Italy - Factors to watch on September 29

Leonardo

29/09/2026 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 (*).

POLITICS
Italy's ruling coalition won a closely watched by-election in the southern region of Calabria on Monday, the first major test for Prime Minister Giorgia Meloni against a new far-right foe ahead of a general election due next year.

An Italian court on Monday convicted three Egyptian security officials of the 2016 kidnapping of student Giulio Regeni, whose tortured body was found days after his disappearance in Cairo. The three men were sentenced to 10 years in jail, while a fourth Egyptian defendant was acquitted.

New rules to limit the number of foreign pupils in Italian classrooms, introduced by Prime Minister Giorgia Meloni, are set to affect at most just a few hundred children nationwide, according to experts and a Reuters analysis of public data.

ECONOMY
Istat releases figures on July industrial sales (0800 GMT) and figures on August producer prices (0900 GMT).
(*) Energy and Environment Minister Gilberto Pichetto Fratin said the government would not extend a cut in fuel excise duties set to expire on October 5, speaking in an interview with daily Corriere della Sera published on Tuesday. 

DEBT
Treasury to sell up to €8 billion across three securities including the new BTP maturing in February 2032.
The Treasury said in its quarterly issuance programme published on Monday it plans to issue €59-69 billion of medium- to long-term government bonds in the fourth quarter. Net of maturities due in the same period, it should translate into net issuance of €28-38 billion.
It also said the cost of new debt issuances in the first eight months of 2026 rose to 2.94% from an average of 2.75% in 2025, reflecting the rise in yields recorded in bond markets during the year. 

COMPANIES 
(*) UNICREDIT CRDI.MI 
CEO Andrea Orcel is preparing to seize control of German lender Commerzbank CBKG.DE and overhaul its supervisory board as early as January, the Financial Times reported on Tuesday, citing people familiar with the matter.

MEDIOBANCA MDBI.MI, MONTE DEI PASCHI DI SIENA BMPS.MI 
Mediobanca said on Monday its shareholders would meet on October 29 to consider the merger into Monte dei Paschi di Siena.

(*) STELLANTIS STLAM.MI 
The U.S. Transportation Department on Monday finalized sharply lower vehicle fuel economy standards, President Donald Trump's latest effort to encourage sales of gasoline-powered vehicles and reverse former President Joe Biden's push toward greater fuel efficiency and EVs.

LEONARDO LDOF.MI 
Airbus AIR.PA and Leonardo are investigating a glitch that triggered a quality alert on 500 best-selling A321neo jets and left the planemaker with a narrowing margin to meet 2026 delivery goals, said two people close to the matter.
     
(*) PIRELLI PIRC.MI
The tyre maker said on Tuesday the Italian government had exercised its so-called "golden powers" on its agreement with Abet group for the development of remote-controlled ground rescue vehicles. Rome imposed technical and organisational conditions to protect industrial property rights, know-how and the products created, deemed as strategically relevant for the country's national security, Pirelli said in a statement.   

AEFFE AEF.MI 
A consortium bidding to rescue the struggling fashion group will present its proposal and an industrial plan in the first week of October, Italy's industry ministry said after a meeting with the investors on Monday.     
The consortium, which plans to invest more than €100 million and protect over 700 jobs, will include state-backed investment agency Invitalia, the Oxy Capital fund, an Italian industrial investor and a Chinese industrial partner, with support from the Ferretti family, the ministry said. 

(*) AMPLIFON AMPF.MI 
The hearing aid company on Tuesday said it would schedule a shareholders' meeting on October 29 to vote on a capital increase, to be executed by June 30, to support the acquisition of GN Hearing. 
     
EDISON EDNn.MI
QatarEnergy has extended force majeure notices first issued in April following disruptions caused by the US-Iran war. Edison, one of the company's biggest customers in Europe, will not receive LNG cargoes until the beginning of December, the Italian group said on Monday.

MARE MARE.MI 
The engineering company on Monday announced two capital increases of up to €3 million each, both priced at €5.60 per share and funded through contributions in kind, to support the previously announced acquisitions of CTMAVIO and Workgroup. Mare also extended the validity of the binding agreement to sell on Workgroup to Metriks AI from September 30 to November 15.    
   
(*) ARMANI, M&A
The timeframe for the sale of a 15% share of the fashion group could be delayed, Il Messaggero reported on Tuesday, citing the New York magazine The Cut, adding that talks had already started. 
LVMH LVMH.PA, EssilorLuxottica ESLX.PA and L'Oréal OREP.PA have informally expressed their willingness to invest with stakes of around 5% each, as none of them intend to buy the full 15%, Corriere della Sera reported.
       
DIARY 
Milan, Italian Energy Summit at Palazzo Mezzanotte (0700-1500 GMT).
CEOs of Webuild WBD.MI and ACEA ACE.MI take part in a high-level panel at the Euromediterranean Forum (1430-1600 GMT).
Prague, Prime Minister Giorgia Meloni on official visit to the Czech Republic. 


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/