Italy - Factors to watch on June 26

Ki Holding SpA

26/06/2019 05:00

The following factors could affect Italian markets on Wednesday.
    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 economy minister said on Tuesday he was confident of
reaching an agreement with the European Union over the country's
budget, adding that deficit targets in a draft deal would
reflect a "more than prudent" fiscal policy.  urn:newsml:reuters.com:*:nL8N23W1UA
    
    ECONOMY
    ISTAT releases deficit/GDP ratio Q1 data (0800 GMT).
    
    DEBT
    Treasury sells 6-month BOT bills. Subscriptions close at
0900 GMT.
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI 
    Telecom Italia (TIM) is considering an option to merge its
optic-fiber broadband unit, Flash Fiber, with rival Open Fiber
as it looks for ways to create a national broadband network, two
sources familiar with the matter said.  urn:newsml:reuters.com:*:nS8N1SI00T
    
    ATLANTIA  ATL.MI 
    Italy's 5-Star Movement will ask to revoke Atlantia's
motorway concession at a meeting with top ministers in Rome, a
party source said on Tuesday.  urn:newsml:reuters.com:*:nL8N23W4TQ
    
    IREN  IREE.MI 
    Italian utility Iren on Tuesday made a non-binding offer to
tie-up with regional peer Compagnia Valdostana delle Acque (CVA)
to create one of Italy's biggest hydroelectric players, a source
close to Iren said.  urn:newsml:reuters.com:*:nL8N23W4LH
    
    HERA  HRA.MI 
    Moody's on Tuesday affirmed the Baa2 long-term issuer rating
and senior unsecured ratings of Hera following the company's
announcement that it will enter into a partnership with
Ascopiave to develop a major operator in the gas and electricity
supply business in the North-East of Italy. The outlook remains
stable.  urn:newsml:reuters.com:*:nMDY8PDdH3
    
    NETWEEK  NTW.MI 
    Board meeting to approve capital increase and issuance of
convertible bond.
    
    Annual general meetings: BIOERA  BIE.MI  (1230 GMT), CALEIDO
GROUP  CALG.MI  (0800 GMT), IMVEST  YIV.MI  (0900 GMT), KI GROUP
 KI.MI  (0800 GMT), ZUCCHI GROUP  ZUCI.MI  (1230 GMT).
    
    DIARY
    Rome, banking risk conference ends (0715 GMT); closing
round-table discussion with ECB Senior Economist Anna Maria
Agresti, banking association ABI Deputy Director General
Gianfranco Torriero (1215 GMT).
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.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/