Daily Report 14.05.2018
Datum objave: 14.05.2018
NIIS: Serbian Oil Industry searching for oil at new locations – Zabalj and Zrenjanin
The Serbian Oil Industry (NIIS) is set to start exploring for possible oil and natural gas reserves in Vojvodina around the towns of Zrenjanin and Zabalj, a NIS official told reporters. Dusan Brstina of the NIS science sector said seismic exploration would cover an area of 720 square kilometres. NIS experts will be exploring around the towns of Zrenjanin, Zabalj, Vrbas, Novi Sad, Backi Petrovac, Temerin and Titel, he said.
NBS: FX reserves in April at EUR 10.4bn
NBS FX reserves stood at EUR 10.4bn at end-April, up by EUR 194.4m from end-March, ensuring the coverage of 189% of money supply (M1) or more than five months’ worth of the country’s imports of goods and services (almost twice the level prescribed by the standard on the adequate level of coverage of the imports of goods and services by FX reserves). It is important to note that FX reserves rose in an environment of the government’s early debt repayment to London Club creditors (outflow of EUR 130.9 mn) and net debt repayment in respect of FX securities issued in the domestic financial market (outflow of EUR 24.4 mn). The main factor contributing to the increase was the inflow from NBS interventions in the domestic FX market (purchase of EUR 215.0 mn).
SORS: Serbia's annual inflation slows to 1.1% in April
Serbia's average annual consumer price inflation slowed to 1.1% in April from 1.4% in March, the national statistical office said on Friday. On a monthly comparison basis, Serbia's consumer price index (CPI) rose by 0.4% in April, after increasing by 0.1% in March, the statistical office said in a monthly inflation report. Prices of clothing and footwear rose 2.1% month-on-month in April, while food and non-alcoholic beverages went up 0.7%. Prices of transport added 0.6%, of communications 0.3%, and furniture 0.2%. Prices in the sectors of alcoholic beverages and tobacco, and recreation and culture fell by 0.1% each in April. The country's annual consumer price inflation quickened to 3.0% in 2017 from 1.2% in 2016.
Source: SORS, SeeNews
SBITOP up addition 0.77% on Friday
After sold boost form Thursday, initiated with jump at Gorenje, SBITOP was up additional 0.77% on Friday, led by gains at Telekom Slovenija (+3.32%) and SavaRe (+2.29%). The most trade name was Gorenej with EUR 1.8m in volume, while daily looser was Mercator since it was down 10%.
Source: LJSE, Ilirika
Dow posts 7-day winning streak and biggest weekly gain since March, Europe shares close higher to post longest weekly winning streak in 3 years
The Dow Jones industrial average rose on Friday as Wall Street booked a week of solid gains following a strong rally in energy stocks. The Dow also posted a seven-day winning streak. The 30-stock, was up 0.37%. Meanwhile, the S&P 500 gained 0.2 percent to close at 2,727.72, while Nasdaq was nearly flat
For the week, the the Dow rose 2.3 percent — its biggest weekly gain since March — while the S&P 500 and Nasdaq climbed 2.4 percent and 2.7 percent.
Energy stocks led the way for the major indexes this week, climbing 3.8 percent. The sector received a boost from surging oil prices, which jumped after President Donald Trump pulled the United States out of the Iran nuclear deal.
In corporate news, chipmaker Nvidia reported better-than-expected earnings and revenue, while giving upbeat guidance. The stock fell 2.2 percent, however.
Verizon shares jumped more than 3 percent after analysts at J.P. Morgan upgraded the telecom giant, noting that its heft dividend and 5G network plans will be a boost.
European markets finished the week higher on average to secure the longest weekly winning streak in three years. The pan-European Stoxx 600 ended Friday 0.38 percent higher with the different sectors moving in opposite directions.
Basic resources led the gains, up by 1.7 percent, on earnings. The world's largest steelmaker ArcelorMittal jumped 2.3 percent after beating first-quarter expectations.
