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Italy - Factors to watch on Jan. 13

ReutersJan 13, 2025 7:16 AM

The following factors could affect Italian markets on Monday.

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 Foreign Minister Antonio Tajani said on Friday that he had called for a moratorium on EU sanctions on Syria for six months or one year, but that a final decision could only come from the entire bloc.

Iranian businessman Mohammad Abedini, who had been detained in Italy on a U.S. warrant, on Sunday left jail and returned to Iran after Rome's justice minister filed to revoke his arrest.

ECONOMY

OECD releases December composite leading indicator data (1100 GMT).

Bank of Italy releases November data on Italian residents deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.

DEBT

Treasury sells 2.5-2.75 billion euros 2.70% BTP bonds due Oct. 15, 2027 and 2.75-3.0 billion euros 3.15% due Nov. 15, 2031. Subscriptions close at 1000 GMT.

COMPANIES

BANCO BPM BAMI.MI, ANIMA ANIM.MI

Italy's third-largest bank is planning to update its industrial plan before the end of March, targeting higher profits and increasing shareholder remuneration, Corriere della Sera daily reported on Saturday. The bank may also raise its buyout offer for fund manager Anima, the report added.

UNICREDIT CRDI.MI

Representatives from the bank met in recent days with government officials to discuss the government's use of golden power legislation with regards to the bank's bid for Banco BPM, daily La Stampa reported on Saturday, adding that Rome could ask for no job cuts or branch closures in return for its approval of the deal.

ILLIMITY ILTY.MI

The Italian specialty lender said on Friday that the bid launched by rival Banca Ifis IF.MI had not been "solicited or previously agreed".

GENERALI GASI.MI

The mooted asset management tie-up with France's Natixis should have a 50-50 governance set up, with a new entity that would be led initially by the CEO of Generali Investments, Woody Bradford, Il Sole 24 Ore reported on Saturday.

STELLANTIS STLAM.MI

The automaker achieved its goal of cutting U.S. inventories by more than 100,000 vehicles by the end of last year, its chief for North America, Antonio Filosa, said at the Detroit Auto Show on Friday.

LEONARDO LDOF.MI

The family of Thai businessman Vichai Srivaddhanaprabha, who died in the crash of a Leonardo-made helicopter in 2018, is suing the Italian defence group before a London court for 2.15 billion pounds ($2.65 billion).

(*) SNAM SRG.MI

The company will invest 12 billion euros over the new strategic plan, which will be presented on Jan. 22, Corriere della Sera's l'Economia supplement reported on Monday.

(*) ERG ERG.MI

The renewable energy group and France's Engie ENGIE.PA signed a 5-year power-purchase agreement for the supply of 44 GWH per year of energy generated by ERG's wind farms in Italy, the two companies said in a statement on Monday.

M&A, VERSACE

Italy's Prada 1913.F, 1913.HK is among the potential suitors for fashion group Versace, which has been put up for sale by Capri Holdings CPRI.N, and has been working with Citi to evaluate any bid, a person with knowledge of the matter said on Friday.

BRUNELLO CUCINELLI BCU.MI

Board meeting on FY preliminary results.

JUVENTUS JUVE.MI

Juventus were held to a 1-1 draw at Torino in Serie A on Saturday after Nikola Vlasic cancelled out Juve's early opener by Kenan Yildiz

LAZIO LAZI.MI

The Roman club had its third game in a row without a win on Friday, as it drew 1-1 at home with lowly Como.

UCAPITAL24 U24.MI

Starts capital increase; ends on Jan. 27.

((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/

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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