Italy - Factors to watch on Sept. 28

Racing Force SpA

28/09/2022 05:00

The following factors could affect Italian markets on Wednesday.
    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
    Italy sees its 2023 budget deficit below 5% of national
output despite a darkening economic outlook triggered by the
energy crisis, three sources close to the matter told
Reuters. urn:newsml:reuters.com:*:nL8N30Y314
    ISTAT releases September consumer and business confidence
data (0800 GMT) and July industry sales data (0900 GMT).
    DEBT
    Treasury sells 5.0 billion euros new 6-month BOT bills.
Subscriptions close at 0900 GMT.
    COMPANIES
        MFE-MEDIAFOREUROPE  MFEA.MI 
    Releases H1 results (before Bourse opening), followed by
conference call (0700 GMT).
    STELLANTIS  STLA.MI 
    Stellantis said on Tuesday it would provide financial
support worth up to 1,400 euros ($1,350) to most of its
employees in France to help them cope with surging inflation and
would soon discuss a similar move in Italy. urn:newsml:reuters.com:*:nL8N30Y30W
        TELECOM ITALIA  TLIT.MI  
  
    Italian state lender CDP is readying a preliminary offer for
Telecom Italia's landline grid, it said on Tuesday, as it
presses ahead with plans to create a single broadband company
with Open Fiber after a general election on Sunday. urn:newsml:reuters.com:*:nL8N30Y402
        SAIPEM  SPMI.MI 
  
    Italy's Saipem has won contracts in Ivory Coast worth around
1 billion euros ($958.90 million) in a move set to strengthen
its position in the West African region, the energy services
group said in a statement on Tuesday. urn:newsml:reuters.com:*:nL8N30Y54D
    RACING FORCE  RFG.MI 
    Debuts on Euronext Growth Paris on Wednesday.
    DIARY
    Assogestioni releases August fund flows data (0900 GMT).
        Rome, banking trade unions UILCA continues 7th congress;
ends on Sept. 29. On Wednesday expected attendees include
UniCredit  CRDI.MI  CEO Andrea Orcel (0730 GMT); Unipol
 UNPI.MI  Group General Manager Roberto Giay (0800 GMT); banking
association ABI President Antonio Patuelli (0900 GMT); Banco BPM
 BAMI.MI  CEO Giuseppe Castagna (0930 GMT); Assicurazioni
Generali  GASI.MI  Italian Country Manager and CEO Giancarlo
Fancel (1000 GMT); trade union UIL Secretary General PierPaolo
Bombardieri, Intesa Sanpaolo  ISP.MI  CEO Carlo Messina (1330
GMT); BNL CEO Elena Coitini, Deutsche Bank Italia unit CEO
Roberto Parazzini (1530 GMT). 
  
    Rome, banking association ABI starts "Bancassicurazione,
ensuring a sustainable future" (0700 GMT); ends on Sept. 29. On
Wednesday expected attendees include ABI Vice Director General
Gianfranco Torriero, insurers association ANIA Director General
Dario Focarelli, market regulator CONSOB Vice Director General
Tiziana Togna (0700 GMT); round-table discussion with Net
Insurance  NETI.MI  CEO Andrea Battista, Banco Desio  DESI.MI 
CEO Alessandro Decio (0915 GMT).
    Milan, "Italian Energy Summit" starts (0700 GMT); ends on
Sept. 29. On Wednesday Energy Authority ARERA President Stefano
Besseghini gives speech on "Energy saving and sustainability:
the next challenges" (0710 GMT); expected attendees at panel
"Energy transition strategies" include Enel  ENEI.Mi  CEO
Francesco Starace,  ENI.MI  Eni CEO Claudio Descalzi, Snam
 SRG.MI  CEO Stefano Venier, Terna  TRN.MI  CEO Stefano
Donnarumma, Prysmian  PRY.MI  Group CEO Valerio Battista, ERG
 ERG.MI  CEO Paolo Merli, Italgas  IG.MI  CEO Paolo Gallo, A2A
 A2.MI  CEO Renato Mazzoncini, Iren  IREE.MI  Chairman Luca Dal
Fabbro, Edison  EDNn.MI  CEO Nicola Monti, Maire Tecnimont
 MTCM.MI  Chairman Fabrizio Di Amato, Ansaldo Energia CEO
Giuseppe Marino, Trans Adriatic Pipeline (TAP) Managing Director
and Italy Country Manager Luca Schieppati, Engie  ENGIE.PA 
Italian unit CEO Monica Iacono (0730 GMT); at panel "Energy
transition and sustainability: the risk of a cold war" EU
Economy Commissioner Cabinet Chief Marco Buti (1345 GMT).
    Milan, Banca Generali  BGN.MI  holds news conference "EDUFIN
3.0, innovation and sustainability in financial education" (0845
GMT).
    Milan, OTB Group holds news conference to present first
sustainability report with Chairman Renzo Rosso, CEO Ubaldo
Minelli, Chief Sustainability Officer Sara Mariani (0730 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/