Italy - Factors to watch on June 9

Visibilia Editore SpA

09/06/2023 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
    Italy sought last-minute changes on Thursday to a tentative
EU agreement on sharing out responsibility for looking after
migrants and refugees, pushing for a cut in the number of people
each country would take on.
    
    ECONOMY
    ISTAT releases April industrial output data (0800 GMT).
    
    DEBT
    The Italian Treasury has raised 17.1 billion euros in the
first four days of the offer of its new 'BTP Valore' bond
dedicated to retail investors, bourse data showed on Thursday. 
    The BTP Valore offer ends on Friday at 1100 GMT. 
    Treasury to sell 6.5 billion euros 12-month BOT bills.
Subscriptions close at 0900 GMT.
    The Treasury said on Thursday it would sell up to 7.5
billion euros in BTP bonds at a June 13 auction. 

    COMPANIES
    TELECOM ITALIA (TIM)  TLIT.MI  
    U.S. fund KKR  KKR.N  and a rival consortium comprising
state lender CDP and Australian fund Macquarie  MQG.AX  are
readying to submit slightly improved bids for TIM's network
ahead of a June 9 deadline, sources said.
    
    LEONARDO  LDOF.MI 
    The Italian defence group said on Thursday it signed a deal
with Azerbaijan for the supply of C-27J military transport
plane, without giving details about the contract.  
    
    ENI  ENI.MI  
    Eni and oil and gas operator KazMunayGas (KMG) will work
together to build Kazakhstan's first hybrid renewables-gas power
plant, the Italian energy group said on Thursday following a
meeting with the Kazakh president in Astana.       
    
    EUROVITA (not listed)
    Italian authorities may extend beyond the current June 30
deadline a temporary halt to the early redemption of ailing life
insurer Eurovita's products, a consumer association said after a
meeting with the company's special administrator.
    
    FINLOGIC  FNL.MI 
    Argo SpA ends full voluntary takeover bid on Finlogic
ordinary shares.
    
    VISIBILIA EDITORE  VE.MI 
    Ends capital increase.
    
    DIARY
    Milan, market regulator CONSOB holds annual meeting with
financial market (0900 GMT); expected attendees include Bank of
Italy Governor Ignazio Visco, Economy Undersecretary Federico
Freni.
    Milan, Algebris Investments holds round-table discussion
"Italian and European Banking System: Challenges and
Opportunities" (0830 GMT); expected attendees include ECB board
member Andrea Enria (1030 GMT).
    Rome, Industry Minister Adolfo Urso's programme on Friday:
    * gives speech at Business Ethics Summit organised by
Pontifical Academy of Sciences (0700 GMT);
    * gives speech at 'Italian Wine Union' (0830 GMT);
    * attending inauguration ceremony of "Frecciarossa Red in
Italy" (1000 GMT);
    * gives speech via videoconference at forum 'Elle getting
Greener' (1300 GMT).
    Manduria, 'Forum in Masseria' "Italy to come. Perspectives
and actions to be implemented to build the Country of the
future" continues; ends on June 11. On Friday expected attendees
include Agriculture Minister Francesco Lollobrigida, farming
association Confagricoltura President Massimilano Giansanti
(1300 GMT); Health Minister Orazio Schillaci, Novartis  NOVN.S 
Italian Country President Valentino Confalone, insurers'
association ANIA President Maria Bianca Farina (1430 GMT);
Defence Minister Guido Crosetto, National Cybersecurity Agency
Vice Director Nunzia Nardi (1600 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/ 


($1 = 0.9277 euros)