Italy - Factors to watch on Jan. 18

Rai Way SpA

18/01/2024 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 .
    
    ECONOMY
    Bank of Italy releases November data on foreign investors'
holdings of Italian government bonds.
    
    Competition for liquidity among euro zone banks will
increase and lenders cannot expect to be able to all boost
deposits at once as their funding plans indicate, European
Central Bank governing council member Fabio Panetta said on
Wednesday.
    
    COMPANIES   
    TELECOM ITALIA (TIM)  TLIT.MI 
        Board meeting.
  
    
    WEBUILD  WBD.MI  
    Italy's largest construction company has won a $4.7 billion
contract to build three dams in Saudi Arabia's high-tech NEOM
development, it said on Wednesday. 
    
    LOTTOMATICA  LTMC.MI 
    Majority shareholder Gamma Intermediate has started selling
16 million shares, or a 6.4% stake, in the Italian gaming group,
Lottomatica said on Wednesday.
    The sale is being conducted via an accelerated book building
process, where the managers of the offering take bids from
investors to eventually determine the price of the sale.
    
    DANIELI  DANI.MI 
     The Italian government has reached a deal with domestic
machine-maker Danieli and Ukraine's Metinvest to relaunch the
Piombino steel-making site in Tuscany, the industry ministry
said in a statement on Wednesday.
    
    RAI WAY  RWAY.MI 
    Italian state broadcaster RAI's board of directors will meet
on Thursday to review a potential stake sale of up to 15% in its
Milan-listed tower unit Rai Way, people familiar with the matter
told Reuters. The potential move, aimed at funding part of RAI's
three year business plan, has triggered criticism from a group
of minority investors in Rai Way, a letter seen by Reuters
showed earlier this month.
    
    ENERGY
    Natural gas consumption in Italy last year dropped to its
lowest since 2015, the operator of power exchange GME said on
Wednesday.
    Consumption was equal to 63 billion cubic metres (bcm), down
8.4% from 2022 when fuel demand in the country had already
reported an annual decline, the GME said.
    
    DIARY
    Economy Minister Giancarlo Giorgetti attends "World Economic
Forum 2024" in Davos.
        Rome and Vatican City, Kazakh President Kassym-Jomart
Tokayev starts official visit; ends on Jan. 19.
  
        Rome, round-table discussion Italy-Kazakhstan; Foreign
Minister Antonio Tajani and Kazakhstan President Kassym-Jomart
Tokayev deliver opening addresses (1530 GMT); signing ceremony
of bilateral trade agreements.
  
        Rome, Chamber of Deputies Foreign Affairs and
Constitutional Affairs committees meets on ratification and
execution of the protocol between the Government of Italy and
the Council of Ministers of Albania on strengthening cooperation
in migration matters (1215 GMT).
  
        Rome, Chamber of Deputies Environment and Productive
Activities committees meet on law decree regarding urgent
measures for the country's energy security and the promotion of
renewable energy (1230 GMT).
  
        Rome, Senate holds question time session (1500); Foreign
Minister Antonio Tajani speaks about the Red Sea shipping
crisis.
  
        Rome, government policymakers meet on the situation of
steelmaker Acciaierie d'Italia (ex-Ilva) (1400 GMT).
  
    Rome, Industry Minister holds meeting on Sideralloys company
(0900 GMT).
        Rome, conference "The future of social protection and
the welfare state in the EU. A Focus on Italy"; expected
attendees include CISL trade union Secretary General Luigi
Sbarra, Labour Minister Maria Elvira Calderone (0900 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/