Italy - Factors to watch on Nov. 19
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.
POLITICS
Italian Prime Minister Giorgia Meloni suffered a rare electoral setback on Monday when her conservative coalition lost control of one region and lost ground in another that was already a centre-left stronghold.
ECONOMY
Bank of Italy releases September data on foreign investors holdings of Italian government bonds.
COMPANIES
STELLANTIS STLAM.MI
CEO Carlos Tavares said on Monday that there was still work to be done on improving capacity utilisation in Europe, speaking to reporters during a visit to one of the automakers' factories in France. He added that the succession process for his CEO job would begin by the end of the year and last throughout 2025.
(*) The group will adapt to changes in the U.S. car market expected under a Trump government, with a platform that can offer electric, hybrid or gasoline versions of its models, Tavares also said.
TERNA TRN.MI
The Italian power grid operator said on Monday it had completed the third closing for the sale of its South American power transmission activities to the global investment group CDPQ, for an equity value of about 79 million euros.
(*) ENERGY
A draft law which will set out rules for production of nuclear energy in Italy and allow the construction of advanced nuclear reactors will be presented in mid-December and examined by parliament in January, Il Giornale reported on Tuesday. Energy groups Enel ENEI.MI and Ansaldo and defence group Leonardo LDOF.MI have already expressed interest in setting up a state-backed company to build nuclear reactors in Italy.
(*) TAMBURI INVESTMENT PARTNERS TIP.MI
The investment group hopes to list tour operator Alpitour in 2025, President Giovanni Tamburi told Il Sole 24 Ore in an interview published on Tuesday.
SALCEF GROUP SCFG.MI
De-lists as of Tuesday.
DIARY
Milan, Bank of Italy Governor Fabio Panetta gives speech on monetary policy at Bocconi University (1000 GMT) and at the Pinardi Foundation (1145 GMT).
Foreign Minister Antonio Tajani meets in Warsaw with his counterparts from Poland, France, Germany, UK and Ukraine to discuss the war in Ukraine, Trump's election and the political future of Europe.
Prime Minister Giorgia Meloni and Economy Minister Giancarlo Giorgetti attend G20 Summit leader in Rio de Janeiro, Brazil.
Rome, Economy Deputy Minister Maurizio Leo attends shopkeepers' association Confesercenti annual meeting (1000 GMT).
Rome, conference on digital transformation within AI, with Cabinet undersecretaries Alessio Butti and Alberto Barachini (0900 GMT).
Rome, Infrastructure and Transport Minister Matteo Salvini attends Transport and Logistics association CONFETRA annual meeting (0900 GMT).
Rome, Industry Minister Adolfo Urso attends forum "Space&Blue, the economy of space and sea: tools for interconnection" (1030 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/
Related Assets
Latest News
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.
