Italy - Factors to watch on July 28

ExpertAi SpA

28/07/2020 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
    ...
    
    ECONOMY
    ...
    
    DEBT
    Treasury sells 0.75-1.0 billion euros 0,40% BTPei bonds due
May 15, 2030 and 2.75-3.25 billion euros CTZ bonds due May 30,
2022. Subscriptions close at 0900 GMT.
    
    COMPANIES
    INTESA SANPAOLO  ISP.MI , UBI BANCA  UBI.MI 
    Italy's Intesa Sanpaolo said it expected its takeover bid
for rival UBI Banca to fully succeed as market regulator Consob
extended it by two days to give shareholders more time to make
an informed decision.  nL5N2EY5GU 
     Intesa Sanpaolo secured UBI shares accounting for just
under 43.5% of the target's capital, bourse data showed on
Monday.  urn:newsml:reuters.com:*:nS8N2AH03G 
    
    TELECOM ITALIA  TLIT.MI , ENEL  ENEI.MI , A2A  A2.MI 
    Italy's government is studying a plan to create a single
ultra-fast broadband network that could initially be
majority-owned by phone incumbent Telecom Italia (TIM) but would
grant equal access to all market players, a person close to the
matter told Reuters.  urn:newsml:reuters.com:*:nL5N2EY5PO
    Comcast unit SKY, utility A2A and state agency Invitalia are
considering investing in an Italian single ultra-fast broadband
network, two sources told Reuters, as Rome steps up efforts to
close the digital gap with the rest of Europe.  urn:newsml:reuters.com:*:nL5N2EY3AE
    
    MONCLER  MONC.MI 
    Moncler reported a first-half operating loss for the first
time in its history on Monday as a drop in sales caused by the
coronavirus crisis lockdowns accelerated sharply in the second
quarter.  urn:newsml:reuters.com:*:nL5N2EY5E2
    Moncler said June sales were still negative in
aggregate. urn:newsml:reuters.com:*:nS8N2AH03I 
   
    ITALGAS  IG.MI 
    The GD4S association, a group of seven major gas
distributors representing 20% of the European market, is working
on a project to use hydrogen in Europe's distribution networks,
its president said on Monday.  urn:newsml:reuters.com:*:nS8N29D0FI
    
    MOLMED  MLMD.MI 
    Molmed said it reported an H1 net profit of 2.4 million
euros.  urn:newsml:reuters.com:*:nFWN2EY1BK 
    
    INWIT  INWT.MI 
    Ordinary shareholders' meeting (1300 GMT).
    
    CAMPARI GROUP  CPRI.MI 
    Board meeting on H1 results, followed by conference call
(1100 GMT).
    
    SALVATORE FERRAGAMO  SFER.MI 
    Board meeting on preliminary H1 results.
    
    BANCA INTERMOBILIARE  BIM.MI 
    Capital increase ends (started on July 13).
    
    EXPERT SYSTEM  EXSY.MI 
    Capital increase ends (started on July 13).
    
    DIARY
    Rome, Bank of Italy representatives (0700 GMT), budget
parliamentary office (UPB) Presidente Giuseppe Pisauro (0815
GMT), Economy Minister Roberto Gualtieri (0945 GMT) due to speak
before Senate and Chamber of Deputies Budget committees on
deficit hike.
    Rome, report presentation on new technologies in
telecommunications with Innovation Minister Paola Pisano,
Telecom Italia (TIM)  TLIT.MI  CEO Lugi Gubitosi at Chamber of
Deputies (1000 GMT).
    Rome, Defence Minister Lorenzo Guerini speaks before
Parliamentary Committee for inquiry into Giulio Regeni's death
(1300 GMT).
    Rome, ISTAT and ICE-foreign trade institute present 34th
report with Foreign Affairs Undersecretary Manlio Di Stefano,
ICE President Carlo Ferro, ISTAT President Gian Carlo
Blangiardo; Foreign Affairs minister Luigi Di Maio delivers
closing address with interview (0900 GMT).
    Rome, Education Minister Lucia Azzolina speaks before
Chamber of Deputies over schools reopening (1000 GMT).
    Technogym  TGYM.MI  presents "Technogym Innovation Outlook"
with Chairman Nerio Alessandri (1300 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/