Italy - Factors to watch on September 8

Intesa Sanpaolo

08/09/2026 05:00

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 (*). 
 
CLIMATE
Italy this year recorded its hottest summer since 1950, with an average temperature of 24.3 degrees Celsius (75.7 degrees Fahrenheit), the National Research Council's Institute for BioEconomy (CNR-IBE) said on Monday.
        
DEBT
The Italian Treasury will sell up to €7.75 bln in bonds at an auction on Thursday.

COMPANIES
(*) UNICREDIT CRDI.MI
The Italian bank said on Tuesday it had received European Central Bank approval to apply more favourable rules known as 'Danish Compromise' to calculate the impact of its insurance holdings on its capital reserves.

(*) BANCO BPM BAMI.MI
The lender will hold a board meeting on September 15 to make a preliminary assessment of a potential merger with the Italian assets of its main shareholder Credit Agricole CAGR.PA, daily La Stampa reported on Tuesday.  
During board meetings held in August, some members called on CEO Giuseppe Castagna to consider all strategic and industrial options, in addition to the offer made by Monte dei Paschi, the La Stampa report added.

POSTE ITALIANE PST.MI, TELECOM ITALIA TLIT.MI 
Poste on Monday raised its takeover bid for Telecom Italia (TIM) offering an additional cash component of €0.30, bringing its cash-and-shares offer to €1.97 plus 0.218 Poste shares for each TIM share tendered. Poste also waived the threshold condition for the offer to be valid, initially set at 66.67%.

INTESA SANPAOLO ISP.MI, MONTE DEI PASCHI DI SIENA  BMPS.MI 
Intesa Sanpaolo expects by 2028 to achieve 60% of the €2.9 billion ($3.4 billion) in gross financial benefits envisaged from its proposed takeover of rival Monte dei Paschi di Siena, Intesa said in a document.
The Monte dei Paschi board is expected to meet on Tuesday  to fill two empty board seats after the ECB gave its green light to the appointment of Gianluca Brancadoro and Alessandro Caltagirone, according to a person with knowledge of the matter.

(*) BANCA GENERALI BGN.MI
The private bank could again delay the presentation of its new business plan, expected in November, following Monte dei Paschi's offer, daily MF reported on Tuesday. The plan was originally due last year, but in July CEO Gian Maria Mossa pushed the deadline back to November.

(*) BFF BANK BFF.MI
In an audit report, KPMG highlighted "significant uncertainty" relating to events and circumstances that may raise doubts about the bank's ability to continue as a going concern, MF reported on Tuesday.

(*) THE ITALIAN SEA GROUP TISGR.MI, SANLORENZO SNL.MI
Yacht maker Sanlorenzo will submit a binding offer to acquire its rival The Italian Sea Group on October 15, CEO and Chair Massimo Perotti was quoted as saying by daily Il Sole 24 Ore on Tuesday. 

DIARY 
Rome, signing of an agreement for the sale of two Italian FREMM frigates to Greece, in the presence of Italian Defence Minister Guido Crosetto and of his Greek counterpart Nikos Dendias.
Rome, Poste Italiane PST.MI CEO Matteo Del Fante and Telecom Italia TLIT.MI CEO Pietro Labriola take part in a panel on artificial intelligence and the future of work at conference organised by the co-ruling League party (1330 GMT).
Buenos Aires, Argentina, Italian Foreign Minister Antonio Tajani begins trip to South America with business group Confindustria and a delegation of more than 100 Italian companies. 

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/