Weekly Overview 08.01.2018
Datum objave: 08.01.2018
The season 2018 was started with a weekly decline for indices at Belgrade Stock Exchange, on very low volume. Namely, BELEX15 was down by 0.89% w/w, led by decrease at NIS, Komercijalna and Tehnogas, while broad BELEXline was down 0.86%. Trade turnover arrived at EUR 5.7m, out of which EUR 5.5m was related to bonds.
NIS (NIIS), oil&gas company, was the most trade stock with RSD 12.8m in volume. The stock was among major decliners with 1.8% w/w drop, but we saw no major news on this name.
Belgrade Airport (AERO) delivered only RSD 2.5m in trade volume but it was second most traded stock anyway. The stock price was down by light 0.6% w/w, but we expect it to be in an investors focus this week, while price may jump, given the fact that story about concession was finally ended last weekend. Namely, Serbia has awarded Vinci a 25-year concession to run Belgrade’s Nikola Tesla airport, giving the French infrastructure group a foothold in southeast Europe for its growing airport division. Vinci, Europe’s biggest construction and concessions company, offered to pay EUR 501m (USD 603m) for the concession and pledged to invest another EUR 732m over the 25 years, Serbian President Aleksandar Vucic said on Saturday. He added Vinci had committed to keep all employees currently working at the airport. Vinci, which did not disclose financial terms, later said its Vinci Airports unit expected to sign the concession contract during the first quarter and take over operations by the end of this year after completing financing for the deal. Few days before this, the company reported 5.34m of serviced passengers in 2017, which an increase of 9% y/y, while cargo and postal service turnover jumped 40%.
Even though Tehnogas (TGAS), Alfa Plam (ALFA) and Fitofarmacija (FITO) were also in a top five traded, these companies delivered only RSD 1.9m in summarized trade volume, while we saw no any events or news flow from them. Trading week was shortened, thus poor volumes were not surprising.
Dnevni izveštaj 24.04.2018
24.04.2018 | IMPL: Imol zabeležio pad profita u 2017; AERO: Sirijski Cham Wings planira letove Damask-Beograd od juna?; Cilj novog aranžmana sa MMF makrostabilnost kao osnova rasta; SBITOP otpočeo nedelju solidnim rastom; Dow neznatno korigovan, kamate rastu, Evropa u plusu, UBS izgubio skoro 3%
Daily Report 24.04.2018
24.04.2018 | IMPL: Impol Seval delivered 37% y/y drop in FY 2017 consolidated net profit; AERO: Syria's Cham Wings planning Damascus-Belgrade flights from June?; Macro-stability as goal of new arrangement with IMF; SBITOP gained 0.89% yesterday; Dow posts 4-day losing streak as tech falls, rates rise, European markets close higher amid earnings, UBS down by almost 3%
Dnevni izveštaj 23.04.2018
23.04.2018 | NIIS: NIS objavljuje rezultat za prvi kvartal u petak 27.aprila; RTB za tri meseca 2018. izvezao 7.523 tone bakra - U inostranstvu prodata roba vredna 54,3 mil USD; Platni deficit Srbije umanje u prva dva meseca 2018.; LKPG: Godišnji zaveštaj Luke Koper biće objavljen u četvrtak; KRKG: Krka se probija na kinesko tržište; Potcenjenost akcija slovenačkih kompanija i dalje postoji; Performanse slovenačkog tržišta kapitala od početka godine sasvim dobre; Poverenje potrošača u Sloveniji; Pad na Applu povukao indekse u petak, Evropa u blagom minusu, Eriscsson skočio 17,5%
Daily Report 23.04.2018
23.04.2018 | NIIS: NIS to report 1Q18 numbers of Friday, 27th April, after the market close; RTB Bor exports 7,523 tons of copper in three months of 2018 – Goods worth USD 54.3 million sold abroad; Serbia's Jan-Feb c/a gap narrows slightly; LKPG: We are all waiting for Luka Koper’s 2017FY report!; KRKG: Krka takes on China sales!; Undervaluation of market prices on Slovenian market persists; Good YTD performance of Slovenian market; Consumer confidence up in April; Dow tumbles about 200 points as Apple drags tech lower, Europe ends slightly lower amid fresh earnings, Ericsson jumps 17.5%
Nedeljni pregled 16.04.-20.04.2018
23.04.2018 | BELEX15 se stabilizovao, država prodala udeo u uljari Sunce
Weekly overview 16.04.-20.04.2018
23.04.2018 | BELEX15 stabilizes, Serbia sod list stake at Sunce, edible oils&fats Company
Dnevni izveštaj 20.04.2018
20.04.2018 | Delegacija Srbije na Prolećnom zasedanju Međunarodnog monetarnog fonda i Svetske banke; Javni dug do kraja 2018. godine manji od 52% BDP-a; AIK banka dobila rok do kraja aprila za preuzimanje Gorenjske; SBITOP korigovan za 0,1%; Indeksi na Wall Streetu u minusu nakon pada na tehnološkim akcijama, Evropa mešovita
Daily Report 20.04.2018
20.04.2018 | Serbia’s Delegation at Spring Meetings of IMF and World Bank Group; Public debt to be less than 52% of the GDP by the end of 2018; AIK Bank given end-April deadline for acquisition of Gorenjska; Slovenian SBITOP down minor 0.1%; Stocks at NYSE close lower as Apple falls, rates rise, Europe markets close mixed amid earnings, oil prices hit multi-year highs
Dnevni izveštaj 19.04.2018
19.04.2018 | MMF zadržao procenu rasta BDP-a Srbije na 3,5% u 2018.; Banke u Srbiji zaradile pola milijarde evra u 2017.; Izveštaj Evropske komisije: Tempo ka EU zavisi od napretka dijaloga; SBITOP skočio 0,25%; S&P i Nasdaq porasli nakon dobrih objava rezultata, Dow u minusu zbog pada na IBM-u, Evropa u plusu
Daily Report 19.04.2018
19.04.2018 | IMF confirms Serbia's 2018 GDP growth forecast; Banks in Serbia record ten-year high in earnings; EC’s latest report on Serbia’s progress; Slovenian SBITOP up 0.25%; S&P 500 and Nasdaq rise on earnings, but Dow closes lower as IBM falters, Europe closes in positive territory amid earnings, jump in commodities