Italy - Factors to watch on October 21
The following factors could affect Italian markets on Wednesday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
POLITICS
The government approved a raft of security measures on Tuesday including a new offence of violent participation in a demonstration, tougher penalties for rioters, and financial liability for parents whose children take part in vandalism.
...
ECONOMY
The production of Italian pasta is under threat as a protest by truck drivers in the south of the country over soaring fuel prices and the cost of living blocks deliveries to factories.
Intesa Sanpaolo ISP.MI CEO Carlo Messina on Tuesday criticised Italian government plans to hike taxes on banks and insurers to help fund the 2027 budget, saying other sectors should help ease the burden of energy costs for households and firms.
DEBT
Orders for Italy's BTP Valore retail bond reached almost €8.6 billion on Tuesday after the first two days of the offer. The sale continues through Friday, unless the Treasury decides to close it earlier.
COMPANIES
FERRAGAMO SFER.MI
Revenues at the Italian luxury group fell 3.5% at constant exchange rates in the third quarter as wholesale sales dropped 19.1% from a year earlier, the company said on Tuesday.
FERRARI RACE.MI
CEO Benedetto Vigna on Tuesday praised Tesla's TSLA.O latest Roadster sports car presentation, saying the redesign showed the auto industry had room for daring innovation even in a mature market.
MONCLER MONC.MI
The luxury fashion company releases Q3 results.
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/