Italy - Factors to watch on Sept. 18

Technogym

18/09/2023 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 .
    
    POLITICS
    European Commission President Ursula von der Leyen on Sunday
visited the Italian island of Lampedusa, which is struggling
with a surge in migrant arrivals, and promised a 10-point EU
action plan to help Italy deal with the situation.
    Italian Prime Minister Giorgia Meloni said the cabinet will
meet on Monday to approve tough new measures to curb illegal
immigration, including building new detention and repatriation
centres and extending to 18 months the maximum time that
migrants can be held in them.
        
    COMPANIES
    STELLANTIS  STLAM.MI 
    Unions called for a one-day strike at carmaker's Melfi plant
in southern Italy on Monday over lack of new details by the
carmaker about its future production there, UILM, FIM-CISL,
Fismic and Uglm said on Friday.
    
    MEDIOBANCA  MDBI.MI 
    Delfin, the holding company owned by the Del Vecchio family,
will present its own list of candidates for the board of 
Mediobanca at the assembly of the Italian investment bank on
Oct. 28, daily la Stampa wrote on Sunday, citing a financial
source.  
    
    FERRARI  RACE.MI 
    The Italian sportscar maker said on Sunday that its racing
division has renewed a partnership with German sports-goods
maker Puma  PUMG.DE .  
   Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday
to end Formula One leader Max Verstappen's record run of 10 wins
in a row and shatter Red Bull's dream of going through the
season unbeaten. 
    
    NEXI  NEXII.MI 
    The Italian payment group mandated Goldman Sachs and Bank of
America to find a buyer for its German 'buy now, pay later' unit
Ratepay, Il Sole 24 Ore reported on Saturday, adding that the
deal's value is expected to be between 700-800 million euros. 
    
    FINECOBANK  FBK.MI 
    The Italian bank said on Friday its board had approved the
closure of its business in Britain due to regulatory
difficulties following the country's exit from the European
Union.
    
    MFE  MFEB.MI , MONDADORI  MOED.MI , BANCA MEDIOLANUM
 BMED.MI 
    The two eldest heirs of late media mogul Silvio Berlusconi
have agreed an open-ended pact which binds them to vote together
at the family holding company's shareholder meetings, regulatory
filings showed on Friday.
    
    PIRELLI  PIRC.MI 
    The Italian tyre maker said on Saturday it would end its
official tyre supply deal with the World Rally Championship
(WRC) after the 2024 season.
    
    ENI  ENI.MI 
    Trades ex-dividend of 0.24 euro per share as 2023 first
tranche.
    
    STMICROELECTRONICS  STMMI.MI 
    Trades ex-dividend of 0.06 U.S. dollars as quarterly
dividend.
    
    PIAGGIO  PIA.MI 
    Trades ex-dividend of 0.215 euro per share as interim 2023
dividend.
    
    DIARY
    Rome, Bank of Italy Governor Ignazio Visco delivers welcome
remarks at 6th edition 'Bank of Italy-CEPR workshop on labour
market policies and institutions' (0800 GMT).
    Rome, Cabinet meeting (1030 GMT).
    Milan, conference on "Private companies and public virtue"
with Cariplo Foundation President Giovanni Azzone, Anima Holding
 ANIM.MI  Chairwoman Patrizia Grieco, Assicurazioni Generali
 GASI.MI  Chairman Andrea Sironi (1600 GMT).
    Milan, event on "Floating offshore wind: growth
opportunities for the Italian industry" (0800 GMT); Environment
and Energy Security Minister Gilberto Pichetto Fratin delivers
welcome address.
        Milan, conference on "Impact of environmental drainage
on global health"; Lombardy region Governor Attilio Fontana and
Environment and Energy Security Minister Gilberto Pichetto
Frantin via videomessage delivering welcome addresses (1230
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/