Italy - Factors to watch on March 24

UnipolSai Assicurazioni SpA

24/03/2023 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
    Italian Prime Minister Giorgia Meloni vetoed a takeover deal
by a cloud services provider due to funding links with Russian
internet giant Yandex  YNDX.O , according to a government
document and three people familiar with the matter.
    
    ECONOMY
    A package of measures to address the issues holding back
Italy's capital markets and reinforce the role of the
200-year-old Borsa Italiana could be presented next week,
Economy Minister Giancarlo Giorgetti told parliament on
Thursday.    
    Italy is preparing a new package of measures worth around 5
billion euros ($5.5 billion) to help businesses and families
cope with costly energy bills which it plans to announce next
week, government officials said on Thursday.

    DEBT
    Italy's Treasury will sell up to 5.5 billion euros in BTP
bonds at auction on March 28, it said on Thursday. 
    On Friday, the Treasury is expected to announce the sale of
6-month BOT bills, with relative amounts to be auctioned on
March 29.
    
    COMPANIES
    UNIPOL  UNPI.MI , UNIPOLSAI  US.MI 
    Release FY results (before Bourse opening - preliminary
results released on Feb. 10), followed by conference call on
'IFRS 17&9 Guidance' (1100 GMT).
    
    MEDIOBANCA  MDBI.MI  
    The Italian financial group said on Thursday it will hold a
capital market day and present its 2023-2026 strategic plan on
May 24.
    
    DOVALUE  DOVA.MI  
    The bad loans manager said on Thursday its board confirmed
preliminary FY 2022 results announced on Feb. 23, including
revenues of 558.2 million euros, EBIDTA of 201.7 million euros
and a dividend of 0.60 euros per share, subject to shareholders'
approval.
    
        JUVENTUS  JUVE.MI 
  
        Board meeting on H1 results.
  
        
  
        BANCA MONTE DEI PASCHI DI SIENA (MPS)  BMPS.MI  
    The bank said on Thursday its chair Patrizia Grieco has
resigned, effective March 26, after accepting a new position in
another listed company. Grieco was nominated this week as the
new chair of asset manager Anima Holding  ANIM.MI .    
    
    DIARY
    Florence, conference "Fashion for Future" ends (0800 GMT);
on Friday fashion house Dolce&Gabbana CEO Alfonso Dolce (0830
GMT), Salvatore Ferragamo  SFER.MI  Chairman Leonardo Ferragamo
(0900 GMT), Italian Fashion Chamber President Carlo Capasa (0930
GMT), Italian luxury goods companies association Altagamma
Foundation Director General Stefania Lazzaroni (1000 GMT), Milan
Stock Exchange CEO Fabrizio Testa (1100 GMT), Sistema Moda
Italia (SMI) President Sergio Tamborini (1130 GMT); Industry
Minister Adolfo Urso delivers closing address (1200 GMT).
    Florence, Chambers of Commerce start conference; end on
March 25. On Friday President Sergio Mattarella at opening
session; Tuscany region Governor Eugenio Giani delivers welcome
addresses; Unioncamere President Andrea Prete presents report
(1500 GMT); expected attendees include at panel I "Digital and
sustainability: innovation frontiers for companies and public
administration" Supreme Court President Margherita Cassano,
farming association Confagricoltura President Massimiliano
Giansanti, Public Administration Minister Paolo Zangrillo; at
panel II "Companies and work: people at the heart" small
companies association Confartigianato President Marco Granelli,
trade association Confcommercio President Carlo Sangalli;
Industry Minister Adolfo Urso delivers closing address.
    
    ((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/