Daily Report 13.03.2018
Datum objave: 13.03.2018
Fiat biggest exporter in first two months of 2018
Fiat Chrysler Automobiles (FCA) realized the biggest export from Serbia in the first two months of the current year, with EUR 140.5 million, the Ministry of Finance announced. HBIS group (Zelezara Smederevo), which realized exports of EUR 132.8 million, and Tigar Pirot, with exports worth EUR 64 million, follow. The value of the export of the 15 biggest exporters from Serbia in the first two months of 2018 amounted to EUR 707.4 million.
Memorandum on reconstruction of Belgrade-Zagreb railway signed – Works on Serbian territory worth around EUR 250 million
Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic and Croatian Minister of Maritime Affairs, Transport and Infrastructure Oleg Butkovic signed the Memorandum on cooperation on upgrading railway transport, which envisions a joint reconstruction of the Belgrade-Zagreb railway, on March 9, 2018. Around EUR 250 million will be needed for the reconstruction of the railway on the territory of Serbia, whereas the Croatian section will require a slightly higher amount. The Serbian Railways Infrastructure previously told Tanjug that the Belgrade-Zagreb railway through Serbia was double-tracked, electrified and designed for the speed of 120 km/h.
NBS: Annual inflation in February at 1.5%
According to the data of the Serbian Statistical Office, monthly inflation measured 0.3% in February. Movements in consumer prices in February were driven by the seasonally expected increase in fruit and vegetable prices, a decline in the prices of clothes and footwear and fresh meat, and higher prices of cigarettes and petroleum products. Annual inflation continued down, which is consistent with NBS expectations. It measured 1.5% in February. Weak inflationary pressures are also signalled by core inflation (the consumer price index excluding food, energy, alcohol and cigarettes), which remained low and stable, measuring 1.3% in February. Under the NBS central projection, in the months to come, y-o-y inflation will remain low on account of the base effect.
SBITOP remained stable at 818.1pts
Slovenian blue-chip index SBITOP remained stable at 818.1pts on Monday. After the opening the index was down to below 814pts, but it recovered to starting point by the end of the trading session. Top gainer was an insurer company SavaRe, with 1.17% jump, while major looser was Intereuropa, since it slumped 8.96%.
Dow closes 157 points lower amid lingering trade-war worries, Europe ekes out minor gains by the close, as utilities outperform fellow sectors
The Dow Jones industrial average fell on Monday as investors worried a trade war could develop after President Donald Trump implemented tariffs on steel and aluminum imports. The 30-stock index declined 157.13pts, or 0.62%, with Boeing, Caterpillar and United Technologies all falling at least 2 percent. The S&P 500 slipped 0.1 percent to 2,783.02, with industrials dropping 1.2 percent. The Nasdaq composite climbed 0.4 percent.
In corporate news, David Solomon will take over as president and CEO at Goldman Sachs after Harvey Schwartz, his sole competitor for the CEO position, retires next month. Goldman shares rose as much as 1.7 percent before closing 1 percent higher.
Analysts at Jefferies said in a note Monday that Steven Spielberg's "Ready Player One" movie could be a catalyst for both Nvidia and Advanced Micro Devices. In a note to clients, they said: "We believe that the movie will drive sales of VR headsets that require high-performance GPUs from NVDA and AMD."
European equities finished mostly higher Monday as markets in the region tried to shake off concerns surrounding tariffs and focus on the positive trading seen in individual stocks. The pan-European STOXX 600 closed up 0.25 percent provisionally, off its session highs, while the majority of the region's sectors ended in positive territory.
In individual stocks news, shares of Aryzta slipped 2.3 percent after the company reported widening losses in the six months to January. Deutsche Bank eked out gains by the close after revealing the price range for an initial public offering of its asset management arm, which is valued at up to 7.2 billion euros ($8.86 billion), according to Reuters.
Inmarsat sank 5.3 percent after CFRA Research cut its price target on the stock. The news added pressure to telecoms, which closed lower as a sector. This comes after the company reported earnings last week.
