Italy - Factors to watch on August 27
Italy - Factors to watch on August 27 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 (*).
ECONOMY
The Italian government has requested €8 billion ($9.3 billion) from the European Union's SAFE defence funding programme, a source close to the matter said on Wednesday, confirming earlier media reports.
DEBT
Treasury to offer €4.5 billion in two BOT bills at an auction.
COMPANIES
INTESA ISP.MI - MONTE DEI PASCHI DI SIENA BMPS.MI
Italy's biggest bank on Wednesday filed a complaint to Italy's market watchdog Consob over transactions that smaller rival Monte dei Paschi di Siena has announced following Intesa's offer for it, a source close to the matter said.
UNICREDIT CRDI.MI
German Finance Minister Lars Klingbeil plans to meet UniCredit CEO Andrea Orcel, government sources told Reuters, in a first sign that Berlin is willing to engage directly with the Italian bank over its Commerzbank
.
GENERALI GASI.MI
Italy's largest insurer convenes board meeting on Monte dei Paschi's BMPS.MI proposal to acquire Banca Generali BGN.MI, in which Generali has a controlling stake.
(*) STELLANTIS STLAM.MI
The automaker has cut its 2026 production plans for the Fiat Titano and Ram Dakota pickups in Argentina by about 40% in response to weaker-than-expected demand in both the domestic market and Brazil, financial daily MF reported on Thursday, citing South American media.
CEO Antonio Filosa said on Wednesday that Stellantis had seen all its key metrics improve in the first half of the year and was on track for a gradual and progressive recovery.
(*) ENERGY
Italy's cabinet on Wednesday extended until September 5 a cut in excise duties on diesel introduced to offset higher costs at the pump. The extension of the measure will cost around €130 million in lost revenue, a source close to the matter said.
The funding comes from advance payment of taxes due by large energy groups, the government said.
(*) MAIRE MTCM.MI
The engineering group said on Thursday its subsidiary Tecnimont had won contracts worth around €110 million for gas and LNG projects in South America and Asia.
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
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/
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