Italy - Factors to watch on Aug. 26

Ermenegildo Zegna NV

26/08/2022 05:00

The following factors could affect Italian markets on Friday.
    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 Italian rightist alliance's ambitious spending plans
will respect European Union budget rules and not blow a hole in
the country's finances, the head of the party topping the polls
ahead of a national election next month told Reuters on
Thursday. urn:newsml:reuters.com:*:nL8N3004XP
    Giorgia Meloni also said Italy will look to limit China's
economic expansion and continue to support Ukraine militarily if
a rightist alliance wins the election  urn:newsml:reuters.com:*:nL8N3013AZ
    
    ENERGY
    Italy will update its gas emergency plan next week, a
government source said on Thursday, adding Rome will not resort
to rationing since it has cut its reliance on Russian imports
 urn:newsml:reuters.com:*:nL8N3012AD    
    
    ECONOMY
    ISTAT releases August consumer and business confidence data
(0800 GMT).
    
    DEBT
    Treasury sells 6.0 billion euros new 6-month BOT bills.
Subscriptions close at 0900 GMT.
    ECB releases July data on Italian banks domestic government
bond holdings.
    
    COMPANIES
    TELECOM ITALIA (TIM)  TLIT.MI 
    Brothers of Italy wants state lender Cassa Depositi e
Prestiti (CDP) to take control of former phone monopoly TIM and
manage its broadband network, the head of the party, Giorgia
Meloni told Reuters.  urn:newsml:reuters.com:*:nL8N3004XP
    
    ENI  ENI.MI , ENEL  ENEI.MI 
    Meloni ruled out any intention to take full control of
national energy groups Eni and Enel as the French government is
aiming to do with , saying the two companies are
proving successful in their current shape.  urn:newsml:reuters.com:*:nL8N3004XP
    
    ENI  ENI.MI 
    Exports of Mexico's newest crude are ramping up under
Italy's Eni as U.S. refiners find it an apt replacement for
banned Russian oil and one that complements domestic grades.
 urn:newsml:reuters.com:*:nL4N2ZV2NX
    
    STELLANTIS  STLA.MI 
    The car marker has halted its Opel car factory in Zaragoza
in northern Spain for five shifts due to a shortage of
semiconductors, labour union CCOO said on Thursday.  urn:newsml:reuters.com:*:nL8N3013JV
    Car production at Stellantis' Sochaux car plant in France
will be suspended until Saturday.  urn:newsml:reuters.com:*:nL1N3010LG
      
    
    Milan Stock Exchange After Hours market closed.
    
    ZEGNA GROUP  JN0.F 
    Releases H1 results (1030 GMT), followed by conference call
(1200 GMT).
    
    DIARY
    ...
    
    ((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/