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 17.08.2018
17.08.2018 | NBS: Kriza u Turskoj neće ugroziti finansijsku stabilnost u Srbiji; Državne firme duguju EPS-u oko 200 miliona EUR - Na vrhu liste RTB Bor i Železara Smederevo; JESV: Jedinstvo Sevojno objavilo stabilne prihode i nešto veći neto profit za prvih šest meseci; Prosečna neto plata u Sloveniji porasla u junu realno za 0,6%; Dow u plusu 1,58% nakon nagoveštaja pregovara SAD-Kina, Evropa u plusu
Daily Report 17.08.2018
17.08.2018 | NBS: Serbia to remain unaffected by Turkish lira crisis; State companies owe EPS around EUR 200 million – List topped by RTB Bor and Zelezara Smederevo; JESV: Jedintsvo reported flat sales in 1H 2018; Slovenia's real average net wage growth unchanged in June; Dow posts biggest jump since April after US and China say trade talks to resume, European stocks closed higher on fresh trade talks between China and the US
Dnevni izveštaj 16.08.2018
16.08.2018 | NBS revidirala procenu rasta BDP-a u 2018. na četiri odsto; AERO: Aerodrom Beograd ostvario manje povećanje profita u prvih šest meseci tekuće godine; ENHL: Energoprojekt objavio dramatičan pad prihoda i neto dobiti prvih šest meseci tekuće godine; INA-i produžena licenca na koncesiji u Egiptu do 2023. godine; Dow izgubio preko 100 poena usled velikog pada na Macy-u, Evropa u minusu zbog Turske
Daily Report 16.08.2018
16.08.2018 | Serbian c-bank raises 2018 GDP growth forecast to 4.0%; AERO: Belgrade Airport reports symbolic jump in 1H 2018 net profit; ENHL: Energoprojekt reported poor 1H performances; Croatia's INA gets extension of licence at Ras Qattara concession in Egypt; Dow falls more than 100 points as tech stocks and Macy’s slide, European stocks close lower as Turkey crisis weighs on sentiment
Dnevni izveštaj 15.08.2018
15.08.2018 | Za PKB zainteresovana jedna firma, za RTB sedam; MTLC: Metalac posuđe ostvarilo rast prihoda u prvom polugođu od 3,5%; Pad turske lire imaće samo indirektan uticaj na Srbiju; SBITOP se oporavio 0,12%; Dow skočio preko 100 poena nakon stabilizacije lire, Evropa bez većih promena
Daily Report 15.08.2018
15.08.2018 | One company interested in PKB, seven eyeing RTB Bor; MTLC: Metalac cookware unit posted symbolic sales growth in 1H 2018; Crisis with lira will not affect Serbia directly; SBITOP gained 0.12%; Dow jumps more than 100 points, snaps 4-day slide as Turkish lira rebounds from record low, European markets close unchanged after an initial rebound from Turkey fears
Dnevni izveštaj 14.08.2018
14.08.2018 | NBS: Međugodišnja inflacija u julu 2,4%; Povišice plata i penzija i bez rebalansa budžeta; U 2019. počinje gradnja autoputa prema Prištini; Agrokor posluje iznad planova, Konzum na putu oporavka; Kriza u Turskoj i dalje negativno utiče na indekse u SAD i Evropi
Daily Report 14.08.2018
14.08.2018 | NBS: Annual inlfation in July at 2.4%; Salary and pension raises possible even without budget rebalance; Construction of highway towards Pristina to start in 2019; Croatia's Konzum posts 1H EBITDA above plan; Dow drops more than 100 points, posts 4-day losing streak as Turkey crisis continues to rattle investors, Europe closes under pressure as Turkey's deepening economic crisis sparks contagion fears, Bayer tanks 10.3%
Dnevni izveštaj 13.08.2018
13.08.2018 | NBS: Devizne rezerve u julu 11,4 milijarde EUR; Autoput za Republiku Srpsku i BiH da ide preko Šida; Moguće novo poskupljenje struje do kraja godine; EK odobrila Sloveniji prodaju NLB banke; Finansijska kriza u Turskoj oborila globalne berze u petak
Daily Report 13.08.2018
13.08.2018 | NBS: FX reserves in July at EUR 11.4bn; Highway to Republika Srpska and B&H to go through Sid; New arrangement with IMF conceals electricity price increase; EC approves Slovenia's plan to sell 75% minus one share of NLB by end-2019; Dow drops about 200 points as financial crisis in Turkey spooks global markets, Europe markets close lower on Turkey concerns, banks fall, Novozymes down 3%