Daily Report 12.06.2018
Datum objave: 12.06.2018
Talks with IMF begin – Serbia's public finances stable, fiscal discipline needs to be maintained
Serbian Minister of Finance Sinisa Mali and the head of the delegation of the International Monetary Fund (IMF), James Roaf, agreed yesterday in Belgrade that Serbia's public finances were stable at the moment, but that it was also necessary for the fiscal discipline to be maintained, for the reduction of the public debt to continue and for the system's institutions to strengthen. This February, Serbia ended the three-year precautionary arrangement with the IMF worth around EUR 1.2 billion, without using the money.
KMBN: Belgrade to become EBRD seat for Western Balkans – privatization of Komercijalna is discussed with the state
The vice president of the European Bank for Reconstruction and Development (EBRD), Alain Pilloux, said in conversation with Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic that Belgrade would be the regional seat of the EBRD for all the six countries of the Western Balkans. When asked whether Komercijalna Banka will be privatized, considering that the EBRD has a stake in it, he said that the matter was being discussed at the moment with the Government of Serbia. The talks between us and the Serbian authorities are in progress, so as to ensure the stability of the banking sector in Serbia. I am sorry that I can't provide you with more details – Pilloux said. The Government of Serbia, as announced earlier, has discussed the potential sale of Komercijalna Banka, in which the state owns a 41.74% stake, with its co-owners the EBRD (24.4%) and the International Financial Corporation – IFC (10%).
Fewer than 600,000 unemployed in Serbia
The director of the National Employment Service, Zoran Martinovic, said that the unemployment had dropped to below 600,000. At the moment, 594,100 people are registered. The labor market needs cooks, welders, qualified caretakers of the elderly, medical nurses.
Value of Agrokor's companies three times lower than debts – Frikom worth EUR 164.7 million, Dijamant 87 million
The value of the companies within the Agrokor concern system is three times lower than the debts, as around 140 companies have been evaluated at around HRK 18.5 billion (EUR 2.5 billion), whereas the debt amounts to HRK 57 billion (EUR 7.7 billion), Tanjug reports. The extraordinary management of Agrokor encompassed over 140 companies with its final evaluation of all the companies within the concern, and the value of the two Serbian companies owned by Agrokor, Frikom and Dijamant, has been estimated at EUR 164.7 million and EUR 87 million, the Croatian portal 24 Casa reports.
US stocks close slightly higher after turbulent G-7 meeting, European markets close higher ahead of Trump-Kim summit, Italian banks rise
U.S. stocks closed slightly higher Monday as investors shrugged off concerns over a tumultuous G-7 meeting over the weekend at which President Donald Trump lashed out at U.S. allies. The Dow Jones industrial average finished 5.78 points higher at 25,322.31, with gains in UnitedHealth, Home Depot, and Boeing offsetting losses in McDonald's and 3M. The S&P 500 rose 0.11 percent to close at 2,782 as a rise in telecommunications and consumer staples led the 11 sectors higher. The Nasdaq composite finished up 0.19 percent at 7,659.93 amid a 1.29 percent rise in shares of Facebook and a 0.72 percent gain in Google-parent Alphabet.
Investors were also looking ahead to a meeting of the U.S. Federal Reserve, due to take place on Tuesday and Wednesday. Fed Chair Jerome Powell and his colleagues are expected to announce a quarter-point increase in interest rates as it seeks to normalize monetary policy with the economy showing signs of health.
European equities closed higher Monday afternoon ahead of a historic meeting between President Donald Trump and North Korean leader Kim Jong Un. The pan-European Euro Stoxx 600 closed up 0.8 percent provisionally with almost all sectors in positive territory.
Banking stocks led the way among Europe's business sectors more broadly, closing 1.9 percent in the black as traders expect further monetary tightening from central banks this week. The Federal Reserve is due to announce its latest rate decision Wednesday and the European Central Bank is scheduled to start preparing the end of monetary stimulus Thursday.
Meanwhile, automakers were the only sector to close negatively, down 0.3 percent. Daimler closed 0.9 percent lower, trimming losses made earlier in the session. This followed a German newspaper report which said that up to 1 million vehicles contain an emissions cheating device.
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%