Italy - Factors to watch on August 13
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
Italy's Foreign Minister Antonio Tajani said in a joint statement with the Swiss foreign ministry on Monday that the two countries shared deep concern over Russia's aggression in Ukraine, but that Moscow should be present at the next peace summit.
COMPANIES
(*) TELECOM ITALIA TLIT.MI, INWIT INWT.MI
Telecom Italia (TIM) TLIT.MI said it signed off the sale of its residual indirect stake in Italy's top telecoms tower company INWIT INWT.MI to a consortium led by French infrastructure fund Ardian for 250 million euros.
PRYSMIAN PRY.MI
The cablemaker on Monday was awarded about $96 million by a U.S. court in its trade secrets case against India's Sterlite Technologies STTE.NS, which allegedly possessed information regarding clients, products, and Prysmian's manufacturing facilities expansion.
Funds advised by U.S. financial services company Fidelity held a 4.78% stake in the world's largest cable maker as of Aug. 6, a regulatory filing by Italy's market watchdog Consob showed on Monday.
MONTE DEI PASCHI BMPS.MI
The European Central Bank on July 26 issued the final report to participants in its 2024 cyber resiliency stress tests, the Tuscan bank said in its semi-annual report on Monday.
After being selected to take part in the assessment of banks' operational resiliency in the event of a major cyber attack, Monte dei Paschi said it took action in the first half to strengthen its resilience and comply with new DORA regulation by the end of the year.
LOTTOMATICA LTMC.MI
Berenberg said on Tuesday it started coverage of the gambling group with a "Buy" rating and a target price of 16.20 euros ($17.72).
AMPLIFON AMPF.MI
The hearing aid maker is studying new acquisitions and aims to extend its network to 10,000 stores worldwide from its current 9,900, la Repubblica reported on Tuesday. One of the initiatives to reach its goal is to convert stores of its Bay Audio brand in Australian shopping centres, initially in Sidney, the report added.
Milan Stock Exchange After Hours market closed.
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 = 0.9141 euros)
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.
