Daily Report 11.05.2018
Datum objave: 11.05.2018
NBS: Key policy rate kept on hold
At yesterday’s meeting, the NBS Executive Board voted to keep the key policy rate on hold, at 3.0%. In making such a decision, the NBS Executive Board was primarily guided by the expected movement in inflation and its underlying factors going forward, and the effects of past monetary policy easing. According to the May projection, the Executive Board expects y-o-y inflation to gradually approach the target, after reaching this year’s low in April.
IMF Mission recommends improving the planning and realization of public investments in Serbia
IMF mission in Serbia ascertained yesterday in conversation with the Minister of Construction, Transport and Infrastructure Zorana Mihajlovic that the reconstruction of Serbian Railways is carried out with success and recommend an upgrade in the public investment planning and realization process. James Roaf, Head of the IMF mission for Serbia, said that the department led by Mihajlovic significantly contributed to the successful ending of the previous IMF arrangement.
MAT: Production declined in March
In March this year, manufacturing industry’s production was at the same level as in March last year and which causes concern regarding the GDP growth in the remaining quarters – said the editor of the renowned Macroeconomic Analysis and Trends (MAT) magazine, Ivan Nikolic . At the presentation of the new issue of MAT, he added that the stagnation in the manufacturing industry was compensated by the 21.6 percent growth of the production of the electric power industry, which is why industrial production continued to grow by 4.1 percent in March compared to the same period last year.
China's Hisense bids 12 euros/share for Slovenia's Gorenje
Chinese household appliances maker Hisense Electric has offered the best bid of 12 euros ($14.22) per share for Gorenje, the Slovenian appliances producer said. It added in a statement on Wednesday that Hisense will announce a takeover bid for Gorenje within 15 days. The price was offered on condition that Hisense acquires at least 50 percent of Gorenje’s shares. The bid values Gorenje at about 293 million euros.
Dow rallies nearly 200 points, notches 6-day winning streak, European markets close mainly lower after BOE rate decision
The Dow Jones industrial average rose sharply on Thursday, posting its sixth straight day of gains, following the release of weaker-than-expected U.S. inflation data. The index gained 0.8%, while S&P 500 was up 0.9 percent to 2,723.07, with utilities and telecom both rising more than 1 percent. The Nasdaq composite advanced 0.9 percent.
In corporate news, Booking Holdings dropped more than 4.5 percent after giving weaker-than-expected quarterly guidance. The company reported better-than-forecast earnings and revenue for the previous quarter, however.
The Labor Department said before the open its consumer price index rose 0.2 percent in April, with economists polled by Reuters expecting a 0.3 percent bump. The lighter-than-forecast number eased concerns about the Federal Reserve tightening monetary policy at a faster rate than the market is expecting.
European stock markets endured mixed fortunes Thursday, as investors reacted to a monetary policy meeting by the U.K.'s central bank. The pan-European Stoxx 600 ended provisionally 0.12 percent lower than its previous closing price, with major bourses and sectors pointing in opposite directions.
Europe's telecoms stocks were among those to lead the losses, down 0.94 percent amid earnings news. BT posted weaker-than-anticipated figures over the first three months of the year and announced plans to cut 13,000 managerial and back-office jobs. Shares of the company were 7.5 percent lower for the day.
