Italy - Factors to watch on Feb. 20
20/02/2025 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 .
POLITICS
Italy is aiming to develop its own low-orbit satellites for
government communications, its industry minister said on
Wednesday, presenting it as an alternative to systems provided
by U.S. billionaire Elon Musk.
DEBT
Orders for Italy's new retail-only 'BTP Plus' bond have
reached 12 billion euros ($12.49 billion), Milan bourse data
showed on Wednesday.
Treasury continues offer of eight-year 'BTP Piu' bonds [BTP
Valore family] dedicated to retail investors with the
possibility of early repayment of the principal; ends on Feb.
21, subject to early closure.
Treasury announces sale of BTP Short and BTPei bonds, with
relative amounts to be auctioned on Feb. 25.
COMPANIES
BANCO BPM BAMI.MI , ANIMA ANIM.MI
Leading governance adviser Glass Lewis on Wednesday said it
recommended shareholders in Banco BPM vote to sweeten the bank's
bid to buy fund manager Anima Holding. It also recommended
giving the board power to waive some of the conditions the bid
is subject to.
MEDIOBANCA MDBI.MI , MONTE DEI PASCHI (MPS) BMPS.MI
Members of the consultation agreement between Italian
shareholders in Mediobanca have rejected MPS' takeover bid,
Mediobanca said in a statement. The share of capital represented
by the agreement has risen to around 11.9% after Italian
businessmen Federico Falck and Alberto Aspesi joined it
BPER EMII.MI -BANCA POPOLARE DI SONDRIO BPSI.MI
The potential integration between the two Italian lenders
could be lengthy, despite clear rationale, rating agency Fitch
said on Wednesday.
JUVENTUS JUVE.MI
Cryptocurrency firm Tether held a 5.015% stake of voting
rights in the Italian Serie A soccer club as of February 10,
market watchdog Consob said in a filing on Wednesday.
IREN IREE.MI
Public shareholders in the Italian regional utility said
they want to confirm the top management for another term ahead
of the annual general meeting vote in April on the renewal of
the board, according to a statement on Wednesday.
ENEL ENEI.MI
The Italian utility and its subsidiary Enel Finance
International N.V. (EFI) have signed a 12 billion-euro
committed, revolving, sustainability-linked credit facility
maturing in five years, a statement said on Wednesday.
A2A A2.MI
FY preliminary results releases.
TENARIS TENR.MI
Conference call on Q4 results (1300 GMT).
LEONARDO LDOF.MI
FY preliminary results releases, followed by conference call
(1630 GMT).
DIARY
Bank of Italy Deputy Governor Paolo Angelini gives speech at
the closing session of 4th seminar Fisher Committee on Central
Bank Statistics (IFC) by Bank for International Settlements
(BIS) "Data science in Central Banking".
Rome, 19th Meeting of the Parliamentary Assembly for the
Mediterranean (PAM) starts; ends on Feb. 21. On Thursday opening
session (0900 GMT) with messages from U.N. Secretary General
Antonio Guterres, Vatican Secretary for Relations with States
and International Organisations Paul Gallagher; expected
attendees include Foreign Minister Antonio Tajani; EU
Commissioner for the Mediterranean Dubravka Suica, U.N. Food and
Agriculture Organization (FAO) Vice Director General Maurizio
Martina.
Rome, Industry Minister Adolfo Urso attends event "A wave of
innovation" (1100 GMT).
Rome, Industry Minister Adolfo Urso attends event "The
future passes from generation to generation" (1600 GMT).
Rome, Bank of Italy Governor Fabio Panetta delivers opening
address at presentation of "2023-2024 Subsidiarity Report" (1000
GMT).
Rome, business lobby Confindustria launches the IEA report
"The path towards a new era for nuclear energy" (0800 GMT);
expected attendees include Environment and Energy Security
Minister Gilberto Pichetto Fratin, International Energy Agency
Executive Director Fatih Birol, Edison EDNn.MI CEO Nicola
Monti.
((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/