April 8, 2019 / 8:03 PM / 17 days ago

Italy - Factors to watch on April 9

MILANO, April 9 (Reuters) - 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 .

POLITICS

The economic and financial document (DEF) that Italy’s government will likely approve on Tuesday will continue with fiscal reforms and will not change any laws, Economy Minister Giovanni Tria told La Repubblica daily in an interview.

Associations representing thousands of Italian savers who were left out of pocket by a string of banking collapses in recent years on Monday approved a government compensation scheme. The agreement marks a victory for Economy Minister Giovanni Tria.

ECONOMY

ISTAT releases February retail sales (0800 GMT).

Bank of Italy releases February data on bank lending and domestic government bond holdings at Italy-based banks.

PRYSMIAN

The protection system on the WesternLink high-voltage power cable between Scotland and England tripped during tests, operator Prysmian said on Monday, raising fresh doubts about the infrastructure.

TECHNOGYM

Technogym’s top shareholder Wellness Holding has concluded the sale of a 6.96 percent stake via an accelerated bookbuilding at a price of 10.30 euros per share.

BANCA GENERALI

The Italian asset manager’s Chief Executive Gian Maria Mossa told Il Sole 24 Ore he did not see big opportunities for significant consolidation in distribution networks in Italy. He added that private banking and ‘family office’ services looked a more interesting area.

BANCA MEDIOLANUM

Annual general meeting (0800 GMT).

UNICREDIT

Board meeting.

IPO, NEXI (*) Orders in the payments group’s IPO already exceed the offer by three times, daily La Repubblica said, citing financial sources.

The offer is covered at a price of 9.40-9.50 euros per share, in the middle of an official price range of 8.50-10.35 euros, Il Sole 24 Ore said. The company will likely decide to tighten the price range, Il Sole added.

DIARY

Milan, Assicurazioni Generali holds inauguration ceremony of ‘Generali Tower’ with Chairman Gabriele Galateri di Genola, CEO Philippe Donnet, Prime Minister Giuseppe Conte (0930 GMT).

Milan, inauguration ceremony of international furniture exhibition “58° Salone Internazionale del Mobile” with Prime Minister Giuseppe Conte, Deputy Prime Minister and Interior Minister Matteo Salvini (0800 GMT).

Rome, Cabinet expected to meet on economic and financial document (DEF) (1430 GMT).

Rome, official of Bank of Italy, Economy Ministry and Industry Ministry due to speak before Senate Finance Committee on Brexit law decree.

Rome, conference on justice “Salone della Giustizia 2019” starts, ends on April 11. Expected attendees include ECB official Ignazio Angeloni, Bank of Italy Director General Salvatore Rossi, SACE Chairman Beniamino Quintieri, state auditor Secretary General Franco Massi.

Rome, Economy Minister Giovanni Tria delivers closing address at a book presentation.

Rome, conference on “Geo-economics of Infrastructure Investments: Opportunities for the ‘Italian System’” with Fincantieri Chairman Giampiero Massolo, Telecom Italia (TIM) CEO Luigi Gubitosi, Salini Impregilo CEO Pietro Salini; Infrastructure and Transports Deputy Minister Edoardo Rixi delivers closing address (0900 GMT).

Milan, in occasion of prize-giving ceremony ‘Mario Unnia - Talent & Company’ news conference with BPER Banca Director General Fabrizio Togni; presentation of AIM market outlook and 2019 markets overview (0930 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...... IT-LEN

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:............................... (Reporting By Viviana Venturi)

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