Italy - Factors to watch on July 28
28/07/2022 05:00
The following factors could affect Italian markets on Thursday.
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 .
ENERGY
Italy has enough gas supplies to avoid a supply crunch until
the end of the coming winter if Russia were to turn off the
taps, Ecological Transition Minister Roberto Cingolani said on
Wednesday, adding he did not expect large-scale
rationing. urn:newsml:reuters.com:*:nL8N2Z86CN
ECONOMY
ISTAT releases May industry sales data (0800 GMT) and June
non-EU foreign trade data (0900 GMT).
DEBT
Treasury sells 2.25-2.75 billion euros 2.65% BTP bonds due
Dec. 1, 2027; 1.5-2.0 billion euros 2.50% BTP bonds due Dec. 1,
2032; 1.0-1.5 billion euros 0.95% BTP bonds due June 1, 2032;
1.0-1.25 billion euros CCTeu bonds due Oct. 15, 2030.
Subscriptions close at 0900 GMT.
Italy's government borrowing costs faced renewed upward
pressure on Wednesday, after S&P Global cut its ratings outlook
to stable from positive, citing concern that political
instability could slow the path for key economic
reforms. urn:newsml:reuters.com:*:nL8N2Z829A
COMPANIES
CAMPARI CPRI.MI
The Italian drinks group reported a 19% rise in
like-for-like sales in the first six months of the year, but
warned that temporary supply constraints could affect shipments
in the second half. urn:newsml:reuters.com:*:nL8N2Z83FG
MONCLER MONC.MI
Sales at Italian luxury group Moncler MONC.MI rose 46% at
constant exchange rates in the first half of the year, once
again beating analysts estimates, despite a slowdown in the
second quarter due to lockdowns in China. urn:newsml:reuters.com:*:nL8N2Z87B4
ENI ENI.MI
Eni and its partners in the New Gas Consortium (NGC) have
reached a final investment decision for the Quiluma and
Maboqueiro gas project in Angola, with first gas planned in
2026, the energy group said in a statement on Wednesday.
Board meeting on H1 results, press release on July 29.
BPER BANCA EMII.MI
Fitch Ratings has revised the lender's outlook to 'positive'
from 'stable' while affirming its long-term issuer default
rating at 'BB+', it said on Wednesday, citing expectation that
the integration of Intesa Sanpaolo's and Banca Carige's branches
will improve BPER's capacity "to generate sustainable and
long-term value through core-banking activities".
OVS OVS.MI
The clothing retailer said on Wednesday it had bought the
Les Copains brand, but did not disclose any financial details of
the deal. urn:newsml:reuters.com:*:nFWN2Z86ZO
RAI WAY RWAY.MI , MEDIAFOREUROPE MFEA.MI
Asked about a potential integration of Rai Way with EI
Towers, which is 40%-owned by Italy's top commercial broadcaster
MediaForEurope (MFE), Rai Way CEO Aldo Mancino said in a
post-results call he saw the second half of the year as a
reasonable window for discussions between all parties.
STELLANTIS STLA.MI
A potential spin-off of the carmaker's robotics unit Comau
remains an objective for the company in the short to medium term
but is not a priority at the moment, several unions said in a
statement on Wednesday following a meeting with the division's
CEO.
Board meeting on H1 results, followed by conference call
(1030 GMT).
POSTE ITALIANE PST.MI
Releases H1 results (0500 GMT), followed by conference call
(1300 GMT).
STMICROELECTRONICS STM.MI
Releases H1 results (before European bourses openings),
followed by conference call (0730 GMT).
IVECO GROUP IVG.MI
Releases H1 results, followed by conference call (0830 GMT).
AMPLIFON AMPF.MI
Board meeting on H1 results, followed by conference call
(1300 GMT).
RECORDATI RECI.MI
Board meeting on H1 results, followed by conference call
(1400 GMT).
TERNA TRN.MI
Board meeting on H1 results, followed by conference call
(1400 GMT).
PRYSMIAN PRY.MI
Board meeting on H1 results, followed by conference call
(1430 GMT).
ENEL ENEI.MI
Board meeting on H1 results, followed by conference call
(1600 GMT).
INWIT INWT.MI
Board meeting on H1 results, followed by conference call
(1600 GMT).
LEONARDO LDOF.MI
Board meeting on H1 results, followed by conference call
(1630 GMT).
BREMBO BRBI.MI
Board meeting on H1 results (0730 GMT), followed by
conference call (1200 GMT).
MAIRE TECNIMONT MTCM.MI
Board meeting on H1 results, followed by conference call
(1530 GMT).
GEOX GEO.MI
Board meeting on H1 results, followed by conference call
(1545 GMT).
BANCA GENERALI BGN.MI
Board meeting on H1 results.
ARNOLDO MONDADORI EDITORE MOED.MI
Board meeting on H1 results, followed by conference call.
IREN IREE.MI
Board meeting on H1 results, followed by conference call
(1300 GMT).
PIAGGIO PIA.MI
Board meeting on H1 results, followed by conference call.
PRADA 1913.F
Presents H1 results online (1200 GMT).
BANCA CARIGE CRGI.MI
Ordinary shareholders' meeting (0830 GMT).
BANCA IFIS IF.MI
Ordinary and extraordinary shareholders' meetings (0730
GMT).
ITA AIRWAYS
Expected to hold board meeting, also on capital increase.
WEBUILD WBD.MI
Board meeting on H1 results, press release on July 29.
((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/