Italy - Factors to watch on Dec. 6
06/12/2019 05:00
The following factors could affect Italian markets on Friday.
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 October retail sales data (0900 GMT) and
monthly bulletin on the state of the economy in November (1000
GMT).
Bank of Italy releases November data on Target 2 liabilities
and European Central Bank funding to Italian banks.
DEBT
Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on Dec. 11.
COMPANIES
TELECOM ITALIA TLIT.MI
Italy's largest telecoms group (TIM) and smaller broadband
rival Open Fiber - jointly owned by utility Enel and state
lender CDP - traded blows on Thursday on how they do business,
complicating plans for a tie-up to create a single fibre
network. urn:newsml:reuters.com:*:nL8N28F426
TIM's Brazilian unit TIM Participações TIMP3.SA will
consider acquiring the mobile unit of its struggling rival OI SA
OIBR4.SA if it is put up for sale, Chief Executive Pietro
Labriola said on Thursday. urn:newsml:reuters.com:*:nL1N28F13R
ENEL ENEI.MI
Europe's largest utility exercised an optional redemption on
its hybrid bond with nominal value of one billion euros issued
in 2014, the group said on Thursday. urn:newsml:reuters.com:*:nFWN28F0ID
UBI BANCA UBI.MI
The Italian retail bank said on Thursday it was well about
the European Central Bank's SREP requirements. ECB has set a
SREP minimum requirement for UBI Banca's fully loaded CET1 ratio
at 9.25% for 2020, unchanged from the previous year, it added.
urn:newsml:reuters.com:*:nR1N2810CJ
The lender is confident to complete the planned sale of an
800 million-euro portfolio of non-performing residential
mortgages backed by the GACS state guarantee scheme by the end
of this year, Chief Executive Victor Massiah said on Thursday.
urn:newsml:reuters.com:*:nR1N2810CK
UBI Banca continues talks with potential bidders for a new
bancassurance partnership which could be be presented in the new
business plan expected in the first quarter of next year,
Massiah added.
AZIMUT AZMT.MI
The Italian asset manager said on Thursday it completed the
placement of five-year senior unsecured bonds worth 500 million
euros, adding orders amounted to around 1 billion euros.
urn:newsml:reuters.com:*:nFWN28F0GG
SABAF SABF.MI
The company said on Thursday it signed a partnership
agreement with Japanese group Paloma. urn:newsml:reuters.com:*:nFWN28F0I6
AEROPORTO DI BOLOGNA ADB.MI
The airport operator reported 712,935 passengers in October,
up 6.5 percent year on year. urn:newsml:reuters.com:*:nBIA2hJjX7
Bourse After Hours market closed.
DIARY
Rome, 5th edition Rome MED Conference continues (0800 GMT);
ends on Dec. 7. Foreign Affairs Minister Luigi Di Maio delivers
opening address. Expected attendees include Eni ENI.MI CEO
Claudio Descalzi, EU Economic Affairs Commissioner Paolo
Gentiloni, Enel ENEI.MI Chairwoman Patrizia Maria Grieco,
Fincantieri FCT.MI Chairman Giampiero Massolo.
Rome, Prime Minister Giuseppe Conte receives special
representative of the U.N. Secretary-General for Libya Ghassan
Salamè (0800 GMT) and President of the Republic of Chad Idriss
Déby (1600 GMT).
Rome, Foreign Affairs Minister Luigi Di Maio receives
Russian counterpart Sergei Lavrov (1130 GMT); followed by joint
news conference.
Rome, Transport Minister Paola De Micheli delivers closing
address at a conference on accessibility (0900 GMT).
((Milan newsroom, +39 02 6612 9507, fax +39 02 801149,
milan.newsroom@news.reuters.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/