Italy - Factors to watch on May 30

Iren S.p.A.

30/05/2024 05:00

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 (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    POLITICS
    Italy's and France's far-right leaders Giorgia Meloni and
Marine Le Pen should reinforce their cooperation after June's EU
election, Hungarian Prime Minister Viktor Orban told French
magazine Le Point published on Wednesday.
        
    ECONOMY
    ISTAT releases April unemployment rate date (0800 GMT);
April producer prices data (0900 GMT).
    
    DEBT
    Treasury sells 2-2.5 biliion euros 3.35% BTP bonds due July
1, 2029; 1-1.5 billion euros 3.85% BTP bonds due Dec. 15, 2029;
3-3.5 billion euros 3.85% BTP bonds due July 1, 2034; 0.75-1.0
billion euros of CCTeu bonds due April 15, 2032; 0.75-1.0
billion euros of CCTeu bonds due April 15, 2029. Subscriptions
close at 0900 GMT.
    
    COMPANIES
    MONTE DEI PASCHI (MPS)  BMPS.MI 
    Shares in the Italian bank fell as much as 10% on Wednesday,
closing down 5.4%, after a judge asked Milan prosecutors to
investigate alleged fraud in relation to the bank's rescue in
2017, according to a document seen by Reuters.
    
    STELLANTIS  STLAM.MI 
    The transition to electric vehicles (EVs) will impose a
"significant burden" on auto suppliers, the carmaker's CEO
Carlos Tavares said on Wednesday as Western automakers race to
cut costs and compete with Chinese peers.
    
    NEXI  NEXII.MI 
    Payments companies Nexi, Stripe and Adyen  ADYEN.AS  have
started offering businesses in Italy a way to accept payments
from customers that relies on Apple's  AAPL.O  iPhones, they
said on Wednesday.
    
    TERNA  TRN.MI 
    The Italian power grid operator said on Wednesday it had
underwritten a 250-million-euro ESG-linked revolving credit
facility with Intesa Sanpaolo  ISP.MI .
                
    DIARY
    Sustainable Future Energy Summit 2024 "Energy for the new
Europe and G7 Italy" online event (0730 GMT), with Italian
Alliance for Sustainable Development (ASviS) Scientific Director
Enrico Giovannini, Environment and Energy Security Minister
Gilberto Pichetto Fratin, Snam  SRG.MI  CEO Stefano Venier,
Edison  EDNn.MI  CEO Nicola Monti, A2A  A2.MI  CEO Renato
Mazzoncini, Industrie De Nora  DNR.MI  CEO Paolo Dellachà, Iren
 IREE.MI  Chairman Luca Dal Fabbro.
    Financial Market Intermediaries Association (AMF Italia)
holds 2024 annual meeting online (1300 GMT), expected attendees
include OECD representative Carmine Di Noia, Mario Nava from EU
Commission, European Parliament ECON Commission President Irene
Tinagli, European Securities and Markets Authority (ESMA)
President Verena Ross; market regulator CONSOB Commissioner
Carlo Comporti delivers closing address.
    Rome, ceremony and exhibition "100 years Matteotti" with
President Sergio Mattarella, Prime Minister Giorgia Meloni,
(0900 GMT).
        Catania, Industry Minister Adolfo Urso holds news
conference at inauguration ceremony of "Casa del Made in Italy"
(0930 GMT).
  
        Stresa, 13th edition 'Technology Forum 2024' "Harnessing
Innovation in the Global Scenario" (1200 GMT); ends on May 31.
On Thursday EU Commission Digital Policies Director General
Roberto Viola attends.
  
        Turin, 3rd edition "International Economy Festival"
starts; ends on June 2. On Thursday expected attendees include
EU Economy Commissioner Paolo Gentiloni (1400 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/