Italy - Factors to watch on July 1

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

Italy will issue nearly 500,000 new work visas for non-EU nationals from 2026 to 2028, a cabinet statement said on Monday, as part of a strategy to expand legal immigration channels in response to labour shortages.

TREASURY

Italy's Treasury said on Monday it planned to buy back four BTP bonds and a Ccteu expiring next year in a transaction to be held on Wednesday, using the cash surplus it holds at the Bank of Italy.

ECONOMY

June PMI manufacturing HCOB data (0745 GMT).

Transport Ministry releases June car sales data (1600 GMT).

June state sector borrowing requirement data.

COMPANIES

MEDIOBANCA MIL:MB,BANCA MEDIOLANUM MIL:BMED

(*) Asset manager Banca Mediolanum said on Monday it completed the sale of its entire 3.5% stake in merchant bank Mediobanca for about 548.4 million euros ($646.2 million)

(*) MONTE DEI PASCHI DI SIENA MIL:BMPS, MEDIOBANCA

Italy's market regulator Consob could give its green light to Monte dei Paschi's offer document for its bid on Mediobanca as early as Wednesday, or on Thursday, Corriere della Sera reported on Tuesday.

BANCA POPOLARE DI SONDRIO MIL:BPSO, BPER MIL:BPE

The number of Banca Popolare di Sondrio shares tendered in support of a bid from BPER jumped to 19.98% of shares targeted by the offer on Monday from 0.16% on Friday.

GENERALI MIL:G

One of the giant Generali signs that crown the Italian insurer's head offices in Milan collapsed on Monday, remaining atop the 170 metre-high skyscraper but at risk of crashing to the ground, firefighters said.

Generali said there were no injuries, adding that staff had been instructed to remain at home and work remotely.

(*) STELLANTIS MIL:STLAM

Serbia has reached an agreement with China to speed up the imports of critical minerals and rare earths required for the production of electric vehicles, in a key step which grants supply to the Stellantis' plant in Kragujevac, reported Il Fatto Quotidiano on Tuesday.

(*) LEONARDO MIL:LDO

The defence and aerospace group bought a 24.55% stake in Finnish cybersecurity company Ssh Communications Security for 20 million euros, Il Sole 24 Ore reported on Tuesday. In addition to the investment, the two companies have also agreed that Leonardo will have a global exclusive - with exception of the Scandinavian countries - to integrate Ssh's solutions.

(*) MAIRE MIL:MAIRE

The engineering group said on Tuesday its unit Nextchem was awarded a basic engineering and critical proprietary equipment supply contract, worth about 210 million euros ($247.55 million), for the Pacifico Mexinol project, an ultra-low carbon methanol production facility which will be located in Sinaloa, in Mexico, and will have a capacity of 2.1 million tons per year.

(*) FINCANTIERI MIL:FCT, LEONARDO

The shipbuilder said on Monday it had completed the payment of the variable price component for the acquisition of Leonardo's UAS submarine unit, giving the business a total enterprise value of 415 million euros.

ITALGAS MIL:IG

Lazard Asset Management raised its stake in Italgas to 11.506% from 9.7% on June 19

(*) JUVENTUS FC MIL:JUVE

The club said on Monday that its majority shareholder Exor made a second cash contribution for future capital increases for a total amount of 15 million euros, under the same terms, conditions, and purposes as the cash contribution made on 28 March 2025.

((Milan newsroom, e-mail: ))

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 FTSE:ITLMS

• FTSE Mib index
• .FTMIB

FTSE Allstars index... FTSE:ITSTAR

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 indexFTSE:E3X DJ STOXX indexTVC:SXXP 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 JonesDJ:DJI Wall Street report Nikkei 225TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAXXETR:DAX Frankfurt market stories CAC-40EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report:

($1 = 0.8483 euros)