Italy - Factors to watch on March 26

Terna Rete Elettrica Nazionale SpA

26/03/2026 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's beleaguered Tourism Minister Daniela Santanche resigned on Wednesday, belatedly obeying a call to go from Prime Minister Giorgia Meloni who is trying to reset her government after a bruising referendum defeat.

ECONOMY

ISTAT releases March consumer and business confidence data (0900 GMT).

(*) The rise in energy prices due to the crisis in the Middle East "increases uncertainty about growth prospects, with more pronounced downside risks in the event of a continuation and worsening of the conflict", the Treasury said late on Wednesday.

DEBT

Treasury sells 7.5 billion euros 6-month BOT bills. Subscriptions close at 1000 GMT.

Italy's Treasury said on Wednesday it would offer new 3-, 5-, 7- and 10-year BTP bonds in the second quarter of the year.

COMPANIES

MONTE DEI PASCHI DI SIENA (MPS) BMPS.MI

Italy's third-largest bank said on Wednesday its directors had decided to strip Chief Executive Luigi Lovaglio of his powers, after he bid for a new term at the helm challenging a decision by the board to rule him out.

ENERGY

Italy hopes to receive more gas from Algeria after agreeing to strengthen energy cooperation with the north African nation, Italian Prime Minister Giorgia Meloni said on a visit to Algiers.

UNICREDIT CRDI.MI

Governance firm Institutional Shareholder Services (ISS) has advised the bank's shareholders to vote against the Italian bank's 2025 remuneration report at its March 31 general meeting, a document seen by Reuters showed.

(*) STELLANTIS STLAM.MI

The Franco-Italian automaker has been forced to scale down production in some of its European plants, especially in France, due to supply shortages of gearboxes for mild hybrid models, MF newspaper reported on Thursday, citing sources close to the matter. It said the historic Peugeot factory in Sochaux had lost production of more than 10,000 cars in March.

(*) LEONARDO LDOF.MI

Deutsche Bank of Wednesday raised the rating on the defence and aerospace group from 'hold' to 'buy' and raised the target price to 70 euros from 57 euros.

(*) MFE-MEDIAFOREUROPE MFEB.MI

German broadcaster ProSiebenSat.1 PSMGn.DE, controlled by MFE, reported a 28% fall in its adjusted 2025 core profit on Thursday, as it continues to struggle with low advertising revenues and uncertainty in its home market of Germany.

NEXI NEXII.MI

The Italian payments company said on Wednesday its board had appointed Bernardo Mingrone as CEO and General Manager, succeeding Paolo Bertoluzzo. Mingrone was previously deputy general manager and CEO of the Nexi Payments unit.

TERNA TRN.MI

(*) RBC on Thursday cut its rating of the country's power grid operator to 'sector perform'.

The group releases on Thursday its full-year results, followed by a conference call.

FINCANTIERI FCT.MI

The state-controlled company is scouting the market for M&A deals aimed at speeding up its expansion in the fast growing underwater business, the head of the Italian shipbuilder said on Wednesday.

It reported a more than fourfold jump in its annual profit to 117 million euros ($136 million), boosted by the underwater sector that saw 88% revenue growth.

DIARY

Rome, cabinet meeting expected.

        ((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/