Italy - Factors to watch on Feb. 4
04/02/2025 06:52
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 .
POLITICS
Italy expects its tax burden to be broadly unchanged at
42.3% of gross domestic product (GDP) through 2027, a new
Treasury document shows, despite Prime Minister Giorgia Meloni's
tax-cutting pledges.
DEBT
Italy posted a state sector budget deficit of 5.4 billion
euros ($5.57 billion) in January, compared to a shortfall of
5.55 billion euros in the same month of last year, the Treasury
said in a statement on Monday.
COMPANIES
(*) UNICREDIT CRDI.MI , BANCO BPM BAMI.MI
UniCredit will formally notify its offer for Banco BPM to
the Italian government under so-called "golden power" rules on
Tuesday or Wednesday, Il Corriere della Sera daily reported on
Tuesday.
FERRAGAMO SFER.MI
The Italian luxury goods group on Monday said CEO Marco
Gobbetti would step down at the start of March after little over
three years in charge.
STELLANTIS STLAM.MI
Sales in Italy fell by 15.9% year-on-year in January versus
a 5.86% drop for the whole Italian market, Transport ministry
data showed on Monday. The automaker's market share, however,
improved to just over 31% from 23.25% in December, Reuters
calculations indicated.
(*) JUVENTUS JUVE.MI
The Italian club signed Newcastle United centre back Lloyd
Kelly on loan for the rest of the season, both clubs said on
Monday. Juventus also sealed a deal with Fiorentina to loan out
the midfielder Nicolo Fagioli.
(*) LAZIO LAZI.MI
The Rome club won 2-1 away at Cagliari on Monday and
regained the fourth spot in Serie A standings.
FERRARI RACE.MI
Releases FY results, followed by conference call (1300 GMT).
INTESA SANPAOLO ISP.MI
Releases FY results, followed by conference call (1400 GMT)
and news conference with CEO Carlo Messina (1600 GMT).
INTERMONTE PARTNERS SIM INTM.MI
Second of two-day suspension from negotiation on Euronext
Growth Milan ahead of de-listing on Feb. 5.
DIARY
Industry Minister Adolfo Urso attends EU Trade and
Competitiveness ministers' informal meeting in Warsaw.
Rome, Cabinet Undersecretary Alfredo Mantovano speaks
before Intelligence Parliamentary Committee COPASIR (1700 GMT).
Rome, Environment and Energy Security Minister Gilberto
Pichetto Fratin attends conference "Exploitation of the maritime
subsoil for sustainable energy production" (0800 GMT).
Rome, Economy Deputy Minister Maurizio Leo attends
conference "Finance beyond borders - Islamic Finance: a
strategic opportunity to attract investments" (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/