Source: CNBC, Ilirka
Dnevni izveštaj 22.06.2018
22.06.2018 | AERO: Tri kompanije odlažu nove letove do Beograda - Qatar Airways odustao od dodatnog termina; NBS će popisati sve usluge koje nude banke u Srbiji; ENHL: Energoprojekt i Strabag u konkurenciji za rekonstrukciju Trga republike - Posao vredan 7,5 miliona EUR; Porsche kupio 10% udela u hrvatskoj kompaniji Rimac Automobili; Dow u minusu 200 poena, Evropa prati silazni trend
Daily Report 22.06.2018
22.06.2018 | AERO: Three companies postpone new air service to Belgrade – Qatar Airways gives up on additional flight; NBS to list all services offered by banks in Serbia; ENHL: Energoprojekt and Strabag will compete for Republic square reconstruction; Porsche takes 10% stake in Croatian company Rimac Automobili; Dow drops about 200 points on trade worries, extends losing streak to 8 days, European stocks close lower as OPEC meets, BOE holds rates steady
Dnevni izveštaj 21.06.2018
21.06.2018 | AERO: Komisija za zaštitu konkurencije odobrila koncesiju Aerodroma Nikola Tesla; Deficit platnog bilansa povećan na 870 miliona EUR; Građevinske kompanije iz Srbije najviše radova izvele u Rusiji - Ukupna vrednost poslova u inostranstvu 36,5 milijardi dinara; Sberbanka će biti vlasnik 39,2% Agrokora - Poverioci jednoglasno podržali nagodbu; Facebook i Netflix pogurali Nasdaq do novog rekorda, Evropa uglavnom u plusu, OPEC u fokusu
Daily Report 21.06.2018
21.06.2018 | AERO: Commission for Protection of Competition approves concession of Nikola Tesla Airport; Serbian 4 months CA gap reached EUR 870m; Construction companies from Serbia active in Russia mostly – Total value of works carried out abroad amounts to RSD 36.5 billion; Sberbank to own 39.2% of Agrokor – Creditors unanimously support agreement; Nasdaq posts record close as Facebook and Netflix rise to all-time highs, Europe ends on a mixed to positive note as trade war fears rumble on, OPEC in focus
Dnevni izveštaj 20.06.2018
20.06.2018 | SJPT: Akcije Sojaproteina skinute sa listinga Beogradske berze; ALFA: Skupština Alfa plama odobrila dividendu od 1.000 dinara po akciji; Nemačke firme sve više traže dobavljače iz Srbije; Petrol planira prodaju do 2022. od pet milijardi eura; Dow izgubio oko 300 poena nakon pretnji Trampa da će uvesti nove tarife za kinesku robu, Evropa u minusu iz istog razloga
Daily Report 20.06.2018
20.06.2018 | SJPT: Sojaprotein shares excluded from Belgrade Stock Exchange listing; ALFA: Alfa Plam GM approves dividend of RSD 1,000 per share; German firms increasingly looking for Serbian suppliers; Slovenia's Petrol targets cons net profit of 116 mln euro in 2022; Dow tumbles about 300 points, wipes out gains for year, as Trump directs more tariffs at China, European stocks end on a gloomy note
Dnevni izveštaj 19.06.2018
19.06.2018 | Kreditni rejting Srbije za dugoročno zaduživanje u domaćoj i stranoj valuti na nivou BB; Aerodrom Nikola Tesla zakazao skupštinu akcionara za 9. jul - Glavna tačka odluka o odobravanju koncesije; Etihad se ne povlači iz vlasništva u Air Serbia - Mogući letovi iz Beograda ka Pekingu i Kanadi; MK Group i dalje zainteresovana za Budvansku rivijeru - U planu i hoteli sa pet zvezdica; Trgovinske tenzije obaraju Dow peti dan zaredom, Evropa u minusu, uhapšen direktor Audija
Daily Report 19.06.2018
19.06.2018 | Long-term foreign and local currency sovereign credit ratings on Serbia kept at BB; Nikola Tesla Airport schedules GM for July 9 – Concession approval main item on the agenda; Etihad not to withdraw from Air Serbia – Flights from Belgrade to Beijing and Canada possible; MK Group still interested in Budvanska Rivijera – Five-star hotels planned as well; Dow posts 5-day losing streak on lingering US-China trade tensions, European markets close lower as trade tensions rise, VW shares slip on Audi boss arrest
Dnevni izveštaj 18.06.2018
18.06.2018 | Sino-China Investment Group spremio milijardu dolara za finansiranje projekata u Srbiji; Skupština Srbije izabrala Jorgovanku Tabaković za guvernera NBS; Fijat i železara i dalje najveći izvoznici; EU povećava pretpristupnu pomoć za Zapadni Balkan - Najavljen fond od 14,5 mlrd EUR za period od 2021. do 2027.; Nove trgovinske tenzije SAD-Kina oborile indekse na Wall Streetu u petak, Evropa takođe u minusu
Daily Report 18.06.2018
18.06.2018 | Chinese group mulls 1 bln euro Serbia-focused investment fund - report; Serbian parliament confirms Tabakovic as central bank chief; Serbia’s top 15 report 1.9 billion Euro in exports; EU to raise pre-accession help to Western Balkans – Fund of EUR 14.5 billion announced for 2021-2027 period; Stocks cut losses as Wall Street shrugs off trade-war fears, European markets close lower after ECB-fueled rally, Rolls-Royce ends nearly up 8%