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 10.12.2018
10.12.2018 | ENHL: Energoprojekt ugovorio nove poslove u Peruu vredne 9,3 miliona EUR; Ubrzo završetak pregovora Rusije sa Srbijom o povlašćenoj trgovini; Usvojen budžet za 2019.; Sberbank prodaje svoj udeo u Agrokoru - Kompanija perspektivna za arapske investitore; Novi minusi na Wall Streetu, Evropa u plusu
Daily Report 10.12.2018
10.12.2018 | ENHL: Energoprojekt reported two new contracts form Peru, worth EUR 9.3m; Negotiations between Russia and Serbia on preferential trade to be completed soon, Putin says; National Assembly adopts Serbia's state budget for 2019; Sberbank to sell its Agrokor stake – Arab investors interested; Dow rebounds from 780-point plunge, ends day just slightly lower on report Fed may pause hikes, European markets close at 2-year low, Stoxx 600 slips 3.3 percent, European markets close higher to cap wild week, Fresenius SE shares tank 17%
Dnevni izveštaj 07.12.2018
07.12.2018 | NBS: Referentna kamatna stopa zadržana na nepromenjenom nivou; Kvota za izvoz govedine u Tursku od 2019. veća za 40%; AERO: Francuski ASL Airlines otvara liniju Beograd – Pariz; RTB Bor za sedam odsto povećao izvoz u odnosu na prošlu godinu; Dow u blažem minusu nakon najave da će FED možda pauzirati podizanje kamatne stope, Evropske berze blizu dvogodišnjeg minimuma
Daily Report 07.12.2018
07.12.2018 | NBS: Key policy rate unchanged; Quota for export of beef to Turkey to be higher by 40% from 2019; ASL Airlines France to operate Paris – Belgrade flights during next summer; Serbia’s RTB Bor increases exports; Dow rebounds from 780-point plunge, ends day just slightly lower on report Fed may pause hikes, European markets close at 2-year low, Stoxx 600 slips 3.3 percent
Dnevni izveštaj 06.12.2018
06.12.2018 | Nema razloga da vlada preispituje odluku Telekoma o kupovini Kopernikusa; Konzorcijum rekonstruiše brodsku prevodnicu "Đerdapa 1"; Razmena Italije i Srbije stiže do rekordne 4 milijarde evra; Al Dahri odobrena kupovina PKB i zavisnih preduzeća; Berze u SAD zatvorene, Evropa opet u solidnim minusima
Daily Report 06.12.2018
06.12.2018 | No reason for the government to question the decision of Telekom on the purchase of Kopernikus; Germany's DSD Noell to reconstruct Serbia's Djerdap 1 HPP ship locks; Trade between Italy and Serbia could reach 4bln euro by year end; Al Dahra given official approval to take over PKB; NYSE closed; European stocks fall more than 1 percent amid rising trade war fears
Dnevni izveštaj 05.12.2018
05.12.2018 | Srbija za dan smanjila javni dug za milijardu dolara; Od sledeće godine i dileri obaraju javni dug Srbije; Kineska kompanija Ziđin zvanično preuzima RTB Bor 18. Decembra; Grupa NLB: Neto dobit u devet meseci pala 14%; Dow u teškom minusu zbog strahovanja od recesije, Evropa u minusu
Daily Report 05.12.2018
05.12.2018 | Serbia reduces public debt by USD 1 billion in a day; Dealers to contribute to reduction of Serbia's public debt from 2019; China's Zijin to officially take over RTB Bor on December 18; Slovenia's NLB Group posts 14% drop in Jan-Sept after-tax profit; Dow plunges nearly 800 points on rising fears of an economic slowdown, Autos drag European markets lower amid worries over US-China trade truce
Dnevni izveštaj 04.12.2018
04.12.2018 | AERO: Povećan broj putnika na Aerodromu Nikola Tesla - Neto dobit u prvih 11 meseci porasla za 2%; EPS-ova struja za privredu poskupljuje 20%; Srbija dostavila dokumente za Turski tok - Izgradnja gasovoda do decembra 2019. godine?; Svetska Banka izdvaja 200-300 miliona EUR za projekte u Srbiji; Dow skočio preko 250 poena nakon dogovora SAD i Kine od prekidu trgovinskih tenzija u narednih 90 dana, Evropa u plusu, vođena skokom na automobilima i rudarskim kompanijama
Daily Report 04.12.2018
04.12.2018 | AERO: Number of passengers at Nikola Tesla Airport increases – Net profit in first 11 months grows by 2%; EPS to start charging companies 20% more for electricity; Serbia submits documents for TurkStream – Gas pipeline to be built by December 2019?; World Bank preparing to invest up to 300 mln euro in 4 projects in Serbia in 2019; Dow jumps more than 250 points on US-China trade truce, Miners and autos surge 4% as European stocks rally