Italy - Factors to watch on November 7

Mfe-mediaforeurope NV

07/11/2025 05:00

The following factors could affect Italian markets on Friday.

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

Bank of Italy releases October data on Target 2 liabilities and European Central Bank funding to Italian banks.

DEBT

Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on Nov. 12.

COMPANIES

(*) STELLANTIS STLAM.MI

The carmaker terminated its supply deal with Australia's Alliance Nickel AXN.AX for battery-grade nickel and cobalt from the NiWest project, effective December 3, citing missed milestone deadlines, the miner said.

The European Union needs to be "flexible" on the 2035 deadline to stop the sale of combustion engine cars and needs safeguards against Chinese car production sites in Europe, EU Industry Commissioner Stephane Sejourne told newspaper La Stampa in an interview published on Friday.

PIRELLI PIRC.MI

The Italian tyremaker said on Thursday its operating profit remained broadly stable year-on-year in the third quarter and confirmed its outlook, weathering the impact of tariffs and foreign exchange volatility.

In a call with analysts, Executive Vice Chairman Marco Tronchetti Provera said Pirelli faced a U.S.-related March 17 deadline to solve its governance issues with its Chinese investor Sinochem 600500.SS.

BANCO BPM BAMI.MI

Italy's third-largest bank on Thursday posted a higher-than-expected quarterly profit helped by higher net fees following its recent purchase of fund manager Anima Holding, which more than offset falling income from lending.

In a call with analysts, CEO Giuseppe Castagna said the bank was not working on any M&A deals and denied ever holding talks with Credit Agricole on buying its Italian network or on any merger plans.

BANCA MONTE DEI PASCHI DI SIENA BMPS.MI

   (*) The Tuscan lender on Friday posted a surprise rise in third quarter profit and said it would present a new strategy in the first quarter of 2026 following the acquisition of peer Mediobanca MDBI.MI.

Conference call at 0800 GMT.

UNIPOL UNPI.MI

(*) The insurer said on Friday its consolidated nine-month net profit, including contributions from its investment in BPER EMII.MI, rose 48% year-on-year to 1.24 billion euros ($1.45 billion), reaping the benefits of the lender's takeover of Popolare Sondrio BPSI.MI.

Conference call (1100 GMT).

JUVENTUS FC JUVE.MI

(*) Italy's Agnelli family has no intention of selling shares in the soccer club, but is open to collaboration with other investors, family scion John Elkann told Reuters, after cryptocurrency group Tether amassed a significant stake.

The club will hold its annual and extraordinary shareholders' meetings, starting from 0900 GMT.

DIARY

Economy Minister Giancarlo Giorgetti attends "G20 Joint Finance and Health Ministerial Meeting" via videoconference (0900 GMT).

Rome, Prime Minister Giorgia Meloni meets Palestinian President Mahmoud Abbas (1400 GMT).

Rome, 'National conference on addictions' starts; ends on November 9. On Friday expected attendees include President Sergio Mattarella; Prime Minister Giorgia Meloni delivers closing address at opening session; at afternoon panel Cabinet Undersecretary Alberto Barachini, MFE-MediaForEurope MFEB.MI Group Board Advisor Gina Nieri, state broadcaster RAI CEO Giampaolo Rossi.

Milan, event "Lombardy at the Heart of the Olympic Challenge" (0900 GMT); expected attendees include Infrastructure and Transport Minister Matteo Salvini (videolink), Economy Minister Giancarlo Giorgetti, FNM FNMI.MI Chairman Andrea Gibelli, A2A A2.MI CEO Renato Mazzoncini, Italian airlines ITA Chairman Sandro Pappalardo, Pirelli PIRC.MI Group Executive Vice Chairman Marco Tronchetti Provera, Telecom Italia (TIM) TLIT.MI Chairman Alberta Figari, Enel ENEI.MI Chairman Paolo Scaroni, Eni ENI.MI Chairman Giuseppe Zafarana.

((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/