Italy - Factors to watch on Aug. 31

Ediliziacrobatica SpA

31/08/2020 05:00

The following factors could affect Italian markets on Monday.
    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
    The government still estimates a single-digit decline in
gross domestic product in 2020, Deputy Economy Minister Antonio
Misiani said in an interview with daily Corriere della Sera,
adding they expect a strong rebound in growth in the third
quarter.
    
    ECONOMY
    ISTAT releases Q2 GDP final data (0800 GMT); August flash
CPI and HICP data (0900 GMT).
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI 
    Telecom Italia (TIM) TLIT.MI is set to sign off on a
landmark deal with U.S. fund KKR  KKR.N  on Monday that could
lay the groundwork for plans to create a single ultrafast
broadband network promoted by the Italian government.
 urn:newsml:reuters.com:*:nL8N2FV0D4
    Vodafone, Comcast unit SKY and WindTre said on Friday it was
crucial that any single broadband network company in Italy be
independent with the proper governance rules.  urn:newsml:reuters.com:*:nS8N28D0AR
    The chairman of broadband network operator Open Fiber,
Franco Bassanini, said in an interview with daily La Stampa on
Sunday that the governance of the new broadband network company
should be independent and neutral, with a key role for state
lender Cassa depositi e prestiti (CDP).
    
    ANIMA HOLDING  ANIM.MI 
    The Italian asset manager wants to play a leading role in
the consolidation process expected in the banking industry, CEO
Alessandro Melzi d'Eril said in an interview with la Repubblica
daily on Sunday.
    
    MEDIOBANCA  MDBI.MI 
    Eyewear tycoon Leonardo Del Vecchio plans to increase his
stake in Mediobanca only slightly in the short term to just
above 10%, after being given European Central Bank approval to
increase it to nearly 20%, sources said on Friday.  urn:newsml:reuters.com:*:nL8N2FT1UA
    
    FINCANTIERI  FCT.MI 
    Economy Minister Roberto Gualtieri on Friday signed off on a
guarantee by state export credit agency Sace covering 70% of a
1.15 billion euro loan granted to shipmaker Fincantieri by a
pool of Italian banks, the ministry said.
    The guarantee is part of a package of government measures to
support companies whose business has been hit by the coronavirus
emergency.  
    
    Bourse After Hours market closed.
    
    CASTA DIVA GROUP  CDGI.MI 
    Starts capital increase; ends on Sept. 17.
    
    EDILIZIACROBATICA  EDAC.MI 
    Trade ex-dividend of 0.096 euro per share.
    
    DIARY
    WHO Regional Director for Europe Hans Kluge and Italian
Health Minister Roberto Speranza co-chair regional conference on
safe and gradual reopening of the schools (730 GMT).
    Rome, Chamber of Deputies holds general debate on the
extension of the decree regulating the COVID-19 emergency (1200
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/