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 19.07.2018
19.07.2018 | Raspisan tender za RTB Bor; NBS: Dobit banaka u Srbiji na kraju 2017. godine 68,7 milijardi dinara; U prvoj polovini 2018. izdato 45.000 elektronskih građevinskih dozvola; SBITOP u plusu od 0,34%; Indeksi u Americi i Evropi u plusu, objave rezultata u primarnom fokusu
Daily Report 19.07.2018
19.07.2018 | Tender for RTB Bor opens; NBS: Profit of banks in Serbia amounts to RSD 68.7 billion at end-2017; First half of 2018 sees 45,000 electronic building permits issued; SBITOP up 0.34%; Stocks rise as Morgan Stanley and CSX surge on earnings, European stocks close higher as well
Dnevni izveštaj 18.07.2018
18.07.2018 | Telekom Srbija planira kupovinu kablovskih operatera; Delta Holding i dalje čeka dozvole za realizaciju tri projekta u Beogradu vredna 400 mil EUR - Prihod kompanije 30,1 milijardi dinara u prvoj polovini 2018.; Izvoz Srbije u 2017. porastao 12,1 odsto, a uvoz za 13,6%; SBITOP izgubio 1%; Nasdaq na novom rekordu poguran skokom na Amazonu, Evropski indeksi u plusu
Daily Report 18.07.2018
18.07.2018 | Telekom Srbija planning purchase of cable operators; Delta Holding still waiting for permits for realization of three projects in Belgrade worth EUR 400 million – Company's 1H 2018 revenues amount to RSD 30.1 billion; Serbia's exports up 12.1% in 2017, imports up 13.6%; SBITOP down 1%; Nasdaq hits all-time high after Amazon reaches record, Netflix rebounds well off lows, European stocks close higher amid earnings
Dnevni izveštaj 17.07.2018
17.07.2018 | Za smanjenje poreza na zarade država razmatra tri opcije; Ulaganja u IT u Srbiji 62 EUR po stanovniku - U Evropi prosek i do 800 EUR; U Ljubljani zvanično otvoren srpsko-slovenački poslovni klub - Robna razmena dve zemlje premašila milijardu evra; Slovenija opet kreće s privatizacijom Nove Ljubljanske banke; Dow u plusu poguran rastom na akcijama banaka, Evropa u minusu nakon sastanka Tramp-Putin, objave u fokusu
Daily Report 17.07.2018
17.07.2018 | State considering three options for earnings tax reduction; Investments in IT in Serbia at EUR 62 per capita – European average up to EUR 800; Serbian-Slovenian business club officially opens in Ljubljana – Trade between two countries exceeds EUR 1 billion; Slovenia to launch IPO of lender NLB in 2018; Financials lead Dow higher after better-than-expected earnings from Bank of America, European stocks close lower as Trump and Putin meet, earnings season in focus
Dnevni izveštaj 16.07.2018
16.07.2018 | Uskoro manji porez na zarade; Javni dug Srbije na kraju maja porastao na 59,9 odsto BDP-a; FCA najveći izvoznik Srbije u prvih šest meseci; Luka Koper povećala prihode za 6% u prvom polugođu 2018; Nasdaq na novom rekordu nakon skoka na Amazonu, Evropa u simboličnom plusu
Daily Report 16.07.2018
16.07.2018 | Lower income tax as of 2019; Serbia’s public debt rises in May; FCA tops list of Serbian exporters; Luka Koper reports 6% higher revenues for 1H 2018; S&P 500 posts best close since February, Nasdaq inches to record as Amazon gains, European markets close slightly higher amid global trade fears
Dnevni izveštaj 13.07.2018
13.07.2018 | NBS: Međugodišnja inflacija u junu 2,3%; NBS: Referentna kamatna stopa zadržana na nepromenjenom nivou; TIGR: Pirotski Tigar počeo proizvodnju 15.000 pari čizama za finsku vojsku; Poljski LOT kupuje Croatia Airlines?; Facebook i Amazon vodili Nasdaq do novog rekorda, Evropa u plusu nakon pada od prekjuče
Daily Report 13.07.2018
13.07.2018 | NBS: Annual inflation in June at 2.3%; NBS: No change in key policy rate; TIGR: Tigar Pirot starts production of 15,000 pairs of boots for Finnish army; Polish LOT to purchase Croatia Airlines?; Nasdaq rises to all-time high as Amazon and Facebook hit records, European markets close higher after latest trade war jolt