Italy - Factors to watch on March 27

Sogefi SpA

27/03/2023 05:00

The following factors could affect Italian markets on Monday.
    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
    ECB releases February data on Italian banks domestic
government bond holdings (0800 GMT).
    
    DEBT
    Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on March 30.
    
    COMPANIES
    UNICREDIT  CRDI.MI 
    The bank is leaning towards repaying a perpetual bond at the
earliest opportunity in June, a source close to the matter told
Reuters, a move that would show it has ample capital and help
keep funding costs in check as markets reel from a crisis of
confidence.
    Norway's $1.3 trillion sovereign wealth fund, one of the
world's largest investors, will vote in favour of the UniCredit
remuneration package, it said on Sunday.
    
    UNICREDIT, POSTE ITALIANE  PST.MI 
    The Italian bank and the national post office have signalled
to the economy ministry they are ready to restart buying
existing tax credits linked to green building incentive schemes
now halted by the government, la Repubblica reported on
Saturday.
    
    MONTE DEI PASCHI DI SIENA  BMPS.MI 
    Italy's Treasury said it would confirm Luigi Lovaglio as
chief executive of Monte dei Paschi di Siena, keeping the
veteran banker in charge of the bank as turmoil rocks the
industry.
    
    JUVENTUS  JUVE.MI 
    The top flight Italian soccer club said on Friday its net
loss shrank to 29.5 million euros ($31.7 million) in the first
half of its 2022-23 fiscal year as the negative effects of the
COVID-19 pandemic faded.
    A preliminary hearing starts at a court in Turin to decide
on the indictment requests prosecutors presented for former
Juventus Chairman Andrea Agnelli, 11 other people and the club
itself for alleged falsification of financial statements in the
last three financial years. 
    
    AUTOMOTIVE
    The European Union and Germany have reached a deal on the
future use of combustion engines, officials said on Saturday, an
issue that has been closely followed by the auto industry.
    
    DIASORIN  DIAS.MI 
    Board meeting on FY results.
    
    
    ((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/