Italy - Factors to watch on August 7

Interpump SpA

07/08/2024 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
    Italy on Tuesday appointed a special commissioner to tackle
the spread of the blue crab, an aggressive species that is
preying on local clams and threatening a lucrative part of
national food production.    
   Italian Prime Minister Giorgia Meloni said taking her
seven-year-old daughter on an official visit to China set a good
example that should help advance the rights of working mothers.
    
    ECONOMY
    Bank of Italy releases July data on Target 2 liabilities and
European Central Bank funding to Italian banks.
    
    DEBT
    The Italian Treasury plans to sell 7.5 bln euros in BOT
bills at an auction on Aug 9.
    
    COMPANIES
    CARMAKERS/STELLANTIS  STLAM.MI   
    Talks between the Italian government and China's Dongfeng
Motor Group about building an auto plant in Italy are at an
advanced stage, Italian sources close to the matter said on
Tuesday.
    
    BANCO BPM  BAMI.MI 
    Italy's third-largest bank on Tuesday raised its earnings
and shareholder remuneration guidance for the year, after
joining peers in posting higher-than-expected second-quarter
earnings.
        
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI  
    State-owned Italian bank Monte dei Paschi di Siena on
Tuesday raised its profit outlook and dividend payout goal
through 2028, after second quarter earnings came in well ahead
of expectations.
    
    BANCA POP SONDRIO  BPSI.MI  
    The chief executive of Italian regional bank Popolare di
Sondrio, Mario Alberto Pedranzini, on Tuesday said he hoped the
government would not introduce any new tax on bank profits.
    
    SNAM  SRG.MI 
    Italy won't use special powers designed to shield assets
deemed as strategic for the country in relation to Vitol-backed
VTTI's acquisitionof Adriatic LNG, Italy's biggest liquefied gas
terminal, two sources with knowledge of the matter said.
    Earlier this year ExxonMobil and QatarEnergy agreed to sell
their stakes in the Adriatic LNG terminal, with VTTI getting a
70% stake and the Italian gas grid operator the remaining 30%.
    
    POSTE ITALIANE  PST.MI 
    The Italian post office starts on Wednesday a second tranche
of its share buyback programme for a total outlay of up to 41
million euros, it said on Tuesday. 
    
    BPER BANCA  EMII.MI 
    Releases H1 results (0530 GMT), followed by conference call
(0800 GMT).
    
    INTERPUMP GROUP  ITPG.MI 
    Board meetings on H1 results.
    
    DOVALUE  DOVA.MI 
    Board meetings on H1 results.
                
    Milan Stock Exchange After Hours market closed.
    
    DIARY
    Rome, cabinet meeting expected.
    Rome, Industry Ministry convenes plenary meeting on
automotive policies in Italy and Europe chaired by Industry
Minister Adolfo Urso (1300 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/