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 .
ECONOMY
Economy Minister Giancarlo Giorgetti said during the weekend
that Italian energy bills would fall significantly, possibly as
much as 40%, when the energy authority sets the new tariffs in
early February.
ISTAT releases December non-EU foreign trade data (0900
GMT)and December producer prices data (1000 GMT).
COMPANIES
TELECOM ITALIA (TIM) The consortium led by state lender CDP is not expected to
make a non-binding offer for TIM's network before mid-February,
because Rome wants to first carry out pre-emptive checks with
European Union authorities to be sure no antitrust objections
will be raised, daily Il Messaggero wrote on Saturday.
Separately, a source close to TIM's top shareholder Vivendi said on Saturday a bid of 24 billion euros ($26
billion) for the network, which the report suggested was the
amount CDP is considering offering, would be far below the value
that Vivendi deems fair.
After selling an 850 million euro bond earlier this month,
TIM is working on another two financing transactions in an
effort to cover maturities until the end of 2025 from the end of
2024 at present, MilanoFinanza reported on Saturday.
ENI The Italian energy company and Libya's National Oil
Corporation (NOC) signed an $8 billion gas production deal on
Saturday. The deal, which includes a carbon capture facility,
has a duration of 25 years and envisages a gas production
capacity of up to 750 million cubic feet per day. Output is
scheduled to begin in 2026.
Eni and TotalEnergies on Sunday signed a three-way
consortium deal with QatarEnergy to explore oil and gas in two
maritime blocks off the coast of Lebanon known as Blocks 4 and
9. Following months of talks, QatarEnergy has taken a 30% stake
in the consortium, leaving TotalEnergies and Eni with 35% each.
(*) BANCA MONTE DEI PASCHI Barclays has raised the rating on the stock to equal-weight
from underweight and the target price to 2.4 euros from 0.4.
JUVENTUS Juventus suffered another blow in their bid for Champions
League qualification as they slumped to a 2-0 home defeat by
Monza in Serie A on Sunday.
(*) LAZIO Lazio missed the chance to move up to second in Serie A when
they were held to a 1-1 draw by Fiorentina at home on Sunday.
PRIMA INDUSTRIE Femto Technologies starts mandatory takeover bid on Prima
Industrie ordinary shares; ends on Feb. 22.
DIARY
Rome, Prime Minister Giorgia Meloni meets European Council
President Charles Michel.
Rome, Poste Italiane holds presentation of post
office revamp project with Prime Minister Giorgia Meloni,
President Sergio Mattarella, Industry Minister Adolfo Urso,
Poste Italiane CEO Matteo Del Fante (1000 GMT)
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in
brackets:
European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets:
Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... ($1 = 0.9202 euros)
