Italy - Factors to watch on November 5
05/11/2024 05:00
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 .
DEBT
Italy posted a budget deficit of 17 billion euros ($18.51
billion) in October, widening sharply from a deficit of 4.54
billion euros in the same month of 2023, the Treasury said on
Monday.
COMPANIES
STELLANTIS STLAM.MI
The carmaker's share of the Italian market increased to
25.15% in October from 24.11% the month before, but total car
sales in the country fell 9.05% year-on-year, transport ministry
data showed
UNICREDIT CRDI.MI
The Italian bank said it expected to be able to merge the
Romanian business of Greece's Alpha Bank ACBr.AT into its own
local subsidiary in the second half of next year, after closing
the acquisition on Monday.
INTESA SANPAOLO ISP.MI
The Italian bank said on Monday that ratings agency
Morningstar DBRS had upgraded its long-term trend to "positive",
while confirming its rating at BBB (HIGH).
BANCO BPM