XM does not provide services to residents of the United States of America.

Italy - Factors to watch on June 18



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Italy - Factors to watch on June 18</title></head><body>

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.


COMPANIES


UNICREDIT CRDI.MI

The bank said on Monday it was "well above" MREL requirements set by the Single Resolution Board (SRB) and the Bank of Italy, with MREL eligible liabilities equal to 32.8% of risk-weighed assets (RWA) in Q1, versus a requirement of 27.3%.


FINCANTIERI FCT.MI

The shipbuilder's shares closed down 1.74% on Monday after its chairman Claudio Graziano was found dead.

(*) CEO Pierroberto Folgiero will assume some of the chairman's powers until a new chairman is appointed, the company's board decided on Monday.

(*) ENI ENI.MI

Norwegian unit Vaar Energi has extended by 12 years a long-term pact to supply natural gas to Germany's VNG, the firm said on Tuesday.


(*) RECORDATI RECI.MI

KKR KKR.N and TPG TPG.O expressed interest in Italian drugmaker Recordati, Bloomberg News said on Monday citing people familiar with the matter.


LEONARDO LDOF.MI

The defence and aerospace group's shares closed up 2.88% on Monday after announcing it had won 13 European Defence Fund (EDF) programmes in consortium with others.


BPER BANCA EMII.MI

Morningstar DBRS lifted on Monday its trend on the lender to "positive" from "stable", and confirmed its long-term issuer rating at "BBB".


(*) AZIMUT AZMT.MI

Among the possible partners for Azimut's new fintech bank are UniCredit and Spain's BBVA BBVA.MC, which is interested in entering the Italian wealth management sector, Il Sole 24 ore reported on Monday.


M&A, ITA AIRWAYS

Lufthansa LHAG.DE boosted concessions to soothe competition concerns over long-haul flights to help it win over EU regulators in its bid for a stake in Italy's ITA Airways, three people with direct knowledge of the matter said on Monday.



DIARY

Milan, Mediobanca hosts "10th Italian CEO conference" with Mediobanca CEO Alberto Nagel, UniCredit CEO Andrea Orcel, Generali Insurance unit CEO Giulio Terzariol.

Milan, conference "Credit Management Summit" with Stefano Cappiello from the Economy Ministry, Banco BPM BAMI.MI CEO Giuseppe Castagna, Gardant CEO and DG Mirko Briozzo, Intrum MD Enrico Risso (0730 GMT).

Rome, Iren IREE.MI Chairman Luca Dal Fabbro attends 9th edition of the "Aspen Institute Italia Award" award ceremony (1530 GMT).

Milan, "Milano Moda Uomo Spring/Summer 2025" fashion shows end.

Rome, builders' association ANCE holds annual meeting with ANCE President Federica Brancaccio, Labour Minister Marina Elvira Calderone, Infrastructure and Transport Minister Matteo Salvini (0830 GMT).




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/


</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.