Italy - Factors to watch on January 28

Salvatore Ferragamo

28/01/2026 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.

POLITICS

U.S. Immigration and Customs Enforcement personnel will help protect U.S. delegations at next month's Winter Olympics in Italy, causing a political uproar in the country.

ECONOMY

ISTAT releases January consumer and business confidence data (0900 GMT).

DEBT

Treasury sells 7.5 billion euros of 6-month BOT bills. Subscriptions close at 1000 GMT.

COMPANIES

BANCA MONTE DEI PASCHI DI SIENA BMPS.MI

The Tuscan lender holds a board meeting to approve new governance rules regarding the drafting of board candidates lists.

(*) The European Central Bank opposes a proposal to delay Mediobanca's integration business plan and its planned delisting, which had been put submitted by the Tuscan bank's board to the European supervisor, Italian daily MF reported on Wednesday.

(*) ENI ENI.MI

U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, four sources familiar with the preparation said on Tuesday, a shift from a previous plan to grant individual exemptions to sanctions for companies, including the Italian major, seeking to do business in the country.

The Italian company is in talks with privately held Mercuria Group over a potential partnership in commodity trading, Bloomberg News reported on Tuesday, citing people familiar with the matter.

STELLANTIS STLAM.MI

Sales of fully electric cars surpassed those of petrol-only vehicles in the European Union for the first time in December, data from the auto industry group ACEA showed on Tuesday, even as hybrids held onto the largest overall share of the market.

(*) BPER BANCA EMII.MI, BANCA POPOLARE DI SONDRIO BPS.MI

BPER Banca said on Tuesday that the European Central Bank had granted authorisations for the merger by absorption of Banca Popolare di Sondrio.

(*) BANKS

The Italian banking sector, like its euro zone peers, shows good profitability and capitalisation, the European Central Bank's chief supervisor Claudia Buch said in an interview with Italian daily MF published on Wednesday. She added that the overall picture for non-performing loans (NPLs) is favourable, while the current geopolitical risks and higher uncertainty have yet to impact banks' balance sheets.

SALAVATORE FERRAGAMO SFER.MI

The luxury goods group on Tuesday said revenue fell 2% in the fourth quarter of 2025 at constant currencies, hit by weak demand in Europe and the Middle East, and a poor performance of its wholesale channel.

DIARY

Giancarlo Giorgetti addresses the European Parliament IMCO Committee in Brussels on Rome's candidacy to host the EUCA headquarters.

Rome, Cabinet Undersecretary Alfredo Mantovano addresses Intelligence Parliamentary Committee (COPASIR) (1315 GMT).

Rome, Chamber of Deputies holds 'Question time' session with Industry Minister Adolfo Urso (1400 GMT).

Rome, Industry Minister Adolfo Urso attends conference "Electric mobility and Italian industry: the results of 2025 survey" (1630 GMT).

Rome, "New Year's Forum 2026" starts (0845 GMT); ends on January 29. On Wednesday French European Affairs Minister Benjamin Haddad is expected to attend (1100 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/