Italy - Factors to watch on September 30

Mfe-mediaforeurope NV

30/09/2025 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

Italian Prime Minister Giorgia Meloni's candidate scored a victory in the central region of Marche, vote projections showed on Monday, offering a fresh boost to her nearly three-year-old right-wing government.

ECONOMY

Italy sees this year's budget deficit at 3% of national output (GDP) or slighty below, people familiar with the matter told Reuters on Monday, as the government finalises the new multi-year budget plan to be unveiled this week.

Italy and Bahrain said on Monday they had signed a memorandum of understanding aimed at enhancing investments and trade worth over one billion euros ($1.2 billion), according to a joint statement between the two nations.

ISTAT releases August producer prices data (0800 GMT); September CPI flash data (0900 GMT); July industry sales data (1000 GMT).

COMPANIES

INTESA SANPAOLO ISP.MI

Italy biggest bank's asset management business has reached a reasonable size, the head of the Italian bank's wealth management division said on Monday, when asked about potential interest in a tie-up with rival Generali Investments Holding.

(*) MEDIOBANCA MDBI.MI, MONTE DEI PASCHI BMPS.MI

Top managers from Mediobanca will travel to Siena on Tuesday for their first meeting with the top ranks of Monte dei Paschi. Meanwhile the selection process to name Mediobanca's new CEO continues ahead of a board meeting on Friday to pick members for  Mediobanca board, up for renewal at the end of October.

     MPS has increased its stake in Mediobanca to 86.3%, with the Tuscan bank's share capital now up to 17,978 billion euros, from a previous 15 billion, following the takeover bid, an MPS statement on Monday said.

STELLANTIS STLAM.MI

The Franco-Italian carmaker named its second chief financial officer in less than a year, as CEO Antonio Filosa on Monday promoted the current finance chief of the North America region with whom he has worked closely for 15 years.

PIRELLI PIRC.MI

Italy's government is working with the tyremaker and its investors to keep the company competitive in all its markets, the prime minister's office said on Monday, as it seeks to resolve a governance feud that has weighed on the company in recent years.

The statement came after Rome determined that Chinese state-backed group Sinochem 600500.SS, Pirelli's largest shareholder did not violate "golden power" measures the government imposed in 2023.

SAIPEM SPMI.MI

TotalEnergies TTEF.PA will restart its LNG project in Mozambique in 2029, CEO Patrick Pouyanne said on Monday, adding that he expected force majeure to lift in Mozambique very quickly. The Italian oil servicer acts as contractor on the Mozambique LNG project.

(*) SAIPEM SPMI.MI, FINCANTIERI FCT.MI

Fincantieri's acquisition of Sonsub, Saipem's submarine  drone division, will go ahead, but it will have to wait for the completion of the merger between Saipem and Norway's Subsea7, including the planned dual listing on the Oslo market, MF wrote on Tuesday citing sources.

RAI WAY RWAY.MI

Talks on a potential merger between Italian broadcasting tower operators Rai Way and EI Towers were extended by six months, the shareholders of the two companies - the public broadcaster RAI, the Italian infrastructure fund F2i and MFE-MediaForEurope MFEB.MI - agreed on Monday.

(*) SS LAZIO LAZI.MI

The club overcame Genoa with a 3-0 win at the Stadio Luigi Ferraris on Monday.

DIARY

Rome, European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti addresses Senate to provide updates on amendments to the NRRP (1430 GMT).

Rome, World travel & tourism council 25th Global Summit ends; on Tuesday expected attendees include Economy Minister Giancarlo Giorgetti.

Rome, Observatory on Tax Revenues and Welfare Funding holds 12th edition "Who Really Pays Taxes in Italy? Are We Truly a Country Oppressed by the Tax System?" (12,45); expected attendees include Foreign Minister Antonio Tajani, Deputy Economy Minister Maurizio Leo.

Rome, Ryanair Group RYA.I holds news conference with CEO Michael O'Leary (1215 GMT).

Milan, Infrastructure and Transport Minister Matteo Salvini attends event to present the "Olympic and Paralympic Village for the Milan-Cortina 2026 Winter Games" (0900 GMT).

((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/