Italy - Factors to watch on July 2
02/07/2025 06:15
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.
ECONOMY
ISTAT releases May unemployment rate (0800 GMT).
COMPANIES
* FERRARI RACE.MI
Ferrari revealed its new Amalfi coupe late on Tuesday as the luxury sportscar maker mixes petrol and hybrid models in its range while preparing for the launch of its first fully electric vehicle.
STELLANTIS STLAM.MI
The automaker may have to close factories due to the risk of hefty European Union fines for not complying with CO2 emission targets, the head of its European operations, Jean-Philippe Imparato, said on Tuesday.
He also told Italian news agencies Stellantis was not giving up on its loss-making Maserati sport car brand, but a new plan to relaunch it, possibly through synergies with Alfa Romeo, would take some time.
New car sales in Italy fell in June by 17.44% year-on-year, the transport ministry said on Tuesday, but market leader Stellantis suffered an even bigger crash, with sales down 32.83%, according to Reuters calculations.
UNICREDIT CRDI.MI
The bank has brought forward the date of the board meeting due to approve second quarter and first half results to July 22 from July 28, a statement said. The results will be communicated on July 23 instead of July 29.
BANCA IFIS IF.MI, ILLIMITY BANK ILTY.MI
The final results of Banca Ifis' offer for illimity confirm the provisional ones communicated on June 27, with 84.092% of illimity's share capital tendered. The offer has thus become fully effective, Banca Ifis said on Tuesday.
SAFILO SFLG.MI
The eyewear maker on Tuesday announced a 10-year global licensing agreement with Victoria Beckham, with the first collection due out in January.
ITALGAS IG.MI
S&P Global Ratings has assigned the 'BBB+' rating to Italgas and Italgas Reti, with a stable outlook, following the completion of the acquisition and merger by incorporation of 2i Rete Gas.
DIARY
Italian Prime Minister Giorgia Meloni meets Pope Leo XIV at the Vatican (0930 GMT).
Rome, Italy-Malaysia Business summit with Italian Foreign Minister Antonio Tajani, Malaysian Prime Minister Anwar Ibrahim (0830-1000 GMT).
Rome, Economy Minister Giancarlo Giorgetti, Industry Minister Adolfo Urso, EU commissioner for regional funds Raffaele Fitto take part in the annual assembly of the Italian Association of Insurance Companies (ANIA) (from 0830 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/