Daily Report 11.06.2018
Datum objave: 11.06.2018
NBS: FX reserves at the end of May at EUR 10.8bn
NBS FX reserves stood at EUR 10.8bn at end-May, up by EUR 454.0m from end-April (up by EUR 1,391.1 mn from end-May of the previous year). This level of FX reserves covered 192% 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).
Tigar and D-Company interested in cooperating with Finland’s Teknikum Group
Representatives of Tigar a.d, D-Company and Free Zone Pirot met in Finland last week, with the management of the company Teknikum Group and visited two of their factories for the production of rubber-technical goods for clients worldwide. As announced by Free Zone Pirot, the production is very compatible with the programs in Tigar a.d. and D-Company, which creates the possibility of cooperation between these companies.
Hybrid Fiat 500L to be produced in Kragujevac might cost EUR 17,000
The hybrid model of Fiat 500L, most probably to be produced at the Kragujevac plant, would cost around EUR 17,000, experts estimate for Blic. CEO of Fiat Chrysler Automobiles (FCA), Sergio Marchionne, stated last week that the production of Fiat 500L in Serbia would continue and that the model would also get a hybrid version, containing both an electric and a petrol engine.
China to Co-Own Croatian Seaport, Interested in Another
The Adriatic seaports of Zadar and Rijeka offer a new route for China to bring its goods to Europe. China will become co-owner of Croatia’s Zadar seaport and is interested in Rijeka too as a way to bring its goods to Europe, a Croatian official said on Thursday. Tomislav Mihotic, State Secretary at the Croatian Ministry of Sea, Transport and Infrastructure, made the announcement after a ministerial conference between China and countries of Central and Eastern Europe in the Chinese city of Ningbo.
Stocks rise more than 1% this week, but gains capped by trade tensions, European stocks close lower as trade tensions mount ahead of G-7 summit
Stocks rose on Friday, adding to solid weekly gains, but their rise was kept in check amid increasing tensions between the U.S. and key trade partners as the G-7 summit kicked off. The Dow Jones industrial average closed 75.12 points higher at 25,316.53, as UnitedHealth and Home Depot contributed the most to the gains. The S&P 500 gained 0.3 percent, while the Nasdaq composite closed 0.1 percent higher at 7,645.51.
In corporate news, Apple dropped 1 percent after Nikkei reported the company is warning suppliers about a sharp decline in parts orders. Despite Friday's decline, it was a solid week for Apple and the rest of the technology sector. The overall technology sector gained 0.7 percent last week, led by shares of chip maker Advanced Micro Devices and Micron, which rose more than 5.5 percent. Meanwhile, Apple is also up 0.7 percent this week.
European bourses closed lower Friday as investors were worried about world trade ahead of this weekend's G-7 meeting in Canada.The pan-European Stoxx 600 was off by more than 0.2 percent with most sectors losing value. Autos stocks were the worst performers, down 1.17 percent, as worries mounted over the impact of a potential trade war on the sector.
Looking at individual stocks, Standard Life Aberdeen dropped more than 3.6 percent after Lloyds Banking sold its remaining stake in the business. Deutsche Bank was also off by 0.68 percent after renewed reports over a potential merger with Commerzbank. Meanwhile, BT shares were up 0.99 percent after the company announced that CEO Gavin Patterson is leaving the firm.