Source: CNBC, Ilirika
Dnevni izveštaj 25.05.2018
25.05.2018 | ENHL: Mali akcionari traže podelu 657 miliona dinara dobiti Energoprojektovih firmi Entel i Industrija; Srbija nastavlja obnovu puteva i unapređenje bezbednosti saobraćaja iz kredita EBRD-a - Raspisivanje nabavki tokom 2018. i 2019.; Srpski finansijski direktori sigurni u dobro poslovanje svojih kompanija; SBITOP u plusu za dodatnih 0,53%; Otkazivanje samita sa Severnom Korejom oborilo indekse i u SAD i u Evropi
Daily Report 25.05.2018
25.05.2018 | ENHL: Small shareholders asking for distribution of RSD 657 million of profit of Energoprojekt Entel and Industrija; Serbia continues rehabilitation of roads and enhancement of traffic safety from EBRD loan – Procurement procedures to take place in 2018 and 2019; Financial directors in Serbia confident about their companies doing good; SBITOP up additional 0.53%; Stocks close lower after President Trump cancels North Korea summit, European markets close lower
Dnevni izveštaj 24.05.2018
24.05.2018 | Brnabić najavila i tender za strateškog partnera za RTB; Udeo problematičnih kredita u odobrenim zajmovima - 9,2 odsto; Transportna zajednica Zapadnog Balkana počela rad - Autoput Niš-Priština jedan od prioriteta; SBITOP u plusu za 0,43%; Namera FED-a da dozvoli inflaciju iznad targeta, podigla indekse, Evropa u minusu zbog političke krize u Italiji
Daily Report 24.05.2018
24.05.2018 | Brnabic announces tender for strategic partner for RTB; Serbian banks' NPL ratio falls to 9.2% at end-March; Western Balkans Transport Community launched – Nis-Pristina highway among priorities; SBITOP up 0.43%; Stocks reverse losses, finish up after Fed minutes show willingness to let inflation run, European markets close lower amid Italian government uncertainty, trade jitters
Dnevni izveštaj 23.05.2018
23.05.2018 | MTLC: Konsolidovani neto profit Metalca za 2017. umanjen za 13%; AERO: Potpisan Sporazum o vazdušnom saobraćaju sa Kanadom; Azvirt i na obilaznici oko Beograda - Azerbejdžanski investitori zainteresovani za izgradnju luksuznih hotela u Srbiji; SBITOP korigovan za 0,11%; Dow izgubio skoro 200 poena nakon izjave Trampa da se samit sa Severnom Korejom verovatno neće održati, Evropa u plusu svođena rastom akcija proizvođač automobila
Daily Report 23.05.2018
23.05.2018 | MTLC: Metalac reported 13.1% drop in FY 2017 consolidated net profit, on appearance of financial loss; AERO: Agreement on Air Transport signed with Canada; Azvirt to work on bypass route around Belgrade – Azerbaijani investors interested in building luxury hotels in Serbia; SBITOP down 0.11%; Dow drops nearly 200 points after Trump says he's not satisfied with China trade talks, North Korea summit may not happen, Europe closes higher amid earnings, autos gain on China tariff cut, Altice rallies 19%
Dnevni izveštaj 22.05.2018
22.05.2018 | Izvesno poskupljenje goriva od oko 10 odsto; Počinje izgradnja gasovoda Niš-Sofija; MTLC: Metalac danas objavljuje konsolidovane podatke za 2017.; SBITOP dobio 0,19%; Ublaženi intenzitet trgovinskih tenzija SAD-Kina, pogurao Dow za 300 poena, Evropa u plusu iz istog razloga
Daily Report 22.05.2018
22.05.2018 | Price of fuel in Serbia to go up by max. 10%; Nis-Sofia gas pipeline "sooner than planned"; MTLC: Metalac to report consolidated numbers for 2017 today; SBITOP up 0.19%; Dow closes about 300 points higher as US-China trade war is placed 'on hold', Europe closes higher as trade war concerns ease, Italian stocks lower
Dnevni izveštaj 21.05.2018
21.05.2018 | NBS: Inflacija će ostati niska i stabilna, rast BDP-a oko 3,5%; IMF, Serbia agree on key elements of new programme; Kompanija Fintel uložiće još 300 miliona evra u vetroparkove u Srbiji; SBITOP korigovan za 0,3%; S&P500 i Nasdaq u crvenom, zbog i dalje prisutnih trgovinskih tenzija SAD-Kina, Evropa u minusu iz istog razloga
Daily Report 21.05.2018
21.05.2018 | Inflation low and stable, NBS says; MMF i Srbija se složili oko ključnih stavki novog aranžmana; Italy's Fintel Serbian unit to invest 300 mln euro in five years - CEO; SBITOP down 0.3%; S&P 500 and Nasdaq close lower as US-China trade tensions remain, European markets close lower amid US-China trade news, Glencore down 4.4%