Daily Report 06.08.2018
Datum objave: 06.08.2018
Negotiations about minimum wage to start soon – Unions requesting increase by RSD 5,000
The unions will request for the minimum monthly wage to be increased by RSD 5,000 and expect the state to agree to an increase by RSD 2,500 in the negotiations which are to start in 10 days, Blic reports. Employers, however, are offering less. The minimum wage is currently RSD 24,882 and is paid to 350,000 workers in Serbia.
Serbia to auction 11.5 bln dinars (97.5 mln euro) of 10-yr T-notes on Aug 7
Serbia's finance ministry said it will offer 11.5 billion dinars ($113.2 million/97.5 million euro) of ten-year Treasury notes at an auction on August 7 in a reopening of the issue. The T-notes carry a coupon of 5.875% paid annually and will mature on February 8, 2028, the finance ministry said in a statement. The government securities were last auctioned on July 6, when the finance ministry raised 6.8 billion dinars, below its target of 18.3 billion dinars, at an average weighted yield of 4,85%.
Construction and agriculture biggest driving forces behind Serbian economy
In the first six months of this year, Serbian GDP grew by 4.5% and with the construction and agriculture being the main driving forces behind the country’s economic growth – economic analysts say. Economist Mladjen Kovacevic agrees that the two sectors contributed most to the economic growth. The first half of the year was exceptionally favourable for agriculture with the total production being considerably higher than in 2017. Also, it is also extremely favourable for the development construction. Climatic conditions went hand-in-hand, especially in February and March, which meant more work was done and more investments have been made”, Kovacevic underlines.
Croatia to postpone cut in general VAT rate until 2020
Croatia's government said it would wait until 2020 to cut the general value added tax (VAT) rate from its current level of 25%, one of the highest in the EU. Instead, the government will slash to 13% the VAT rate on certain items such as fresh meat, fish, fruit, vegetables and diapers, the government said in a statement on Thursday. The Croatian government had earlier planned to cut the VAT rate to 24% from January 1, 2019.
Dow rises more than 100 points as Apple adds to its $1 trillion market cap, European stocks close higher on earnings
The Dow Jones Industrial Average rose on Friday, led by gains in Apple and IBM, as investors pored through newly proposed tariffs on U.S. goods by China and fresh jobs data.
The 30-stock index gained 136.42 points to close at 25,462.58 as Apple rose 0.3 percent, adding to its market cap of more than $1 trillion. Meanwhile, the S&P 500 gained 0.5 percent to 2,840.35 as consumer staples outperformed. The Nasdaq Composite advanced 0.1 percent to 7,812.01.
China said Friday it will slap tariffs on $60 billion in U.S. goods, with charges ranging from 5 percent to 25 percent. Many of the goods are agricultural-related, with others on various metals and chemicals. The action would be in response to increasingly protectionist policies taken by the U.S. on trade.
The U.S. economy added 157,000 jobs last month, the Labor Department said Friday. Economists polled by Reuters expected a gain of 190,000.
Stocks in Europe moved higher Friday as investors digested further corporate earnings and news that Apple's valuation had hit $1 trillion. The pan-European Stoxx 600 was provisionally higher by 0.67 percent with almost every sector rising supported by solid corporate results.
Royal Bank of Scotland rose 2.9 percent after reporting its latest results. The bank said it was on track to deliver its first dividend in 10 years. French lender Credit Agricole also saw shares jumping in early trade after reporting a 6.4 percent rise in net profit. Shares in the bank rose 2.55 percent.
Euro zone retail sales grew for a second consecutive month in June, despite a pick-up in energy prices. The Eurostat said Friday that retail sales rose 0.3 percent in June from May and 1.2 percent higher on the year.
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