Italy - Factors to watch on November 27

Mfe-mediaforeurope NV

27/11/2025 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 Senate has postponed debate on a landmark bill that would stipulate for the first time that sex without consent constitutes rape, exposing tensions within Prime Minister Giorgia Meloni's coalition.

ECONOMY

ISTAT releases November consumer and business confidence data (0900 GMT) and September industry sales data (1000 GMT).

DEBT

Treasury sells 2.25-2.75 billion euros 2.85% BTP bonds due Feb. 1, 2031; 2.25-2.75 billion euros 3.45% BTP bonds due Feb. 1, 2036; 3.5-4.0 billion euros new CCTeu bonds due April 15, 2035. Subscriptions close at 1000 GMT.

COMPANIES

(*) BANKS

European regulators are pressing Italian banks to reduce their holdings of domestic sovereign bonds, Intesa Sanpaolo ISP.MI CEO Carlo Messina said in an interview with Il Sole 24 Ore newspaper published on Thursday.

Messina also underscored potential for further consolidation in the Italian banking sector but ruled out any involvement for Intesa, Italy's largest bank. He reiterated the bank's ambition to expand in the asset management sector, but dismissed speculation of a deal with leading Italian insurer Generali GASI.MI.

Italy is considering an additional increase in the IRAP corporate tax applied to domestic banks to help finance costly amendments to next year’s budget, political sources said.

The draft budget already raises the IRAP rate for banks and insurance companies by two percentage points. Rome is now evaluating a further 0.5-percentage-point hike, but only for major lenders, the sources added.

STELLANTIS STLAM.MI

Chinese battery maker CATL 300750.SZ started building Spain's largest battery factory on Wednesday, a 4.1-billion-euro project with Stellantis that highlights Europe's reliance on Chinese technology even as Brussels seeks to tighten trade rules.

(*) POSTE ITALIANE PST.MI

The state-backed financial conglomerate said on Wednesday it had issued a senior unsecured bond worth 750 million euros under its 2.5 billion euro Euro Medium Term Note (EMTN) programme.

MFE-MEDIAFOREUROPE MFEB.MI

The TV group controlled by Italy's Berlusconi family said on Wednesday it had agreed to buy a 32.9% stake in Portuguese media company Impresa IMPA.LS, noting that the transaction would have no impact on 2025 financial year forecasts.

(*) BANCA GENERALI BGN.MI

Kepler Cheuvreux initiated on Thursday its coverage on the stock with 'Buy' and a target price of 59 euros.

ZEST ZEST.MI

Capital increase ends.

DIARY

Pope Leo starts visit to Turkey; ends on November 30.

Rome, association for the economic development of southern Italy (SVIMEZ) presents report (0815 GMT); EU Commission Executive Vice President Raffaele Fitto delivers opening address by video message; expected attendees include European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti, Parliamentary Budget Office (UPB) President Lilia Cavallari.

Rome, UniCredit CRDI.MI CEO Andrea Orcel addresses Parliamentary Committee on Italian bank mergers (1030 GMT).

Rome, Leonardo LDOF.MI holds event "Michelangelo Project, the security dome" (1600 GMT).

Rome, annual conference on Italy's birth crisis "Stati Generali della Natalità" starts (0800 GMT); ends on November 28. On Thursday expected attendees include ISTAT President Francesco Maria Chelli, welfare institute INPS President Gabriele Fava, social security agency INAIL Director Marcello Fiori, Brunello Cucinelli BCU.MI Chairman Brunello Cucinelli.

((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/