Italy - Factors to watch on March 17

Interpump SpA

17/03/2023 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
    Italy's co-ruling League party said a European Central Bank
decision to raise interest rates was "detached from the real
economy", adding that the recent hikes were weighing on the
banking system.
    
    ECONOMY
    ISTAT releases January foreign trade data (0900 GMT).
    
    COMPANIES
    ENEL  ENEI.MI 
    Italy's biggest utility said its net profit came in at 5.4
billion euros ($5.7 billion) last year, down from 5.6 billion
euros reported in 2021, but better than the group's updated
guidance range.
    
    STELLANTIS  STLAM.MI 
    Carmaker starts a 500-million-euro first tranche of its
shares buyback programme on Friday. It will end by June 19. 
    
    ENI  ENI.MI 
    The Italian energy group plans to launch a new
2.2-billion-euro shares buyback programme this year.  
    
    WEBUILD  WBD.MI 
    Italy's largest construction company expects its core profit
could grow by as much as 30% this year and roughly double at up
to 1.05 billion euros in 2025, under a new three-year plan
unveiled on Thursday.
    
    A2A  A2.MI 
    The Italian regional utility submitted a non-binding bid to
buy a majority stake in smaller rival EGEA, valuing the entire
company between 560 million euros and 605 million euros. 
    
    INTERPUMP GROUP  ITPG.MI 
    Board meeting on FY results (Q4 results released on Feb.
15).
    
    BANCA POPOLARE DI SONDRIO  BPSI.MI 
    Board meeting on FY results (FY results released on Feb. 7).
    
    DIARY
    Rome, news conference to present new championship "FIM ENEL
MotoE World Championship 2023" in presence and online; Enel
 ENEI.MI  CEO Francesco Starace among attendees (1130 GMT).
    Naples, "Feuromed, Euro-Mediterranean Economy Festival"
starts (0800 GMT); ends on March 18. Attendees include EU
Economy Commissioner Paolo Gentiloni, Terna  TRN.MI  CEO Stefano
Donnarumma, Iren  IREE.MI  CEO Gianni Vittorio Armani, A2A
 A2.MI  CEO Renato Mazzoncini, Enel  ENEI.MI  group Italian
Director Nicola Lanzetta, Lapo Pistelli from Eni  ENI.MI  (0930
GMT); Fincantieri  FCT.MI  CEO Pierroberto Folgiero, Webuild
 WBD.MI  CEO Pietro Salini, Open Fiber Chief Executive Mario
Rossetti (1400 GMT).
    Rimini, Prime Minister Giorgia Meloni gives speech at trade
union CGIL 19th national congress (1100 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/