Italy - Factors to watch on Feb. 23

H-Farm SpA

23/02/2024 05:00

The following factors could affect Italian markets on Friday.
    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
    Albanian lawmakers on Thursday ratified a migration deal
with Italy under which it will build processing centres for
migrants sent on to its Balkan neighbour across the Adriatic
Sea.
    
    DEBT
    Treasury to sell 5 billion euros in 12-months bills at a
Feb. 27 auction. 
    Treasury sells 3.5-4.0 billion euros new 3.20% BTP Short
bonds due Jan. 28, 2026; 0.5-1.0 billion euros 1.50% BTPei bonds
due May 15, 2029; 250-500 million euros 2.55% BTPei bonds due
Sept. 15, 2041. Subscriptions close at 1000 GMT.
    Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on Feb. 28.
    Treasury announces coupons of new 6-year 'Btp Valore', BTP
bond for retail investors only.
    
    COMPANIES
    BREMBO  BRBI.MI  
    The Italian brakes maker will go ahead with plans to move
its registered office to the Netherlands, a spokesman said,
despite efforts by the Italian government to encourage more
businesses to retain their legal base in the country.
    
    ENEL  ENEI.MI  
    Workers at Italy's biggest utility will go on strike on
March 8, accusing the group of planning to outsource core
business activities, shrink investments and slash labour costs,
three trade unions said on Thursday.
    
    RECORDATI  RECI.MI  
    Attacks on shipping in the Red Sea are having only a minimal
impact on the supply chain of the Italian drug maker, the
company's chief financial officer said in an interview with
Reuters on Thursday.
    
    TENARIS  TENR.MI  
    CEO Paolo Rocca said in a post-results call with analysts
that the Italian steel pipes maker should be able to maintain
margins  at around 25% in the first half of the year, after
reporting a 43% profit jump in Q4 of 2023. 
    
        DOVALUE  DOVA.MI 
  
        Conference call on preliminary FY results (0930 GMT).
  
    
    H-FARM  HFARM.MI 
    Ends capital increase.
    
    DIARY
    Milan, Bocconi University holds lecture on monetary policy
and financial stability; ECB board member Isabel Schnabel gives
speech "Has the fight against inflation been won?" followed by
Q&A session (0900 GMT).
    Milan, ECB board member Isabel Schnabel gives speech at
"Forum Analysis" (1300 GMT).
    Economy Minister Giancarlo Giorgetti attends informal
Eurogroup and ECOFIN meeting in Gand (Belgium).
    Rome, Forza Italia party starts congress (1300 GMT); ends on
Feb. 24. On Friday expected attendees include European People's
Party President Manfred Weber (1400 GMT).
    Manciano, '2024 Forum in Masseria' "Italy in Europe:
objectives, challenges and prospects. A dialogue on the common
future" starts (1100 GMT); ends on Feb. 24. On Friday expected
attendees include welfare institute INPS President Gabriele Fava
(1200 GMT); Industry Minister Adolfo Urso, Enel  ENEI.MI 
Italian unit Italia Nicola Lanzetta, Environment and Energy
Security Minister Ambiente Gilberto Pichetto Fratin (2000 GMT).
    Ancona, Industry Minister Adolfo Urso gives speech via
videoconference at conference "Innovation linked to the
territory for the EU's green and digital transition" (0900 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/