Italy - Factors to watch on July 13

GM Leather SpA

13/07/2022 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 .
    
    POLITICS
    Italian Prime Minister Mario Draghi said on Tuesday he would
leave office if the 5-Star Movement pulls out of his coalition,
and called on parties supporting him to stop launching
"ultimatums" to his government.  urn:newsml:reuters.com:*:nL8N2YT4EX
    
    DEBT
    Treasury sells following BTP bonds: 2.75-3.25 billion euros
1.20% due Aug. 15, 2025; 2.0-2.5 billion euros 2.80% due June
15, 2029; 1.0-1.25 billion euros 3.25% due March 1, 2038.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    ENEL  ENEI.MI 
    Major international players have dropped out of the bidding
process for a Brazilian power distributor owned by the European
biggest utility, leaving two local firms competing head-to-head
for the asset, three sources with knowledge of the matter said.
 urn:newsml:reuters.com:*:nL1N2YL1AT
    
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI 
    State-owned lender Chief Executive Luigi Lovaglio said the
initial feedback on the Italian bank's new strategic plan was
generally positive, with the market perceiving its industrial
goals as credible.  urn:newsml:reuters.com:*:nL8N2YT2L3
    
    BRUNELLO CUCINELLI  BCU.MI 
    The Italian luxury group said on Tuesday it had raised again
its revenue guidance for 2022 after posting a 46.4% sales jump
in the second quarter of the year.  urn:newsml:reuters.com:*:nL8N2YT3ZR
    
    G.M. LEATHER  GML.MI 
    The leather processing and marketing sector company debuts
on Euronext Growth Milan.
    
    ASSITECA  ASSI.MI 
    The Italian insurance broker is delisted as of Wednesday.
    
    DIARY
    Online event "Made in Italy, driving innovation,
sustainability and resilience" (1230 GMT); expected attendees
include EU Financial Services Commissioner Mairead McGuinness
(1245 GMT), Bank of Italy Deputy Governor Alessandra
Perrazzelli, Milan Stock Exchange President Claudia Parzani, 
Aeroporti di Roma (AdR) Chairman Claudio De Vincenti (1505 GMT),
Foreign Minister Luigi Di Maio (1600 GMT).
    Rome, Italy's biggest farmers body Coldiretti holds meeting
"Against drought and price increases, supply chain agreements
save Made In Italy" with Agriculture Minister Stefano Patuanelli
(0700 GMT). 
    Stellantis  STLA.MI  holds online event to present
"Stellantis Startup Awards" with CEO Carlo Tavares (1230 GMT).
    Turin, Iveco Group  IVG.MI  holds press conference 'Beyond
Iveco Group Days' with Industry Minister Giancarlo Giorgetti
(1000 GMT) in Turin (1000 GMT).
    Turin, Intesa Sanpaolo  ISP.MI  holds conference "The use of
artificial intelligence to fight financial crime" (0800 GMT);
expected attendees include Intesa Sanpaolo Chairman Gian Maria
Gros-Pietro, ECB board member Elizabeth McCaul giving speech on
"Anti Financial Crime trends and ECB expectations in an EU
perspective"; Bank of Italy Deputy Governor Alessandra
Perrazzelli on "The Fintech Hub experience as an accelerator of
digital change".
    
    ((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/