Italy - Factors to watch on March 14

Erg SA

14/03/2023 05:00

The following factors could affect Italian markets on Tuesday.
    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's Prime Minister Giorgia Meloni said on Monday that
her government had faced 'atrocious' accusations but that her
conscience was clear, after Rome's ability to rescue migrants at
sea came under scrutiny following several shipwrecks.
    Seventeen migrants rescued after the latest deadly shipwreck
in the Mediterranean were brought ashore by the Italian
authorities on Monday as Italy faced criticism for its response
to the crisis.
    Germany has formed an alliance with Italy and some Eastern
European countries opposing the planned phase-out of internal
combustion engines from 2035, and they want to make their own
proposal.

    ECONOMY
    ISTAT releases January industrial output data (0900 GMT) and
monthly bulletin on the state of the economy in February (1000
GMT).
    
    DEBT
    Treasury sells 3.5-4.0 billion euros new 3.80% BTP bonds due
April 15, 2026; 2.5-3.0 billion euros 3.85% BTP bonds due Dec.
15, 2029; 1.5-2.0 billion euros 4.0% BTP Green bonds due April
30, 2035; 500-750 million euros 2.15% BTP bonds due March 1,
2072. Subscriptions close at 1000 GMT.
    
    COMPANIES
    TOD'S  TOD.MI  
    The Italian fashion group said on Monday it had an excellent
start of the season as it posted higher-than-expected operating
profits for last year.
    
    AVIO  AVI.MI 
    The Italian aerospace group posted on Monday a 15% rise in
sales to 357 million euros last year, slightly beating its 2022
revenues guidance of between 330-350 million euros. 
    
    ASSICURAZIONI GENERALI  GASI.MI 
    Releases FY results (0630 GMT), followed by conference calls
with the press (0700 GMT) and with analysts (1100 GMT).
    
    INTERCOS  ICOS.MI 
    Board meeting on FY results, followed by conference call
(1730 GMT).
    
    BANCO BPM  BAMI.MI 
    Board meeting on FY results (FY results released on Feb. 7).
    
    FINECOBANK  FBK.MI 
    Board meeting on FY results (FY results released on Feb. 7).
    
    SAIPEM  SPMI.MI 
    Board meeting on FY results (preliminary FY results released
on Feb. 28).
    
    LU-VE  LUVE.MI 
    Board meeting on FY results (preliminary FY results released
on Jan. 13).
    
    ERG  ERG.MI 
    Board meeting on FY results, press release on March 15.
    
    DIARY
    Nairobi (Kenya), President Sergio Mattarella starts official
visit; ends on March 16.
    Cairo, Foreign Minister Antonio Tajani and University and
Research Minister Anna Maria Bernini meet Egyptian President
Abdel Fattah Al-Sisi to discuss food security and strengthen 
bilateral cooperation in agrifood field.  
        Rome, Economy Minister Giancarlo Giorgetti, Economy
Deputy Minister Maurizio Leo, Cabinet Undersecretary Alfredo
Mantovano, convene with representatives of following trade
unions for a meeting on tax reform: CGIL, CISL, UIL, UGL (1300
GMT); COFSAL UNSA, Confintesa, USB, CISAL (1400 GMT).
  
    Rome, Industry Minister Adolfo Urso attends event "Soft
power of Italy" (0930 GMT), delivers closing address at
conference "The cyber-threat to space" (1630 GMT).
    Rome, Permanent Observatory for Young Publishers and Enel
 ENEI.MI  hold meeting to present project "E-Project: ecological
literacy" with Enel CEO Francesco Starace (1000 GMT).
    
    ((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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/