Italy - Factors to watch on Jan. 23

OLIDATA SpA

23/01/2024 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 on Monday called on
her country's wealthy citizens to buy sovereign bonds, as part
of a drive to have an increasing amount of the government's debt
in domestic hands and limit the impact of any future financial
crises.
    
    DEBT
    Italy will offer up to 5 billion euros ($5.44 billion) in
short-term and inflation-linked BTP bonds at a Jan. 25 auction,
the Treasury said on Monday.
    
    The spread between Italian and German 10-year borrowing
costs hit a seven-month low on Monday as yields fell slightly
after rising sharply the previous week.

    Treasury to announce sale of 6-month BOT bills, with
relative amounts to be auctioned on Jan. 26.
        
    ENERGY
    Wind and solar energy production hit a record last year in
Italy, as the country more than doubled its newly-installed
green source capacity, power grid operator Terna  TRN.MI  said
on Monday.
    
    COMPANIES
    ENEL  ENEI.MI  
    Italy's biggest utility said on Monday it concluded a share
buyback programme for around 26.5 million euros. It now owns
0.0992% of the total share capital.
    
    FERRAGAMO  SFER.MI  
    The luxury group said on Monday it had appointed Pierre La
Tour as its new chief financial officer, with effect from March
18.
    
    OLIDATA  OLI.MI  
    The ICT sector company presented on Monday a new industrial
plan which targeted an increase in revenues to about 126 million
euros in 2026 and growth through M&A deals. 
    The company also reported preliminary revenues rising to
around 100 million euros in 2023, from 50 million euros a year
before, and full-year preliminary core earnings (EBITDA) of
around 6 million euros, up from 1.9 million euros in 2022.

    IPO, KRUSO KAPITAL, BANCA SISTEMA  BSTA.MI  
    Banca Sistema's  BSTA.MI  unit, a collateral lender and
auctioneer for art, precious metals and cars, said on Monday it
would start trading in Milan's Euronext Growth on Jan. 24.
    It added that the initial offering price was set at 1.86
euros per share, with floating at around 15.29% of share
capital.
    
    DIARY
    Rome, Webuild  WBD.MI  CEO Pietro Salini addresses
Parliamentary Committee for the Security of the Republic
(COPASIR) (1300 GMT).
    Rome, Ryanair  RYA.I  holds press conference with Group CEO
Michael O'Leary and Italian Country Manager Mauro Bolla (0830
GMT).
        Rome, tax police academy inaugurates 2023/2024 academic
year with Economy Minister Giancarlo Giorgetti, European Affairs
and PNRR Minister Raffaele Fitto (0930 GMT).
  
    Milan, Ryanair  RYA.I  holds news conference with Group CEO
Michael O'Leary and Italian Country Manager Mauro Bolla (1300
GMT).
        Caivano, Public Administration Minister Paolo Zangrillo,
Interior Minister Matteo Piantedosi, special commissioner Fabio
Ciciliano present plans to boost the technical and operational
capacity of the municipality of Caivano (0930 GMT).
  
    Turin, Compagnia di San Paolo Foundation holds event "A
precise idea of the Foundation. Looking far to act in the
present" with President Francesco Profumo and Secretary General
Alberto Anfossi (1000 GMT); followed by news conference (1145
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/ 


($1 = 0.9186 euros)