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 22.06.2018
22.06.2018 | AERO: Tri kompanije odlažu nove letove do Beograda - Qatar Airways odustao od dodatnog termina; NBS će popisati sve usluge koje nude banke u Srbiji; ENHL: Energoprojekt i Strabag u konkurenciji za rekonstrukciju Trga republike - Posao vredan 7,5 miliona EUR; Porsche kupio 10% udela u hrvatskoj kompaniji Rimac Automobili; Dow u minusu 200 poena, Evropa prati silazni trend
Daily Report 22.06.2018
22.06.2018 | AERO: Three companies postpone new air service to Belgrade – Qatar Airways gives up on additional flight; NBS to list all services offered by banks in Serbia; ENHL: Energoprojekt and Strabag will compete for Republic square reconstruction; Porsche takes 10% stake in Croatian company Rimac Automobili; Dow drops about 200 points on trade worries, extends losing streak to 8 days, European stocks close lower as OPEC meets, BOE holds rates steady
Dnevni izveštaj 21.06.2018
21.06.2018 | AERO: Komisija za zaštitu konkurencije odobrila koncesiju Aerodroma Nikola Tesla; Deficit platnog bilansa povećan na 870 miliona EUR; Građevinske kompanije iz Srbije najviše radova izvele u Rusiji - Ukupna vrednost poslova u inostranstvu 36,5 milijardi dinara; Sberbanka će biti vlasnik 39,2% Agrokora - Poverioci jednoglasno podržali nagodbu; Facebook i Netflix pogurali Nasdaq do novog rekorda, Evropa uglavnom u plusu, OPEC u fokusu
Daily Report 21.06.2018
21.06.2018 | AERO: Commission for Protection of Competition approves concession of Nikola Tesla Airport; Serbian 4 months CA gap reached EUR 870m; Construction companies from Serbia active in Russia mostly – Total value of works carried out abroad amounts to RSD 36.5 billion; Sberbank to own 39.2% of Agrokor – Creditors unanimously support agreement; Nasdaq posts record close as Facebook and Netflix rise to all-time highs, Europe ends on a mixed to positive note as trade war fears rumble on, OPEC in focus
Dnevni izveštaj 20.06.2018
20.06.2018 | SJPT: Akcije Sojaproteina skinute sa listinga Beogradske berze; ALFA: Skupština Alfa plama odobrila dividendu od 1.000 dinara po akciji; Nemačke firme sve više traže dobavljače iz Srbije; Petrol planira prodaju do 2022. od pet milijardi eura; Dow izgubio oko 300 poena nakon pretnji Trampa da će uvesti nove tarife za kinesku robu, Evropa u minusu iz istog razloga
Daily Report 20.06.2018
20.06.2018 | SJPT: Sojaprotein shares excluded from Belgrade Stock Exchange listing; ALFA: Alfa Plam GM approves dividend of RSD 1,000 per share; German firms increasingly looking for Serbian suppliers; Slovenia's Petrol targets cons net profit of 116 mln euro in 2022; Dow tumbles about 300 points, wipes out gains for year, as Trump directs more tariffs at China, European stocks end on a gloomy note
Dnevni izveštaj 19.06.2018
19.06.2018 | Kreditni rejting Srbije za dugoročno zaduživanje u domaćoj i stranoj valuti na nivou BB; Aerodrom Nikola Tesla zakazao skupštinu akcionara za 9. jul - Glavna tačka odluka o odobravanju koncesije; Etihad se ne povlači iz vlasništva u Air Serbia - Mogući letovi iz Beograda ka Pekingu i Kanadi; MK Group i dalje zainteresovana za Budvansku rivijeru - U planu i hoteli sa pet zvezdica; Trgovinske tenzije obaraju Dow peti dan zaredom, Evropa u minusu, uhapšen direktor Audija
Daily Report 19.06.2018
19.06.2018 | Long-term foreign and local currency sovereign credit ratings on Serbia kept at BB; Nikola Tesla Airport schedules GM for July 9 – Concession approval main item on the agenda; Etihad not to withdraw from Air Serbia – Flights from Belgrade to Beijing and Canada possible; MK Group still interested in Budvanska Rivijera – Five-star hotels planned as well; Dow posts 5-day losing streak on lingering US-China trade tensions, European markets close lower as trade tensions rise, VW shares slip on Audi boss arrest
Dnevni izveštaj 18.06.2018
18.06.2018 | Sino-China Investment Group spremio milijardu dolara za finansiranje projekata u Srbiji; Skupština Srbije izabrala Jorgovanku Tabaković za guvernera NBS; Fijat i železara i dalje najveći izvoznici; EU povećava pretpristupnu pomoć za Zapadni Balkan - Najavljen fond od 14,5 mlrd EUR za period od 2021. do 2027.; Nove trgovinske tenzije SAD-Kina oborile indekse na Wall Streetu u petak, Evropa takođe u minusu
Daily Report 18.06.2018
18.06.2018 | Chinese group mulls 1 bln euro Serbia-focused investment fund - report; Serbian parliament confirms Tabakovic as central bank chief; Serbia’s top 15 report 1.9 billion Euro in exports; EU to raise pre-accession help to Western Balkans – Fund of EUR 14.5 billion announced for 2021-2027 period; Stocks cut losses as Wall Street shrugs off trade-war fears, European markets close lower after ECB-fueled rally, Rolls-Royce ends nearly up 8%