Daily Report 15.05.2018
Datum objave: 15.05.2018
NBS: Annual inflation in April at only 1.1%
According to data of the Serbian Statistical Office, April saw a 0.4% rise in consumer prices. Monthly inflation was almost fully driven by rising prices of fresh vegetables, clothes and footwear and petroleum products. Annual inflation remained on a downward path, in line with the NBS expectations, at 1.1% in April. Annual core inflation (CPI excluding the prices of food, energy, alcohol and cigarettes) remained low and stable at 0.8% in April, the same as in the month before.
MTLC: Metalac reported non-consolidated numbers for 1Q18 – cookware unit posted 7.7% higher sales, export into Russia down
Metalac (MTLC) reported only non-consolidated numbers for 1Q18 as usual. Apart from this the company also reported some numbers for dependent units. Major production unit, Cookware, posted 7.7% higher sales and 5.4% higher gross profit. On the other side, export into Russia, performed over the daughter unit called Metrot is down 15% y/y, probably due to unfavorable FX rate.
Source: Belex, Ilirika
Public debt of Serbia at 59% of GDP at end-March
The public debt of Serbia amounted to around EUR 23.72 billion at the end of March 2018, amounting to 59% of the gross domestic product (GDP), as announced by the Ministry of Finance. At the end of February, the public debt amounted to EUR 23.34 billion, making up 57.9% of the GDP. The public debt of Serbia was EUR 23.22 billion, that is, 61.5% of the GDP, at the end of 2017.
SBITOP started the week with 0.53%
SBITOP index started the week with 0.535 advance. All traded names from first quotation were in green or flat. Daily gainer is Luka Koper with 2.63% jump, while Telekom Slovenije was a top traded name, with 587ths EUR in volume.
Source: LJSE, Ilirika
Stocks rise as US-China trade concerns abate, Europe shares close mixed
Stocks traded higher on Monday amid hopes of a potential breakthrough in trade tensions between the U.S. and China, the world's two largest economies. Dow gained 0.29%, while S&P500 was up small 0.09%. Nasdaq was up 0.11%.
In corporate news Monday, Xerox fell more than 5.5 percent after the company abandoned a $6.1 billion deal with Japanese firm Fujifilm as part of a settlement between Carl Icahn and Darwin Deason.
European stocks closed mixed Monday afternoon as investors focused on Italian politics, trade relations between the U.S. and China, and a dip in oil prices. The pan-European Stoxx 600 closed down 0.05 percent. While major bourses and most sectors were in the red, strong performances from the health care and travel sectors boosted the broader index.
In corporate news, the Portuguese energy firm EDP rose 9 percent by the end of Monday's trade after the Chinese group Three Gorges presented a takeover bid.
ABN Amro fell to the bottom of the index, closing 6 percent lower as the Dutch bank's first-quarter profits took a hit from larger-than-expected loan impairments.
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%