Dnevni izveštaj 24.09.2018
24.09.2018 | Sporazum o slobodnoj trgovini Srbije i Turske na narednoj sednici turskog parlamenta; Uplata od 350 mil USD za RTB Bor se očekuje do kraja 2018.; OTP preuzima još jednu veliku banku u Srbiji?; Triglav Skladi kupio ALTA Skupinu; Dow skokom od 86 poena dosegao novi istorijski maksimum, Evropa opet u plusu
Dnevni izveštaj 21.09.2018
21.09.2018 | RTB Bor u avgustu izvezao robu u vrednosti 18,6 mil USD - Hiljadu tona bakra za Kinu; Fiskalni savet predlaže povlačenje izmena Zakona o penzijskom i invalidskom osiguranju; NBS: Blagi pad neto dobiti banaka u Srbiji; Hrvatska Erste&Steiermarkische banka izdaje 5.ogoišnje obveznice vredne 500 miliona EUR; Dow skočio preko 250 poena, Evropa opet u plusu
Daily Report 21.09.2018
21.09.2018 | RTB Bor exports goods worth USD 18.6 million in August – Thousand tons of copper for China; Fiscal Council proposes withdrawal of amendments to Law on Pension and Disability Insurance; NBS: Serbian banking sector scored flat aggregate profit in 1Q18; Croatia's Erste&Steiermarkische Bank to issue 500 mln euro 5-yr bond; Dow rallies more than 250 points to first record close since January, Europe rises by the close as concerns over trade spats wane
Dnevni izveštaj 20.09.2018
20.09.2018 | Prva faza kinesko-srpskog industrijskog parka u Smederevu biće završena 2020. - Na 400 hektara posao za 20.000 ljudi?; Novih 20 mil EUR za MSP u Srbiji kroz sporazum EBRD i Addiko banke; Ruski trgovinski lanci dogovorili uvoz hrane iz Srbije; United grupi u Sloveniji naloženo da proda Sport klub; Banke vodile rast indeksa na NYSE, Evropa u plusu
Daily Report 20.09.2018
20.09.2018 | First phase of Chinese-Serbian industrial park in Smederevo to be completed in 2020 – Jobs for 20,000 people on 400 hectares?; New EUR 20 million for SMEs in Serbia through agreement between EBRD and Addiko Bank; Russian retail chains contract import of food from Serbia; Slovenia's competition agency orders United Group to dispose of Sport Klub channels; Dow jumps more than 150 points as Goldman and JP Morgan lead bank shares higher, Europe ends on a high note as investors brush off trade dispute
Dnevni izveštaj 19.09.2018
19.09.2018 | IFC investirao 190,5 mil EUR u Srbiju u fiskalnoj 2018.; Fijat ostaje u Srbiji, stižu novi modeli; Potpisan ugovor o finansiranju izgradnje obilaznice oko Beograda - Vrednost deonice od Ostružničkog mosta do Bubanj potoka 207 mil EUR; Ziđin planira da proizvodnju u Boru poveća tri do četiri puta; Dow skočio 185 poena pošto trenutni tarifni potezi na relaciji SAD-Kina ne izgledaju strašno koliko se očekivalo, Evropa tek u blagom plusu
Daily Report 19.09.2018
19.09.2018 | IFC invests EUR 190.5 million in Serbia in fiscal year 2018; Fiat to stay in Serbia, and is prepping new model; Agreement on funding of construction of bypass route around Belgrade signed – Section from Ostruznica Bridge to Bubanj Potok worth EUR 207 million; Zijin to double Serbia's RTB Bor output in three years; Dow surges 185 points as latest US-China trade barbs are not as bad as feared, Europe holds steady by the close as US-China trade conflict escalates
Dnevni izveštaj 18.09.2018
18.09.2018 | MMF: Srbija sama privukla više od polovine direktnih investicija u regionu; ENHL: Energoprojekt ugovorio dva nova posla u Srbiji; Kineska kompanija CRBC gradiće koridor kroz Frušku goru? - Opcije kredit i koncesija; Potpisan sporazum o investiciji Shandong Linlonga u Zrenjaninu; Wall Street u minusu nakon sve izvesnijih novih carinskih akcija SAD protiv Kine, Evropa u mešovitom tonu, H&M skočio 16,6%
Daily Report 18.09.2018
18.09.2018 | IMF: Serbia alone counts for more than half of total FDI stock in the region; ENHL: Energoprojekt contracted RSD 1.3bn worth jobs in Serbia; Chinese company CRBC to build corridor through Fruska Gora? – Options include credit and concession; Serbia signs investment agreements with China's Shandong Linglong, Zijin - finmin; Stocks fall after Trump says US-China trade announcement coming after the bell, Europe ends on a muted note as fresh tariff threats linger, H&M climbs 16.6%
Dnevni izveštaj 17.09.2018
17.09.2018 | RZS, NBS: Međugodišnja inflacija u avgustu 2,6%; NBS: Devizne rezerve 11,3 milijarde EUR; Al Dahra i zvanično jedini ponuđač za PKB - Otvaranje finansijske ponude naknadno; Inflacija u HR ostaje na 2,1% u avgustu; S&P500 završio petak u plusu vođen rastom na proizvođačima čipova, Evropa takođe u plusu