Italy - Factors to watch on Jan. 6

Reuters
06 Jan
Italy - Factors to watch on Jan. 6

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.

POLITICS

Italian Prime Minister Giorgia Meloni said on Sunday she was ready to work with Donald Trump after making a surprise visit to Florida to meet the president-elect before his inauguration on Jan. 20.

Iran's foreign ministry summoned the Italian ambassador on Friday over the detention of an Iranian national wanted by the United States, a day after a similar move by Italy over Iran's arrest of Italian reporter Cecilia Sala.

ECONOMY

December service PMI HCOB data (0845 GMT).

COMPANIES

Bourse After Hours market closed.

LEONARDO LDOF.MI

The defence and aerospace group could make an M&A announcement in the early part of the year, CEO Roberto Cingolani told Milano Finanza over the weekend. He also said that there is interest in the market for the disposal of another stake in the group's subsidiary DRS, but there is nothing on the table.

IVECO IVG.MI

The company announced late on Friday that it had finalised a deal to sell its unit that produces firefighting vehicles to Germany's private equity fund Mutares MUXG.DE under a deal signed last March. The terms of the agreement are subject to a potential price adjustment linked to the unit's performance during 2024. One-off effects from the transaction are excluded from Iveco Group's adjusted metrics.

ENI ENI.MI

Investors interested in buying a minority stake in Eni's carbon capture unit will submit binding offers by February, Corriere della Sera reported on Saturday. Eni's Chief Transition & Financial Officer Francesco Gattei said last October the group was in talks with five to six potential buyers.

The energy group is preparing to resume drilling at Egypt's offshore gas field Zohr, a spokesperson said on Friday, confirming previous comments by the African country's ministry of petroleum and mineral resources.

BANCA IFIS IF.MI

The lender aims to grow by broaden non-performing loan $(NPL.SI)$ business and launching a 'private banking’ division, the chairman told Il Sole 24 Ore on Saturday. The bank could accelerate growth with M&A activity, he added.

CAMPARI CPRI.MI

Shares in the spirits maker, along with European and American peers, fell as much as 5.2% on Friday after the U.S. surgeon general called for cancer warnings on the labels of alcoholic drinks.

STELLANTIS STLAM.MI

Stellantis's car production shrank last year by 46% to the lowest since 1956, trade union figures showed on Friday, while the company's output of all vehicles was down by 37%.

UNIEURO UNIR.MI

First of two-day suspension from negotiations ahead of de-listing.

DIARY

...

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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/

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