Italy - Factors to watch on July 29
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 Prime Minister Giorgia Meloni vowed on Sunday to "relaunch" cooperation with China, signing a three-year action plan during her first official visit to Beijing since taking office.
The Italian leader also said that an industrial cooperation memorandum signed by Italy and China includes strategic industrial sectors such as electric mobility and renewables.
ECONOMY
The Bank of Italy said on Friday the country's lenders had a limited exposure to Portugal's residential property market and there was no need to ask them to hold additional capital against such exposure.
ISTAT releases June non-EU foreign trade data (0800 GMT).
DEBT
The Treasury said on Friday it had cancelled the medium-long term bond auction scheduled for August 13 and inflation-linked BTPei auction scheduled for August 27. Other auctions, including the Bill sale scheduled for August 9, will be held regularly.
COMPANIES
LEONARDO LDOF.MI
The Franco-German aerospace giant Airbus has signed a memorandum of understanding with the Italian defence group to strengthen cooperation in the Nh90 military helicopter, Airbus CEO Guillaume Faury told Il Sole-24 Ore in an interview published on Sunday.
SARAS SRS.MI
Global commodity trader Vitol is not worried about the low acceptance rate of its mandatory tender offer for Italian oil refiner Saras SRS.MI, its CEO Russell Hardy told Il Sole-24 Ore in an interview on Saturday.
"In any case, we also feel comfortable as shareholders in a listed company: we already have experience in this role in two companies with which we have long-standing ties, both taken over by Shell," Hardy said referring to Vivo Energy, which was listed in London for four years before Vitol took full control and privatised it, and Viva, which is still listed in Australia.
ENI ENI.MI
(*) RBC on Monday raised the energy group's rating to 'Outperform' from 'Sector Perform'.
ENI could pocket more than 8 billion euros ($8.69 billion) in net proceeds from disposals by 2027, CEO Claudio Descalzi said on Friday after the group reported second-quarter results ahead of consensus.
TERNA TRN.MI
Power grid operator reported on Friday a 23% annual rise in its core earnings for the first half of the year, mainly thanks to an increase in revenues from regulated activities.
DANIELI DANI.MI
The steelmaker recorded sales above target at the end of its financial year to June, "in line with market expectations if not slightly higher," CEO Giacomo Mareschi Danieli told Corriere della Sera's L'Economia on Monday.
He added he sees a "similar and positive" trend in 2024-2025, with orders slightly above 6 billion euros.
The group is still looking at international growth, especially in Mexico, Bangladesh and Brazil, but is not interested in buying the steelworks of Acciaierie d'Italia (ADI), formerly known as Ilva, Mareschi Danieli said.
IREN IREE.MI
Rating agency Fitch confirmed the utility's 'BBB' rating and cut its outlook to 'stable' from 'positive'.
DIASORIN DIAS.MI
Board meeting on H1 results, followed by conference call (1500 GMT).
DIARY
Prime Minister Giorgia Meloni continues her state visit to China; ends on July 31.
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 = 0.9206 euros)
면책조항: XM Group 회사는 체결 전용 서비스와 온라인 거래 플랫폼에 대한 접근을 제공하여, 개인이 웹사이트에서 또는 웹사이트를 통해 이용 가능한 콘텐츠를 보거나 사용할 수 있도록 허용합니다. 이에 대해 변경하거나 확장할 의도는 없습니다. 이러한 접근 및 사용에는 다음 사항이 항상 적용됩니다: (i) 이용 약관, (ii) 위험 경고, (iii) 완전 면책조항. 따라서, 이러한 콘텐츠는 일반적인 정보에 불과합니다. 특히, 온라인 거래 플랫폼의 콘텐츠는 금융 시장에서의 거래에 대한 권유나 제안이 아닙니다. 금융 시장에서의 거래는 자본에 상당한 위험을 수반합니다.
온라인 거래 플랫폼에 공개된 모든 자료는 교육/정보 목적으로만 제공되며, 금융, 투자세 또는 거래 조언 및 권고, 거래 가격 기록, 금융 상품 또는 원치 않는 금융 프로모션의 거래 제안 또는 권유를 포함하지 않으며, 포함해서도 안됩니다.
이 웹사이트에 포함된 모든 의견, 뉴스, 리서치, 분석, 가격, 기타 정보 또는 제3자 사이트에 대한 링크와 같이 XM이 준비하는 콘텐츠 뿐만 아니라, 제3자 콘텐츠는 일반 시장 논평으로서 "현재" 기준으로 제공되며, 투자 조언으로 여겨지지 않습니다. 모든 콘텐츠가 투자 리서치로 해석되는 경우, 투자 리서치의 독립성을 촉진하기 위해 고안된 법적 요건에 따라 콘텐츠가 의도되지 않았으며, 준비되지 않았다는 점을 인지하고 동의해야 합니다. 따라서, 관련 법률 및 규정에 따른 마케팅 커뮤니케이션이라고 간주됩니다. 여기에서 접근할 수 있는 앞서 언급한 정보에 대한 비독립 투자 리서치 및 위험 경고 알림을 읽고, 이해하시기 바랍니다.
