Italy - Factors to watch on Nov. 22

Technogym

22/11/2024 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 .
    
    POLITICS
    Italy would have to arrest Israeli Prime Minister Benjamin
Netanyahu if he came to the country, Defence Minister Guido
Crosetto said on Thursday following the warrant issued
International Criminal Court (ICC).
    Italy's right-wing coalition has passed rules to change the
courts responsible for validating the detention of migrants, in
what the opposition said was a vendetta against judges who
recently blocked a plan to send asylum seekers to Albania.
     Italy is planning a crackdown on cybercrime, according to a
draft decree seen by Reuters on Thursday, after recent cases of
alleged hacking into major state and financial databases
prompted a swift response from the government.

    
    ECONOMY
    Moody's rating agency scheduled review of sovereign debt
rating on Italy.
    
    DEBT
    Treasury announces sale of 6-month BOT bills, with relative
amounts to be auctioned on Nov. 27.
    Italy's Treasury announced on Thursday it would sell up to
3.75 bln euros in short-term Btp and Inflation-linked Btp bonds
at November 26 auction.
    
    COMPANIES
    
    TELECOM ITALIA (TIM)  TLIT.MI 
    The former Italian phone monopoly said on Thursday it will
develop a new data centre near Rome as it is looking to expand
its cloud business to meet growing demand, driven partly from
artificial intelligence. TIM plans to invest 130 million euros
to upgrade its existing cloud infrastructure and build the new
facility, which will grow the company's current sixteen-strong
datacenter network across Italy.
    
    TECHNOGYM  TGYM.MI  
    Chairman Nerio Alessandri said on Friday there was a good
order trend for the final part of the year, which he expected to
close in line with the targets. Alessandri also said he did not
expect any impact from any protectionist measures by the new
U.S. administration, because the sector should not be affected.
    
    DIARY
        Industry Minister Adolfo Urso attends EY Attractiveness
Survey 2024 talk online "The Right Place. Why foreign investors
like Italy (and how it can attract more of them)" (1000 GMT).
  
        Milan, Economy Minister Giancarlo Giorgetti via
videoconference (1020 GMT) and Infrastructure and Transport
Minister Matteo Salvini (12,30) attend meeting on health.
  
    Sabaudia, Brothers of Italy party meeting on environment and
energy (0830 GMT) ends; on Friday Environment and Energy
Security Minister Gilberto Pichetto Fratin delivers closing
address (1230 GMT).
    Turin, municipalities association ANCI ends annual meeting
(0800 GMT); on Friday expected attendees include Tourism
Minister Daniela Santanche, Acea  ACE.MI  CEO Fabrizio Palermo,
Agriculture Minister Francesco Lollobrigida, Infrastructure and
Transport Minister Matteo Salvini, Commissioner for Earthquake
Repair and Reconstruction 2016-2019 Guido Castelli, Foreign
Minister Antonio Tajani, state-owned lender Cassa Depositi e
Prestiti (CDP) President Giovanni Gorno Tempini, Invitalia CEO
Bernardo Mattarella, European Affairs and National Recovery and
Resilience Plan (NRRP) Minister Raffaele Fitto, Economy Minister
Giancarlo Giorgetti; Prime Minister Giorgia Meloni has been
invited.
    
    ((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/