Italy - Factors to watch on July 19

Italian Exhibition SpA

19/07/2022 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 (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    POLITICS
    Fitch Ratings said on Monday prime Minister Mario Draghi's
resignation heralded greater political uncertainty even if early
elections were avoided, adding structural reform and fiscal
consolidation were likely to become more challenging.
 urn:newsml:reuters.com:*:nFWN2YZ1NX
    A bloc of conservative parties, led by the far-right
Brothers of Italy, looks likely to win a clear majority at the
next elections, which might come as early as September, a study
of recent opinion polls showed on Monday.  urn:newsml:reuters.com:*:nL8N2YZ3RL
   
    ENERGY
    Algeria will supply "very big volumes of gas" to Italy
through a $4 billion deal, President Abdulmadjid Tebboune said
on Monday, hailing a "strategic partnership" with Rome during a
visit by Italian Prime Minister Mario Draghi.  urn:newsml:reuters.com:*:nL1N2YZ0ZD
    
    COMPANIES
    UNICREDIT  CRDI.MI 
    The Italian lender has no discussions ongoing over a
possible sale of its Serbian unit, a source close to Italy's
No.2 bank said on Monday, following press speculation that the
subsidiary was on the block.  urn:newsml:reuters.com:*:nS8N2XA015
    
    INTESA SANPAOLO  ISP.MI 
    Italian bank's investor Fondazione Cariplo said on Monday it
had raised its stake to 4.8% from previous 3.9% spending nearly
350 million euros.  urn:newsml:reuters.com:*:nS8N2XA018
    The Italian lender said on Monday it had purchased a total
of 145,965,083 shares since the launch of the share buy-back
programme, equal to around 0.73% of its share capital for a
total countervalue of 246.32 million euros.  urn:newsml:reuters.com:*:nFWN2YZ230
        
    SAIPEM  SPMI.MI 
    Italy's market watchdog Consob said on Monday Swiss bank UBS
held a 5.7% stake in Italian energy group Saipem as of July 11.
 urn:newsml:reuters.com:*:nS8N2XA017
    
    PIRELLI  PIRC.MI 
    Italy's market watchdog Consob said on Monday Italian brake
maker Brembo raised its stake in the Italian tyremaker to 5.2%
from previous 4.99% as of July 1.  urn:newsml:reuters.com:*:nS8N2XA016
    
    LEONARDO  LDFO.MI 
    Britain said on Monday it was collaborating with Japan and
existing partner Italy on its next-generation fighter jet
programme, with joint concept analysis expected to lead to
decisions on deeper partnerships by the end of the year.
 urn:newsml:reuters.com:*:nL8N2YZ453
    
    ITALIAN EXHIBITION GROUP  IEG.MI 
    Presents 2022-2027 industrial plan (1230 GMT).
    
    DIARY
    Aspen and LAPS hold research presentation "Italian public
opinion and security challenges: war in Ukraine, energy and
climate change" with European Affairs Undersecretary Enzo
Amendola (1600 GMT).
    Rome, Senate group leaders conference (1330 GMT).
    Milan, Court of Appeal begins trial on alleged Eni and Shell
bribes in Nigeria.
    
    ((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/