Italy - Factors to watch on Sept. 3
03/09/2018 05:00
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 .
Markit/ADACI releases August PMI manufacturing (0745 GMT).
Transport Ministry releases August car sales data (1600
GMT).
August state sector borrowing requirement data.
FITCH AND POLITICS
Fitch Ratings on Friday cut Italy's sovereign debt outlook
to "negative", citing expectations that the new government's
fiscal loosening would leave the country's mammoth debt more
exposed to potential shocks. urn:newsml:reuters.com:*:nL3N1VN032
On Saturday, Economy Minister Giovanni Tria said Italy will
respect European Union budget commitments and address the
concerns of credit ratings agencies like Fitch with concrete
policy choices in coming weeks. urn:newsml:reuters.com:*:nL8N1VN081
Deputy Prime Minister Luigi Di Maio was less reassuring on
Sunday, saying the government was prepared to make a "historic
choice" between what citizens need and what ratings agencies say
should be done.
"We can't think about listening to the ratings agencies and
reassuring the markets, and then stab Italians in the back," Di
Maio said at a conference in Tuscany. "We'll always choose
Italians first." urn:newsml:reuters.com:*:nL8N1VO0G3
COMPANIES
ATLANTIA ATL.MI
Italy's transport minister described as "indecent" a
statement on Friday from toll-road operator Autostrade per
l'Italia, which said it had met all obligations under its
Italian motorway concessions in a timely fashion. urn:newsml:reuters.com:*:nR1N1UG00T
A top Italian official raised doubts on Friday over the idea
of nationalising Autostrade per l'Italia following a deadly
bridge collapse, saying the other option was to launch a
European tender for the toll-road company's concessions.
urn:newsml:reuters.com:*:nL8N1VM39L
VITTORIA ASSICURAZIONI VITI.MI
The tender and exchange offer on 40.76 percent of the
insurance's capital has ended with 94.2 percent of shares
tendered, equal to 38.39 percent of the group's capital, the
Milan bourse said on Friday. urn:newsml:reuters.com:*:nFWN1VM0RT
BIESSE BSS.MI
The group said on Friday it would postpone the listing of
its unit HSD due to unfavourable market conditions. urn:newsml:reuters.com:*:nBIA3V6Js8
PIRELLI PIRC.MI
Pirelli has competition for Formula One's next tyre contract
despite French rivals Michelin ruling out a bid, International
Automobile Federation (FIA) president Jean Todt said on
Saturday. urn:newsml:reuters.com:*:nL3N1VN04L
POLIGRAFICA SANFAUSTINO PSF.MI
The group said on Friday its net profit fell to 0.2 million
euros in the first half of this year, from 0.8 million euros one
year ago. urn:newsml:reuters.com:*:nFWN1VM0OT
AEROPORTO DI BOLOGNA ADB.MI
Board meeting on H1 results.
IMMSI IMSI.MI
Board meeting on H1 results.
((Milan newsroom, +39 02 6612 9507, fax +39 02 801149,
milan.newsroom@news.reuters.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/