Italy - Factors to watch on Oct. 3

FNM SpA

03/10/2023 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 .
    
    DEBT
    Treasury continues offer of new 5-year 'Btp Valore', BTP
bond for retail investors only; ends on Oct. 6, subject to early
closure.
    The new 5-yr BTP Valore dedicated to retail investors
reached 4.77 billion euros on the first day of the offer, bourse
data showed on Monday.
    
    COMPANIES
    
    STELLANTIS  STLAM.MI  
    New car sales in Italy rose by 22.8% year-on-year in
September, Italy's transport ministry said on Monday. Stellantis
had a market share of 32.5%, according to Reuters calculations.
    
    ENI  ENI.MI  
    A coalition of Total Energies  TTEF.PA , Eni and Qatar
Energy applied for the second licensing round to bid on oil and
gas blocks 8 and 10 in Lebanese waters, just an hour before the
deadline on Monday, Lebanon's energy ministry said.
    
    SNAM  SRG.MI , TERNA  TRN.MI 
    Italy won't use its powers to curb the presence of State
Grid Corporation of China in its own strategic electricity and
gas grid company, in which the Beijing-controlled group holds a
35% stake, people close to the matter said. 
    
    M&A, ASPI
    A Bloomberg report suggesting that the Italian government is
aware of and could support a possible bid for motorway operator
Autostrade per l'Italia (ASPI) is "completely groundless,"
sources from Prime Minister Giorgia Meloni's office said.
    Citing anonymous sources with knowledge of the matter,
Bloomberg wrote on Monday that Italian construction magnate
Matterino Dogliani's family company Fininc was considering
bidding for a controlling stake in ASPI.
    
    
    DIARY
    Rome, "Cybertech Europe" event starts; ends on Oct. 4. On
Tuesday Leonardo  LDOF.MI  CEO Roberto Cingolani delivers
introductory remarks and opening address (0705 GMT); expected
attendees include Defence Minister Guido Crosetto (0720 GMT); EU
Commission Vice President Margaritis Schinas (0750 GMT).
        Rome, insurers' association ANIA holds 'Insurance Summit
2023'; Economy Minister Giancarlo Giorgetti delivers
introductory remarks via videoconference (0815 GMT); Bank of
Italy Vice Governor and insurance supervisor IVASS President
Luigi Federico Signorini delivers welcome remarks (0830 GMT);
Assicurazioni Generali  GASI.MI  Chairman Andrea Sironi delivers
a presentation (0845 GMT); expected attendees include banking
association ABI Director General Giovanni Sabatini (1015 GMT);
Industry Minister Adolfo Urso (1500 GMT).
  
        Industry Minister Adolfo Urso is interviewed by Radio 24
broadcaster (0630 GMT) and attends 'German Unity Day'
celebration (1700 GMT) in Rome.
  
        Turin, Industry Minister Adolfo Urso (0830 GMT) and
Economy Minister Giancarlo Giorgetti (0840 GMT) take part via
videoconference in round-table discussion 'Regions and economic
development for the territories'.
  
    Rome, Industry and Labour Ministries host meeting on
industrial crisis at automotive components company Marelli's
Crevalcore plant (1200 GMT).
    Milan, Ferrovie Appulo Lucane presents a project for an
exclusively battery-powered train produced by Stadler, with
Transport Minister Matteo Salvini (0945 GMT); Industry Minister
Adolfo Urso attends via videoconference (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/