Italy - Factors to watch on October 12

Intesa Sanpaolo

12/10/2026 05:00

The following factors could affect Italian markets on Monday.

        Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

ECONOMY 
Italian banks should help the government fund next year's budget with a contribution worth €5 billion, the co-ruling League party said on Friday.
COMPANIES
STELLANTIS STLAM.MI
Stellantis heads into Paris Motor Show with a message it hopes customers, investors and dealers are ready to hear: after years of sliding market share and weak sales in Europe, the automaker is back in the fight.  

        (*) European and Chinese automakers were expected to unveil as many as 60 new models at the Paris car show on Monday, as the fight for car buyers' attention on the continent continues to intensify. 
(*) China and the European Union held "intensive consultations" on the trade of hybrid and electric vehicles, the Chinese commerce ministry said on Monday.
        
MONTE DEI PASCHI BMPS.MI, INTESA SANPAOLO ISP.MI, MEDIOBANCA MDBI.MI
Italy's Banca Monte dei Paschi di Siena (MPS) will hold a board meeting late on Monday to take stock of the situation after suitor Intesa Sanpaolo pledged to hike its takeover bid and gained the support of some key MPS investors, three people close to the matter said on Sunday.
Enasarco, the pension fund for commercial agents and sales representatives, has indicated its support for Intesa Sanpaolo's bid for MPS, daily Corriere della Sera reported over the weekend, adding that investor Giorgio Girondi is also likely to side with Intesa Sanpaolo.
Proxy adviser ISS recommended on Saturday that Mediobanca shareholders vote in favour of the merger of the Milan-based bank into MPS as part of the plan devised by the Tuscan bank's CEO Luigi Lovaglio. 

UNIPOL UNPI.MI 
A €2.5 billion capital increase is set to begin on Monday to finance the acquisition of Monte Dei Paschi (MPS) branches should Intesa's bid for the Siena-based bank be successful

(*) ENI ENI.MI 
Indonesian energy company PT Medco Energi Internasional MEDC.JK has reached an agreement with Italian explorer Eni to take a 10% participating interest in four oil and gas blocks in the Kutai Basin, East Kalimantan, Medco said on Monday.
       
SNAM SRG.MI
Infrastructure fund Vesper is in the race to buy the biomethane business of Italy's gas grid operator Snam, three people with knowledge of the matter said on Friday

(*) PRYSMIAN PRY.MI 
Panmure Liberum said on Monday it initiated coverage of the cablemaker with a "sell" rating a a target price of €109 per share. 

(*) ICOP ICOP.MI, TREVI TFI.MI, WEBUILD WBD.MI 
Construction firm Icop said on Friday it had lowered the threshold condition in its Trevi bid to 55% of voting rights. Trevi is under a competing bid from bigger rival Webuild. 
TELECOM ITALIA (TIM) TLIT.MI, POSTE ITALIANE PST.MI 
Moody's raised TIM's long-term issuer rating to Baa3 on Friday, following the closing of Poste Italiane's tender offer on the telecommunication provider.

INWIT INWT.MI
The leading shareholders in the group are arranging the financing for a potential take-private deal of Italy's largest mobile telecom towers company, two people close to the matter said, amid a contractual dispute between the masts firm and its two main customers.
INWIT is ready to engage in talks with Poste Italiane to find a way out from the contractual dispute with TIM, the masts firm's Managing Director Diego Galli told La Repubblica on Sunday. 
        
IVECO GROUP IVG.MI 
India's Tata Motor TATM.NS raised its offer to acquire Iveco to €14.40 from €14.10, The Italian truck maker said on Friday.

(*) SS LAZIO LAZI.MI 
THe Rome-based club maintained their impressive start to the season with a 3-1 winover Monza on Sunday

(*) JUVENTUS FC JUVE.MI 
     The Turin-based club rescued a 1-1 draw at high-flying Cagliari.         

DIARY 
Milan, Assolombarda annual assembly with Prime Minister Giorgia Meloni, Confindustria President Emanuele Orsini, Milan Mayor Giuseppe Sala and Lombardy Governor Attilio Fontana (0830 GMT).

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/