Italy - Factors to watch on June 28
28/06/2022 07:51
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 .
ECONOMY
ISTAT releases April industry sales data (0800 GMT).
Greece has been in talks with Italy to see whether it can
store gas in the neighbouring country as part of efforts to
secure supplies if Russian flows are disrupted, Greece's energy
regulator said on Monday. urn:newsml:reuters.com:*:nL8N2YE438
(*) G7 leaders have agreed to study potential price caps on
Russian oil and gas in a bid to limit Moscow's ability to fund
its invasion of Ukraine, G7 officials said on Tuesday.
urn:newsml:reuters.com:*:nB5N2G102P
(*) The governor of the Bank of Italy could leave his post
in October, a year ahead of schedule, paving the way for the
appointment of a successor before a general election due in the
first half of next year, newspaper Il Foglio reported on
Tuesday. urn:newsml:reuters.com:*:nL8N2YF17A
DEBT
Italy's Treasury said it would offer a new 5-yr bond,
maturing December 1, 2027, with a total minimum final
outstanding amount of 10 billion euros. The Treasury sees
medium- and long-term gross issuances for some 150 billion euros
in second half of the year. urn:newsml:reuters.com:*:nS8N2XA004
COMPANIES
MEDIOBANCA MDBI.MI , ASSICURAZIONI GENERALI GASI.MI
Leonardo Del Vecchio leaves a business empire worth 27
billion euros, ranging from the eyewear company that was his
life's work to the stake in merchant bank Mediobanca he built in
his 80s. The Italian tycoon, who died aged 87 on Monday, was
Italy's second-richest man, according to Forbes. His departure
raises questions about the future of the various businesses in
which his Delfin holding company was a leading investor.
urn:newsml:reuters.com:*:nL8N2YE2V0 urn:newsml:reuters.com:*:nL8N2YE1J3 urn:newsml:reuters.com:*:nL8N2YE1OV
TELECOM ITALIA (TIM) TLIT.MI
The Treasury is set to guarantee a 2-billion euro bank
credit line for the Italian phone group, three sources close to
the matter said on Monday, in a boost to TIM's turnaround
efforts. urn:newsml:reuters.com:*:nL8N2YE29U
Savings shareholders' meeting (1300 GMT).
SAIPEM SPMI.MI
On Monday, the first day of its capital increase, the energy
services group's share price post-rights issue jumped 44% to
1.7985 euros, while the value of the capital hike rights
SPMI_r.MI fell 26% to 16.52 euros. urn:newsml:reuters.com:*:nS8N2XA005
(*) The group said on Monday it was awarded several
contracts, both onshore and offshore, in the Middle East,
overall worth some $1.25 billion. urn:newsml:reuters.com:*:nFWN2YE0WU
(*) STELLANTIS STLA.MI
The carmaker plans to start the conversion of its engine and
gearboxes plant in Termoli, in Southern Italy, into the group's
third battery producing facility in Europe in 2024, Italian
unions said on Monday. urn:newsml:reuters.com:*:nL8N2YE4OW
(*) BANCA MONTE DEI PASCHI BMPS.MI
In the coming days and at the beginning of next week, Chief
Executive Luigi Lovaglio will meet asset managers and insurance
executives, between Milan and London, ahead of the bank's
roadshow, to gather consensus around the lender's capital hike,
Corriere della Sera reported on Tuesday.
(*) UNICREDIT CRDI.MI
The bank said on Monday that as of June 24 it had purchased
95.5 million shares, or 4.37% of its share capital, for a total
consideration of 964.8 million euros, as part of its share
buy-back programme. urn:newsml:reuters.com:*:nFWN2YE0OF
ENI ENI.MI
The oil giant said that request of gas supply from Russia
was partially confirmed for Tuesday. urn:newsml:reuters.com:*:nS8N2WV077
OVS OVS.MI
The clothing retailer said it had signed a letter of intent
to buy 100% of department store Coin. A deal is expected by the
end of November. urn:newsml:reuters.com:*:nBIA5ZRggr
(*) IPO - DE NORA IPO-DENR.MI
Italy's Industrie De Nora said on Tuesday it had set a price
of 13.50 euros per shares for its initial public offering (IPO),
valuing the electrode maker a total of 2.723 billion euros
($2.88 billion). urn:newsml:reuters.com:*:nL8N2YF138
DIARY
EY Italy holds "How will our ways of living and working
change?" with CEO EY Italian unit Massimo Antonelli, Labor
Minister Andrea Orlando, Enel ENEI.MI CEO Francesco Starace
(1000 GMT).
Rome, Atlantia ATL.MI Chairman and ISPI President
Giampiero Massolo informally speaks before Senate Foreign
Committee (1030 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/