Source: CNBC, Ilirika
Dnevni izveštaj 21.01.2019
21.01.2019 | MTLC: Prihod Metalca u 2018. godini 110 mil EUR - Rezultati iznad plana; Minimalac od 2019. godine 27.022 dinara - Sindikati nisu zadovoljni; Izgradnja Turskog toka u Srbiji biće završena do kraja 2019. godine; Predstavnici Srbije i Rusije potpisali više dokumenata o saradnji; Dow skočio preko 300 poena u petak, Evropa takođe u plusu
Daily Report 21.01.2019
21.01.2019 | MTLC: Income of Metalac in 2018 at EUR 110 million – Results exceed plans; Minimum wage at RSD 27,022 in 2019 - Trade unions displeased with the decision; TurkStream construction in Serbia to be completed by end-2019; Serbia and Russia on Thursday signed over 20 agreements, memorandums, accords and protocols on future cooperation.; Dow jumps more than 300 points, posts first 4-week winning streak since August, European markets close week firmly higher on US-China trade relief
Dnevni izveštaj 18.01.2019
18.01.2019 | Sberbank Srbija i Telekom Srbija potpisali memorandum o saradnji; Brauerei Group Beograd postao vlasnik Valjevske pivare; Preduzeli smo sve da zaštitimo Srbiju i Železaru, kaže Premijerka; Bugari kupili Telekom Albanija za 50 mil EUR - Telekom Srbija imao bolju ponudu; Američki indeksi u plusu nakon novosti da bi SAD mogle da smanje uvozne carine na robu iz Kine, već tokom pregovora, Evropske berze bez većih promena
Daily Report 18.01.2019
18.01.2019 | Russian bank's loan to Serbia's state-owned telcom; Brauerei Group Belgrade becomes owner of Valjevska Pivara; Brnabic says Serbian steel production safe; Bulgarian company to buy Telekom Albania for EUR 50 million – Telekom Srbija gives better offer; Stocks rise after report says US considering easing China tariffs during negotiations, European markets close flat after May survives no-confidence vote, ITV shares dive 6%
Dnevni izveštaj 17.01.2019
17.01.2019 | Putin dovodi investitora za ruski pandan Beograda na vodi - Fond Marera Properties želi da gradi poslovni centar u Bloku 18; Raste promet u rubljama između Srbije i Rusije; Za Petrohemiju zainteresovane i ruske firme; Srbija svetski lider po rastu proizvodnje čelika; Skok na Goldmanu održao američke indekse u zelenom, Evropa ipak u plusu, Duetsche Banka dobila 8%
Daily Report 17.01.2019
17.01.2019 | Putin to bring investor for Russian counterpart to Belgrade Waterfront – Investment fund Marera Properties looking to build business center in Block 18; Transactions in rubles between Serbia and Russia on the rise; Russian companies interested in Petrohemija; Serbia has world's highest crude steel production increase; Dow gains more than 100 points as Goldman posts best day in 10 years, European markets close higher after May’s Brexit vote defeat, Deutsche Bank up 8%
Dnevni izveštaj 16.01.2019
16.01.2019 | Telekom potrošio 310 mil EUR na kupovinu kablovskih operatera; Investitorima u 2019. od 3.000 do 7.000 EUR po radnom mestu - Nema više državnih subvencija za međunarodnu trgovinu i hotele; Do kraja marta tender za prodaju Laste - U toku izbor konsultantske revizorske kuće; AERO: Aerodrom Nikola Tesla u 2018. uslužio 5,4% više putnika; Skok na Netflixu podigao Dow indeks, Evropske berze bez bitnijih promena u iščekivanju glasanja u VB povodom Brexita
Daily Report 16.01.2019
16.01.2019 | Telekom spends EUR 310 million buying cable operators; Investors to get 3,000 to 7,000 euros per job in 2019 – No more state subsidies for international trade and hotels; Tendering for sale of Lasta to start by end-March – Selection of consulting and auditing company in progress; AERO: Belgrade Airport serviced 5.64rm passengers in 2018; Dow rises more than 100 points, Netflix leads tech rally, European markets flat ahead of crucial Brexit vote, Italian banks struggle
Dnevni izveštaj 15.01.2019
15.01.2019 | NBS: Devizne rezerve na kraju decembra 11,2 milijarde EUR; Sa Rusijom ugovor o železničkom saobraćaju vredan 230 mil EUR; Fiat nastavlja proizvodnju u Kragujevcu 16. Januara; Kupovna moć u Srbiji raste polako; Američki indeksu u negativnoj korekciji, Evropa takođe – Kineski podaci razočaravajući
Daily Report 15.01.2019
15.01.2019 | NBS: FX reserves in December at 11.2bn; Agreement on rail transport worth EUR 230 million to be signed with Russia; Fiat to resume production activities in Kragujevac on January 16; Purchasing power in Serbia slowly growing; Stocks post back-to-back losses for the first time this year on earnings worries, European stocks fall on weak Chinese data, Pandora shares down 6%