Italy - Factors to watch on July 6

Saras SpA

06/07/2023 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 .
    
    COMPANIES
    STELLANTIS  STLAM.MI  
    CEO Carlos Tavares said on Wednesday that Beijing's decision
to restrict exports of two metals widely used in semiconductors
and electric vehicles should not push Western companies to
accelerate efforts to reduce their exposure to China.
    
    SARAS  SRS.MI  
    The global commodities trader Trafigura has further raised
its stake in the Italian oil refiner to 13.52% from 12.46%
disclosed in May, an internal dealing statement showed on
Wednesday.
    
    DE NORA  DNR.MI  
    ThyssenKrupp  TKAG.DE  and Industrie De Nora said on
Wednesday the initial public offering (IPO) of their joint
venture Nucera was priced at 20 euros per share, implying a
market capitalization of 2.53 billion euros ($2.75 billion).
    
    SAFILO  SFLG.MI   
    The Italian eyewear group said on Wednesday it expects
negotiations for the sale of one of its plants could be
concluded swiftly after an Italian businessman joined France's
Thelios for the deal, potentially saving all of the jobs.
    
    DIARY
    ROME - Cabinet meeting called for 6.00 p.m. Amongst the
items under discussion will be a review of the 2023 budget.
    Columbia Threadneedle Investments holds webinar "Taking the
temperature: market update and forecast for 2023 H2" (1530 GMT).
    Rome, pharmaceutical industry association Farmindustria
holds meeting "The pharmaceutical industry in Italy, a European
excellence between innovation and global challenges" (0900 GMT).
    Rome, Italian Privacy Watchdog (Garante) presents annual
report (0900 GMT).
    Milan, BPER Banca and European Investment Fund hold joint
press conference with: Stefano Vittorio Kuhn, BPER Chief Retail
& Commercial Banking Officer; Davide Vellani, BPER Business
Management & Global Transaction; Alessandro Tappi, EIF Chief
Investment Officer (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/