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 19.01.2018
19.01.2018 | NIIS: NIS planira da uloži 140 miliona EUR u vetropark Plandište; Vrednost infrastrukturnih radova u Srbiji u 2017. povećana 112%; EK finansira izlazak kompanija iz Srbije i regiona na vanevropska tržišta - Klaster železnica jugoistočne Evrope realizuje projekat PERES; SBITOP dogurao do 831,3 poena – najviša vrednost u ovoj godini; Dow izgubio skoro 100 poena zbog mogućeg „zatvaranja vlade“, Evropa završila u plusu posle otvaranja na NYSE
Daily Report 19.01.2018
19.01.2018 | NIIS: Serbia's NIS to invest EUR 140m in wind farm construction, CEO says; Value of infrastructural works in Serbia in 2017 higher by 112%; EC to finance penetration of out-of-Europe markets by companies from Serbia and region – RCSEE to realize PERES project; SBITOP at 831.33 points, which is the highest value this year; Dow closes nearly 100 points lower as concern over government shutdown looms, Europe stocks close higher after Wall Street open
Dnevni izveštaj 18.01.2018
18.01.2018 | Moguć i veći rast BDP-a u Srbiji od 3,5%; Ne prodaje se kragujevački Fiat - Italijansko-američka kompanija ne planira da prepusti brendove Kinezima; AERO: Novac od koncesije Aerodroma Nikola Tesla za strateške ciljeve i otplatu skupih kredita?; Budžetski deficit Slovenije umanjen, investicije u porastu; Slovenački građevinski sektor među najbrže rastućim u EU; Mlino dogurao do 77,55% u Mlinotestu; Dow po prvi put zatvoren iznad 26.000, Evropa u minusu
Daily Report 18.01.2018
18.01.2018 | Serbian GDP may grow up to 3.5% in 2018, FM says; Fiat Kragujevac not to be sold – Italian-American company not planning to let Chinese acquire brands; AERO: Money from concession of Nikola Tesla Airport to be used for strategic goals and repayment of expensive loans?; Budget deficit down and investments up in Slovenia; Slovenian construction sector with one of the highest growths in EU; Mlino holds 77.55 percent share of Mlinotest
Dnevni izveštaj 17.01.2018
17.01.2018 | AERO: Poljski LOT povećava broj letova ka Beogradu i Zagrebu; Investitori sa Dalekog istoka sve više zainteresovani za Srbiju - Japanski premijer u poseti Beogradu, održan i susret privrednika dve zemlje; ENHL: Država tužila većinskog vlasnika Energoprojekta; Perspektive bankarskog sektora u CEE su dobre; PRVA GRUPA dd i Prva oseba nameravaju da preuzmu 25%+1 akciju u Dežalnoj Banci Slovenije; Dow u minusu nakon dosezanja novog rekorda, Evropa u blagom plusu
Daily Report 17.01.2018
17.01.2018 | AERO: Poland's LOT to increase number of flights to Belgrade and Zagreb; Interest in Serbia growing among investors from Far East – Japanese Prime Minister visiting Belgrade, meeting between businessmen of both countries held as well; ENHL: Serbian state undertakes legal action against Energoprojekt’s new owner; Good prospects for banking sector in Central and Eastern Europe according to Unicredit; PRVA GROUP d.d. and Prva oseba zavarovalnica d.d. announced the intention to buy 25 percent + one stock share in Deželna Banka Slovenjie d.d.; Despite yesterday’s gains the stock of Zavarovalnica Triglav continues to be undervalued
Dnevni izveštaj 16.01.2018
16.01.2018 | NBS: Devizne rezerve NBS na kraju decembra iznose 9,9 milijarde EUR; AERO: Ništa od letova kompanije Air Serbia za Toronto tokom leta 2018?; AERO: Wizz Air u Srbiji prevezao 745.000 putnika tokom 2017.; Pozitivan sentiment se nastavlja na slovenačkoj berzi; Gorenje lani s većim prihodom i nižom dobiti u 2017.; Evropa u minusu, NYSE zatvorena zbog praznika
Daily Report 16.01.2018
16.01.2018 | NBS: FX reserves at the end of December at EUR 9.9bn; Air Serbia flights to Toronto not to be launched in summer of 2018?; AERO: Wizz Air transports 745,000 passengers in 2017; Positive investment sentiments continue in Slovenia as Ljubljana Stock Exchange’s (LJSE) SBITOP index closes at 828,24 points on the start of the week
Dnevni izveštaj 15.01.2018
15.01.2018 | NBS: Međugodišnja inflacija u decembru 3%; Racio loših kredita u srpskom bankarskom sektoru snižen na 11%; Bugarski lev i rumunski lej od 1. februara u menjačnicama u Srbiji; Luka Bar: Pretovar u 2017. skočio 45%; SBI TOP skočio preko 2% na nedeljnom nivou; PSD2 otpočeo sa primenom; Wall Street na novim rekordima, vođen dobrim rezultatima banaka, Evropa u plusu
Daily Report 15.01.2018
15.01.2018 | NBS: Serbia's inflation quickens to 3.0% in 2017; Serbian banks' NPL ratio falls to 11% - Bank Association said; Bulgarian lev and Romanian leu in exchange offices in Serbia from February 1; SBITOP index breaks 820-point level; Step towards a digital single market in the EU