Italy - Factors to watch on July 17

Moncler

17/07/2026 05:00

The following factors could affect Italian markets on Friday.

     Reuters has not verified the newspaper reports, and cannot vouch for their accuracy.      
     
POLITICS
Italy's lower house of parliament on Thursday approved a highly contested government plan to overhaul the electoral law, a move opponents denounced as an attempt to help Prime Minister Giorgia Meloni retain power in the next election due in 2027.     
     
COMPANIES  
     
MONTE DEI PASCHI DI SIENA BMPS.MI,INTESA SANPAOLO ISP.MI 
Italy's Monte dei Paschi (MPS) said on Thursday a €30.6 billion unsolicited takeover bid from larger rival Intesa Sanpaolo undervalued the bank, while highlighting concerns over proposed synergies and regulatory hurdles.
(*) The MPS board said it would also deepen its review of a separate "merger of equals" proposal received last month from Banco BPM BAMI.MI, another Italian lender.

(*) STELLANTIS STLAM.MI
Metalworkers' union Fiom-Cgil said there would be two additional days of production stoppages at the Mirafiori plant, MF reported on Friday, amid growing concerns over whether the new Fiat 500 hybrid can restore sustainable production levels there.

BRUNELLO CUCINELLI BCU.MI,MONCLER MONC.MI
Italian police have visited the headquarters of nine high-end fashion firms, demanding documents on governance and supply-chain controls as part of an investigation into alleged exploitation of workers at subcontractors, a judicial document showed.
The brands that received the orders are Brunello Cucinelli, Moncler, Chanel, Bulgari, Jacob Cohen Company spa, Etro, Stefano Ricci, Goyard Italie and Owenscorp Italia.   
None of the nine companies is under investigation, and prosecutors have not sought court-appointed administration for any of them, according to the order reviewed by Reuters.
     
ENIENI.MI 
Eni CEO Claudio Descalzi told a parliamentary committee that Europe could face high gas prices in January.

(*) JUVENTUS JUVE.MI
The football club said it signed an employment contract until June 2029 with player Mehmet Zeki Çelik; as part of the player registration, Juventus will incur in ancillary costs of € 1 million, payable during the financial year. 

         
       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/