Italy - Factors to watch on October 8

Unieuro SpA

08/10/2024 05:00

The following factors could affect Italian markets on Tuesday.
    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
    The Italian government's 1% economic growth target for this
year will be more difficult to reach after downward revisions
made last week by national statistics bureau ISTAT, the
country's central bank said on Monday.
    
    DEBT
    The Treasury said on Monday it would sell 7.5 billion euros
of BOT bills at auction on Oct. 10.
    The Treasury on Tuesday announces sale of BTP bonds, with
relative amounts to be auctioned on Oct. 11.
    
    COMPANIES
    UNICREDIT  CRDI.MI  
    Goldman Sachs  GS.N  has derivative positions in the Italian
bank equivalent to a 6.7% stake as of Sept. 30, mostly swap and
future contracts as well as call options, a regulatory filing
showed on Monday.
    
    MONTE DEI PASCHI DI SIENA  BMPS.MI  
    Barclays  BARC.L  owns 5.312% of voting shares in the
state-controlled Tuscan lender as of Sept. 30, including 4.218%
through derivatives, a regulatory filing showed on Monday.
    
    ITALGAS  IG.MI  
    Italy's biggest gas distributor is considering some
disposals after an agreement to acquire its smaller rival 2i
Rete Gas, the company's chief executive said on Monday.
    
    UNIEURO  UNIR.MI  
    Fnac Darty  FNAC.PA  and Ruby Equity Investment said on
Monday they had reduced the minimum threshold for their takeover
bid from 90% to 66.67%. 
    
    DIARY
    Economy Minister Giancarlo Giorgetti attends ECOFIN meeting
in Luxembourg.
    Rome, Economy Minister Giancarlo Giorgetti addresses Senate
and Chamber of Deputies Budget committees on the budget plan
(1600 GMT).
    Rome, Chamber of deputies holds discussion on budget plan.
    Rome, Senate starts discussion on budget plan (1200 GMT);
ends on Oct. 10.
        Rome, Industry Minister Adolfo Urso holds news
conference to present G7 ministerial meeting 'Industry and
Technology Innovation' to be held on Oct. 10 (0930 GMT).
  
        Rome, conference on "Energy independence by 2050, the
contribution of geothermal energy" (0800 GMT); Foreign Minister
Antonio Tajani delivers introductory remarks; expected attendees
include Saipem  SPMI.MI  CEO Alessandro Puliti, Energy System
Research (RSE) CEO Franco Cotana, Enel  ENEI.MI  unit Green
Power CEO Salvatore Bernabei; Environment and Energy Security
Minister Gilberto Pichetto Fratin delivers closing address.
  
    Rome, "Cybertech Europe conference and exhibition" starts
(to Oct. 9); opening session with Leonardo  LDOF.MI  CEO Roberto
Cingolani, Cabinet Undersecretary Alfredo Mantovano (0705 GMT).
    Milan, debate on "Capital Law: a flywheel for companies"
(0700 GMT); expected attendees include Economy Undersecretary
Federico Freni, Carmine Di Noia from OECD, Laura Rinaldi from EU
Commission, Algebris CEO Davide Serra, Milan Stock Exchange CEO
Fabrizio Testa, joint stock companies association  Assonime
General Manager Stefano Firpo, EPTA Chairman and CEO Marco
Nocivelli.
    
    ((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/