Italy - Factors to watch on June 15
15/06/2023 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 bade farewell to four-times prime minister Silvio
Berlusconi on Wednesday at a funeral befitting the business
tycoon's colourful life, with mourners bellowing football chants
and politicians arguing over a day of national mourning.
ECONOMY
Bank of Italy releases April data on public finances, state
borrowing and debt.
COMPANIES
ENI ENI.MI
Italian energy group has intensified talks with several
investors over a potential sale of a minority stake in its
renewables and retail business Plenitude, three sources with
knowledge of the matter said on Wednesday.
TELECOM ITALIA (TIM) TLIT.MI
The phone group said on Wednesday it had elected Alessandro
Pansa, a former head of Italy's police force, as a non-executive
director in a majority vote, filling a vacant seat on the board.
SAIPEM SPMI.MI
Moody's changed on Wednesday outlook on Italian oil services
group's ratings to "positive", affirms "Ba3" rating.
ITALGAS IG.MI
Board meeting on 2023-2029 strategic plan, followed by
strategy presentation in London and on streaming (0900 GMT) and
news conference with CEO Paolo Gallo in presence only.
STELLANTIS STLAM.MI
Canada, which has been renegotiating its support for a
Stellantis-LGES electric vehicle battery plant, is confident
that the investment is good for the country and "is coming,"
Finance Minister Chrystia Freeland said on Wednesday, hinting
that a new deal may have been reached.
MFE-MEDIAFOREUROPE MFEB.MI
In a speech following the funeral on Wednesday of company
founder Silvio Berlusconi, his son and CEO Pier Silvio
Berlusconi said the Italian media company must return to being
"full of energy and strength".
OVS OVS.MI
Conference call on Q1 results (1300 GMT)
DIARY
Rome, Prime Minister Giorgia Meloni receives Maltese Prime
Minister Robert Abela (afternoon); followed by joint statements.
Rome, banking association ABI Director General Giovanni
Sabatini speak before Senate Finance and Treasury Committee on
measures to support capital competitiveness (1230 GMT).
Rome, Cabinet meeting (1600 GMT).
Rome, Bank of Italy, ECB and World Bank start workshop
"Trade, value chains and financial linkages in the global
economy"; ends on June 16. On Thursday Bank of Italy Vice
Governor Piero Cipollone delivers opening address (0700 GMT).
Rome, Industry Minister Adolfo Urso agenda on Thursday:
* gives speech via videoconference at "Pharma&Life science
2023" event (0730 GMT);
* delivers opening address at Confcooperative meeting (0830
GMT);
* gives speech at Assica meeting (1600);
Rome, Telco for Italy 2023 event "TechCo paradigm to return
to growth" in presence and online (0730 GMT); expected attendees
include Digital360 DIGT.MI Chairman Andrea Rangone, Cabinet
Undersecretary Alessio Butti, Franco Accordino from EU
Commission delivering opening addresses; at panel "The telcos in
the ford: a new business model is needed" WindTre CEO Gianluca
Corti, Telecom Italia TLIT.MI (TIM) CEO Pietro Labriola, Iliad
Italian CEO Benedetto Levi; Diego Ciulli from Google Italy; at
panel "Roadmap, resources, simplifications: where are we?"
telecommunication association (ASSTEL) Director General Laura Di
Raimondo; at panel "The double challenge digital & green" DBA
Group DBA.MI Chairman Francesco De Bettin; Communication
Authority AGCOM Commissioner Massimiliano Capitanio; at panel
"The industrial vision: word to politics" Senate Deputy Speaker
Maurizio Gasparri.
Milan, Intesa Sanpaolo ISP.MI holds event "Intesa
Sanpaolo, the new ISYBANK and the challenges of innovation
between bank and fintech" (0900 GMT); Intesa Sanpaolo CEO Carlo
Messina delivers opening addresses (0930 GMT); expected
attendees include Intesa Sanpaolo Banca dei Territori unit head
Stefano Barrese, Google Cloud for Europe, Middle East and Africa
President Tara Brady (0930 GMT); Intesa Sanpaolo's new digital
bank Isybank presentation with Isybank CEO Antonio Valitutti
(1030 GMT); Carlo Messina is intereviewed (1045 GMT).
Milan, Foundation for Financial and Savings Education
(FEduF) holds public assembly "The right to financial education
as a factor of economic and social equity" (0930 GMT); FEduf
President Stefano Lucchini and banking association ABI President
Antonio Patuelli delivering opening addresses (0940 GMT);
Italian Bishops' Conference (CEI) President Cardinal Matteo
Zuppi attending (1000 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/