Italy - Factors to watch on May 30

Ecosuntek SpA

30/05/2018 05:00

The following factors could affect Italian markets on Wednesday.
    Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    POLITICS
    Italy may hold repeat elections as early as July after the
man asked to be prime minister failed to secure support from
major political parties for even a stop-gap government, sources
said on Tuesday, as markets tumbled on the growing political
turmoil.  urn:newsml:reuters.com:*:nL5N1T02Q3
    
    DEBT
    Treasury sells 1.250-2.00 billion euros CCTeu bonds due
Sept. 15, 2025; 1.00-1.750 billion euros 0.95 percent BTP bonds
due March 1, 2023; 1.50-2.250 billion euros 2.00 percent BTP
bond due Feb. 2, 2028. Subscriptions close at 0900 GMT.
    A deepening political crisis in Italy, the euro zone's third
biggest economy, fuelled a selloff in Italian assets and the
euro on Tuesday that was reminiscent of the euro zone debt
crisis of 2010-2012.  urn:newsml:reuters.com:*:nL5N1T019Z
    Italy's government debt situation is still manageable
despite the sharp rise in borrowing rates in recent days as the
country's long debt maturity profile and improved economic
fundamentals are supportive, ratings agency DBRS told Reuters.
 urn:newsml:reuters.com:*:nL5N1T069X
    
    ECONOMY
    Italy's political crisis risks undoing years spent
rebuilding the country's banks, undermining the value of their
assets, choking off access to funding and rekindling euro exit
fears.  urn:newsml:reuters.com:*:nL5N1SZ3J7
    The European Commission proposed on Tuesday spending more
European Union money on Italy and other southern members hit by
the economic and migrant crises, while spending less in the
former communist countries of central Europe.  urn:newsml:reuters.com:*:nL5N1T04WU
    
    
    COMPANIES
    FIAT CHRYSLER  FCHA.MI 
     Fiat Chrysler (FCA) boss Sergio Marchionne is expected to
outline new plans for electric and hybrid cars in a strategy
presentation on Friday, aiming to ensure the world's
seventh-largest carmaker remains in the race in the absence of a
merger.  urn:newsml:reuters.com:*:nL5N1ST6CG  urn:newsml:reuters.com:*:nL5N1SW5SZ
    
    POSTE ITALIANE  PST.MI 
    Shareholders at the Italian post office approved on Tuesday
a share buy-back for up to 5 percent of the capital and spending
for up to 500 million euros. Investors also gave their green
light to the assignment of 210 million euros in free reserves 
to BancoPosta's ring-fenced capital.  
    
    INTESA SANPAOLO  ISP.MI 
    Chairman Gian Maria Gros-Pietro attends news conference by
FAI-Italian Environment Fund in Milan (0900 GMT).
      
    PORTALE SARDEGNA  PSAR.MI 
    CEO Massimiliano Cossu attends news conference to present a
regional project in Nuoro (0830 GMT).
    
    ABITARE IN  ABIT.MI 
    Extraordinary shareholders' meeting (1600 GMT).
    
    AGATOS  AGAT.MI 
    Board meeting on FY results.
    
    ECOSUNTEK  ECKS.MI 
    Board meeting on FY results.
    
    ITWAY  ITWY.MI 
    Board meeting on FY 2017 and Q1 2018 results.
    
    NETWEEK  NTW.MI 
    Annual general meeting (0730 GMT).
    
    TOSCANA AEROPORTI  TYA.MI 
    Annual general meeting (0900 GMT).
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.com))
    
    For Italian market data and news, click on codes in 
brackets:

    20 biggest gainers (in percentage)............ .PG.MI 
    20 biggest losers (in percentage)............. .PL.MI 
    FTSE IT allshare index  .FTITLMS 
    FTSE Mib index........  .FTMIB 
    FTSE Allstars index...  .FTSTAR 
    FTSE Mid Cap index....  .FTITMC 
    Block trades..........  .BLK.MI 
    Stories on Italy......  IT-LEN 
    
    For pan-European market data and news, click on codes in 
 brackets:
  European Equities speed guide................... EUR/EQUITY 
  FTSEurofirst 300 index.............................. .FTEU3 
  DJ STOXX index...................................... .STOXX 
  Top 10 STOXX sectors........................... .PGL.STOXXS 
  Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
  Top 10 Eurofirst 300 sectors................... .PGL.FTEU3S 
  Top 25 European pct gainers....................... .PG.PEUR 
  Top 25 European pct losers........................ .PL.PEUR 
 
  Main stock markets:
  Dow Jones............... .DJI   Wall Street report ..... .N 
  Nikkei 225............. .N225   Tokyo report............ .T 
  FTSE 100............... .FTSE   London report........... .L 
  Xetra DAX............. .GDAXI   Frankfurt market stories .F 
  CAC-40................. .FCHI   Paris market stories... .PA 
  World Indices..................................... 0#.INDEX 
  Reuters survey of world bourse outlook......... EQUITYPOLL1 
  Western European IPO diary.......................... WEUIPO 
  European Asset Allocation........................ EUR/ASSET 
  Reuters News at a Glance: Equities............... TOP/EQE 
  Main currency report:............................... FRX/