Italy - Factors to watch on Jan. 17
17/01/2024 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
The Italian government on Tuesday approved a decree that
would allow it to later put the troubled former Ilva steel
company under special administration, officials told Reuters,
amid a clash with main shareholder ArcelorMittal MT.LU .
COMPANIES
TELECOM ITALIA TLIT.MI
The phone group's directors will meet on Thursday to discuss
drawing up a slate of candidates for shareholders to vote upon
later this year which could hand CEO Pietro Labriola a second
mandate at the helm.
ENEL ENEI.MI
Italy's biggest utility said on Tuesday it had successfully
launched a dual-tranche 1.75-billion-euro sustainability-linked
bond in the eurobond market.
UNICREDIT CRDI.MI
The bank said on Tuesday it has postponed the board approval
of its fourth quarter and full-year 2023 results to Feb. 4, from
Feb. 1. The results will be published on Feb. 5, instead of Feb.
2, it added.
ENERGY COMPANIES
Italy's constitutional court will decide whether a 2023
one-off windfall tax on energy firms is lawful, an
administrative tribunal ruled on Tuesday, in a move that could
have significant repercussions for Rome's strained public
finances.
MEDIOBANCA MDBI.MI
The bank's biggest investor Delfin has sold 0.06% of the
capital, thus leaving its stake unchanged at just under 20% to
balance the effect of the buyback started on Nov. 13.
ILLIMITY ILTY.MI
Moody's has started coverage, with long-term issuer rating
of Ba1, with stable outlook.
DIARY
Economy Minister Giancarlo Giorgetti attends "World Economic
Forum 2024" in Davos.
Milan, Bank of Italy Governor Panetta addresses the
Executive Committee of the Italian Banking Association (ABI)
(1000)
Rome, Foreign Minister Antonio Tajani holds a news
conference to present Italy's G7 presidency (1100)
Rome, Industry Minister Adolfo Urso holds meeting on Fimer
company (1000 GMT).
Rome, Industry Minister Adolfo Urso holds meeting on Saxa
Group (1400 GMT).
(*) Forli, Prime Minister Giorgia Meloni European Commission
President Ursula von der Leyen visit one of the cities hit by
last spring's floods, with press conference in the afternoon.
((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/