Italy - Factors to watch on June 9
09/06/2022 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 .
DEBT
Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on June 14.
COMPANIES
UNICREDIT CRDI.MI
UniCredit is well placed to withstand volatility in Italian
government bonds, the group's finance chief said on Wednesday,
dismissing concerns about the impact of a recent widening in
spreads with German debt. urn:newsml:reuters.com:*:nL8N2XV45C
BANKS
British and Italian banks are expected to see the biggest
boost from Europe's rising interest rates, according to a new
study, while French and Dutch lenders will see barely any
benefit and Swiss and Swedish banks could actually suffer.
urn:newsml:reuters.com:*:nL1N2XV1N0
ENI ENI.MI
The Italian company has been picked, along with another four
oil majors, by Qatar as partners in the near $30 billion
expansion of the world's largest liquefied natural gas (LNG)
project, people with knowledge of the matter said on Wednesday.
urn:newsml:reuters.com:*:nL1N2XV1RF
Eni and Norway's HitecVision said on Wednesday they planned
to sell 5% of their shares in Norway's oil firm Vaar Energi
VAR.OL . In February, Vaar became the largest pure-play oil
exploration and production (E&P) company to list globally in
almost a decade urn:newsml:reuters.com:*:nL8N2XV512
STELLANTIS STLA.MI , FERRARI RACE.MI
European Parliament lawmakers on Wednesday voted in favour
of an effective EU ban on the sale of new petrol and diesel cars
from 2035, as part of a broad package of measures to combat
climate change. urn:newsml:reuters.com:*:nA5N2W501L
NEXI NEXII.MI , INTESA SANPAOLO ISP.MI
Nexi is close to buying Intesa Sanpaolo's merchant acquiring
in Croatia for about 180 million euros, two sources with
knowledge of the matter said on Wednesday. urn:newsml:reuters.com:*:nS8N2VH04U
SAIPEM SPMI.MI
As part of the company's planned capital increase, Saipem
said Wednesday it would go ahead with a reverse stock split of
ordinary shares in the ratio of one new ordinary share for every
10 outstanding ordinary shares and of one new savings share for
every 10 outstanding savings shares after the cancellation of
eight ordinary shares and eight savings shares.
HIGH QUALITY FOOD HQF.MI
Leading operator in the high quality agro-industrial sector
High Quality Food debuts on Euronext Growth Milan.
IPOs
Italian refrigeration group Epta could list on the Milan
Stock Exchange before August, aiming for an enterprise value of
1.8 billion euros ($1.9 billion), two sources with knowledge of
the matter told Reuters on Wednesday.
The decision will be taken depending on the market
conditions, the sources said, adding that the offering would
consist of both new and existing shares. urn:newsml:reuters.com:*:nL8N2XV393
DIARY
Rome, opening ceremony of 1st edition 'International
Festival New European Bauhaus in Italy' (0800 GMT); panel
"Energy and technology for a sustainable future" with Enel Group
ENEI.MI E-distribution unit CEO Vincenzo Ranieri (0830 GMT);
panel "Inclusion and social justice for a sustainable future"
with European Space Agency (ESA) Chief Diversity Officer Ersilia
Vaudo, state lender Cassa Depositi e Prestiti (CDP) Venture
Capital SGR President Francesca Bria (0925 GMT); Culture
Minister Dario Franceschini delivers via videolink institutional
welcome (1100 GMT); EU Commission President Ursula von der
Leyen.
Rome, International Renewable Energy Agency (IRENA) presents
"World Energy Transitions Outlook 2022" with Ecological
Transition Minister Roberto Cingolani, IRENA Director General
Francesco La Camera, Eni ENI.MI CEO Claudio Descalzi (1530
GMT).
Rome, Intesa Sanpaolo ISP.MI and Italy's biggest farmers
body Coldiretti present agreement on "How to seize Italy's
Recovery and Resilience Plan (PNRR) opportunities to grow the
Italian agriculture of the future", with Intesa Sanpaolo
representative Stefano Barrese, Coldiretti President Ettore
Prandini, Agriculture Minister Stefano Patuanelli (0900 GMT).
Milan, Italian luxury goods companies association Altagamma
and Bain & Company present "Design Market Monitor 2022" with
opening adresses by presidents Matteo Lunelli for Altagamma and
Maria Porro for 'Salone Del Mobile' (1230 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/