Italy - Factors to watch on June 7
07/06/2023 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 .
ECONOMY
ISTAT releases April retail sales data (0800 GMT).
OECD releases May composite leading indicator data (1000
GMT).
DEBT
Italy has raised 10.63 billion euros ($11.36 billion) in the
first two days of the offer of its new 'BTP Valore' bond, bourse
data showed on Tuesday, as Rome tries to increase private
Italians' holdings of the country's debt.
Italy's Treasury said on Tuesday it would sell 6.5 billion
euros ($6.94 billion) in BOT bills at auction on June 9.
Treasury continues offer of new 4-year 'Btp Valore', BTP
bond for retail investors only; ends on June 9, subject to early
closure.
COMPANIES
JUVENTUS JUVE.MI
The Italian soccer club denies a Spanish media report that
it had informed Real Madrid and FC Barcelona them it was
dropping out of the failed Super League project following its
management revamp.
PIRELLI PIRC.MI
The long-serving chief executive of Pirelli has warned that
the tyremaker's independence is at stake because of the growing
influence of its Chinese shareholder Sinochem 600500.SS , the
Wall Street Journal reported.
TELECOM ITALIA TLIT.MI
Telecom Italia (TIM) awaits the moves of U.S. fund KKR
KKR.N and CDP-Macquarie MQG.AX in view of the June 9
deadline, set by the telephone group to send improved offers for
its fixed network and submarine cable unit Sparkle, two sources
close to the matter said on Tuesday.
SAFILO SFLG.MI
The Italian eyewear group signed on Tuesday a 10-year
exclusive license deal for the design, production, and
distribution of Etro's eyewear collections.
PRYSMIAN PRY.MI
S&P Global Ratings assigned a 'BBB-' long-term rating with
stable outlook to the world's largest cablemaker.
MFE-MEDIAFOREUROPE NV MFEB.MI
Annual general meeting in Amsterdam (0730 GMT).
DIARY
Rome, Cabinet meeting with Prime Minister Giorgia Meloni
(1600 GMT).
Rome, Prime Minister Giorgia Meloni receives interim
Libyan counterpart Abdul Hamid Mohammed Dbeibeh (1300 GMT).
Paris, French President Emmanuel Macron receives President
Sergio Mattarella; attending together inauguration ceremony of
exhibition 'Naples in Paris' at the Louvre museum.
Rome, Supervisory Commission on Pension Funds (COVIP)
presents annual report at Chamber of Deputies (0900 GMT).
Rome, roadshow "Companies growing in the South by listing on
the stock exchange" (1400 GMT); expected attendees include
Economy Undersecretary Federico Freni, Unioncamere President
Andrea Prete, Invitalia CEO Bernardo Mattarella.
Rome, representatives from Aeroitalia Srl (via
videoconference) and Ryanair RYA.I (1530 GMT); EasyJet (via
videoconference), Sky Alps Srl (via videoconference), Volotea SL
(via videoconference) (1600 GMT) before Chamber of Deputies
Transport Committee on mobility prospects towards 2030: from
territorial continuity to the effectiveness of the right to
extra-urban mobility.
Rome, Industry Minister Adolfo Urso's programme on
Wednesday:
* gives speech via videoconference at event organised by
Corriere della Sera (0815 GMT);
* delivers closing address at trade association
Confcommercio meeting (0930 GMT);
* gives speech via videoconference at "Space2Connect
Conference 2023" organised by European Space agency (ESA) in
Matera (1100 GMT);
* delivering closing address at Association of Italian
Exhibitions and Fairs (AEFI) event "Our history is exhibiting
yours" (1430 GMT).
Rome, U.N. Food and Agriculture Organization (FAO) and
World Health Organisation (WHO) hold "World Food Safety Day"
high-level event (1015 GMT); FAO Director-General QU Dongyu and
WHO Director General Tedros Adhanom Ghebreyesus delivering
opening addresses.
Milan, banking association ABI ends 'Supervision risks &
profitability' "Managing risks, looking ahead"; on Wednesday
expected attendees include at opening session Maria Giovanna
Greco from Bank of Italy (0730 GMT); Aldo Stanziale from Bank of
Italy (0930 GMT); Carmelo Salleo from ECB (0930 GMT); Emanuela
Salvi and Francesca Cipriani from Bank of Italy, cooperative
credit bank association Federcasse Director General Sergio Gatti
(1200 GMT).
Milan, Industrial Stars of Italy 4 IN4.MI and Sicily By
Car present project by which Sicily By Car will debuts on
Euronext Growth Milan (0915 GMT).
Milan, Banca BFF BFF.MI presents project of its new
headquarters of the group "Casa BFF" with Chairman Salvatore
Messina, CEO Massimiliano Belingheri, Fiera Milano FIMI.MI
Foundation President Enrico Pazzali (0830 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/
($1 = 0.9360 euros)