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 (*).
ECONOMY
Italy on Monday re-introduced a temporary cut in excise
duties on diesel, amid wide-spread protests against soaring
energy costs and mounting concerns over the fiscal impact of
such moves.
Statistics bureau ISTAT releases June trade data with non-EU
countries.
DEBT
The Treasury said on Monday it will sell up to 8 billion
euros ($9.10 billion) of bonds at auction on July 30. It also
said it was cancelling its scheduled August 13 auction of medium
to long-term bonds and its auction of BTPEI bonds on August 26.
On Tuesday the Treasury offers short-term BTPs and BTPEI
bonds linked to euro zone inflation.
It will also announce details of its next auction of medium
and long-term bonds.
COMPANIES
(*) BANCA MONTE DEI PASCHI, BANCO BPM
The bank's advisers are exploring a merger that would mix
cash and shares as a possible alternative to Intesa Sanpaolo's
offer for Monte Paschi, Bloomberg News reported on
Monday.
According to MF, the most likely scenario is that MPS will
distribute a special dividend before the transaction is
finalized.
(*) STELLANTIS ( STLA )
The Franco-Italian carmaker said on Tuesday it had agreed to
sell its entire shareholding in the Free2move car-sharing
business to Germany-based holding company Mutares SE & Co KgaA
by the end of the year.
The carmaker's Brampton plant in Canada, which has been idle
since 2023, is being eyed by Roshel, a Canadian armored-vehicle
manufacturer, MF reported on Tuesday, citing Toronto CityNews.
SAIPEM
The Italian oil and gas contractor on Monday revised down
its expectations for 2026 core earnings to take into account
extra costs linked to the Middle East crisis.
The company will hold on Tuesday an analyst call on its
first-half results at 0830 GMT and a media briefing at 1030 GMT.
(*) ENI
The Italian energy group said on Tuesday it had reached the
Final Investment Decision (FID) to develop Cronos project, in
the deep waters offshore Cyprus, with the aim to bring the first
Cypriot gas to market in 2028.
(*) LOTTOMATICA
The Italian betting firm confirmed on Tuesday its guidance
on 2026 adjusted EBITDA, which is expected at the top end of the
range of €940 million to €980 million, after posting double
digit growth in the second quarter.
THE ITALIAN SEA GROUP
Italian yatch-maker Sanlorenzo said on Monday that a group
led by entrepreneur Riccardo Cima has submitted a binding,
secured expression of interest to acquire the entire business of
troubled yacht builder The Italian Sea Group (TISG) through a
newly formed vehicle, Polo Nautico Carrara (PNC).
(*) BANCA IFIS
Several U.S. distressed-debt managers are interested in
buying the bank's nonperforming loans division, MF reported on
Tuesday. The newspaper named Apollo Global Management ( APO ),
Fortress and Cerberus as interested parties.
(*) OFFICINA STELLARE, LEONARDO
It signed an 18-month contract with Leonardo to supply
high-speed optical terminals for laser communications for the
first orbital plane of Leonardo's proprietary Earth-observation
constellation. The contract is worth €6.5 million, with about
15% of the total expected to be recognised in 2026.
INWIT
The wireless infrastructure company issues H1 results after
market close.
PIAGGIO
The scooter and moped manufacturer issues H1 results.
RECORDATI
The pharmaceutical company issues H1 results.
IPO
Guidotti Ships makes its market debut on Milan's Euronext
Growth platform.
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
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 = 0.8792 euros)