Daily Report 14.09.2018
Datum objave: 14.09.2018
Confectionery industry in Serbia makes surplus for the first time
The confectionery industry in Serbia made a surplus for the first time and in the first six month of 2018 the realized surplus ranged between EUR 9 million and EUR 10 million while the export grew by 18,9 %, Serbian Minister of Trade, Tourism and Telecommunications said. He added that that the import dropped by 2% and assessed that confectionery industry had a perspective because Serbian confectioners were not only competent but had more affordable goods of excellent quality compared to the competition from the EU.
Tender for Petrohemija by the end of the year
Tendering for privatization of HIP Petrohemija from Pancevo will be opened by the end of the year and to repeat the call for tender for Metanolsko-sircetni kompleks a.d. (MSK) from Kikinda, the State Secretary in the Ministry of Agriculture, Dragan Stevanovic announced yesterday. He said that the government was looking for a partner for Petrohemija for some time now and added that so far the Ministry didn`t receive any offers from potential buyers.
Source: Ekapija, Ilirika
British American Tobacco buys remaining shares in Vranje factory
British American Tobacco (BAT), headquartered in London, has bought the remaining shares it didn’t own in the BAT factory in Vranje and thus increased it's ownership interest from the former 88,16% to 99,16%, BAT Vranje subsidiary stated. According to the BAT official statement published in the Belgrade Stock Exchange, the company bought the rest of the shares at the price of RSD 1,020 per share on the basis of new bid for takeover, which was completed on September 10, 2018.
Montenegro offers Podgorica and Tivat airports up for concession – Upfront payment EUR 100 million
Minister of Transport Osman Nurkovic informed the members of the Montenegrin Parliament that the Government of Montenegro has decided to offer Podgorica and Tivat airports up for concession for a period of 25 to 30 years. The draft concession agreement stipulates, among other things, the upfront payment of EUR 100 million while the concessionaire will be reimbursed for any revenue loss Montenegro Airlines, the national flag carrier, might experience.
Dow jumps more than 100 points as Apple rises, Europe ends under pressure, ECB, BoE hold fire on interest rates
Stocks rose on Thursday as Apple shares recovered from losses in the previous session. Investor sentiment was also boosted as fears of rapidly rising inflation were tempered. The Dow Jones Industrial Average rose 147.07 points to 26,145.99 to post a three-day winning streak with Apple contributing the most to the gains. The S&P 500 climbed 0.5 percent to 2,904.18, led by a 1.2 percent gain in tech. The broad index also rose for a fourth straight day. The Nasdaq Composite advanced 0.8 percent to 8,013.71 as Alphabet rose nearly 1 percent.
Apple shares gave the broader equity market a boost as well as they rose 2.4 percent. Thursday's move comes after a 1.2 percent drop Wednesday as the unveiled three new iPhones.
Stocks in Europe reversed earlier gains by Thursday's close to finish lower, as investors digested fresh news out of the central banking sphere. The pan-European STOXX 600 closed down 0.15 percent, with the majority of sectors falling into negative territory.
In individual stock news, Michelin jumped over 3.5 percent after it confirmed its guidance for the year. At the other end, Rubis shares tanked 10.58 percent, after reporting its latest first-half results.
In Europe, the focus is on monetary policy with three meetings taking place during Thursday's session. First off, the Bank of England (BoE) decided to hold fire on raising interest rates Thursday, with all rate-setters voting unanimously to hold rates at 0.75 percent, as expected. In Frankfurt, the European Central Bank decided to kept its benchmark interest rates unchanged Thursday, which was widely expected. During mid-trade, the Turkish central bank announced that it had increased its benchmark rate to 24 percent, a hike of 625 basis points from the previous rate of 17.75 percent.
Dnevni izveštaj 21.09.2018
21.09.2018 | RTB Bor u avgustu izvezao robu u vrednosti 18,6 mil USD - Hiljadu tona bakra za Kinu; Fiskalni savet predlaže povlačenje izmena Zakona o penzijskom i invalidskom osiguranju; NBS: Blagi pad neto dobiti banaka u Srbiji; Hrvatska Erste&Steiermarkische banka izdaje 5.ogoišnje obveznice vredne 500 miliona EUR; Dow skočio preko 250 poena, Evropa opet u plusu
Daily Report 21.09.2018
21.09.2018 | RTB Bor exports goods worth USD 18.6 million in August – Thousand tons of copper for China; Fiscal Council proposes withdrawal of amendments to Law on Pension and Disability Insurance; NBS: Serbian banking sector scored flat aggregate profit in 1Q18; Croatia's Erste&Steiermarkische Bank to issue 500 mln euro 5-yr bond; Dow rallies more than 250 points to first record close since January, Europe rises by the close as concerns over trade spats wane
Dnevni izveštaj 20.09.2018
20.09.2018 | Prva faza kinesko-srpskog industrijskog parka u Smederevu biće završena 2020. - Na 400 hektara posao za 20.000 ljudi?; Novih 20 mil EUR za MSP u Srbiji kroz sporazum EBRD i Addiko banke; Ruski trgovinski lanci dogovorili uvoz hrane iz Srbije; United grupi u Sloveniji naloženo da proda Sport klub; Banke vodile rast indeksa na NYSE, Evropa u plusu
Daily Report 20.09.2018
20.09.2018 | First phase of Chinese-Serbian industrial park in Smederevo to be completed in 2020 – Jobs for 20,000 people on 400 hectares?; New EUR 20 million for SMEs in Serbia through agreement between EBRD and Addiko Bank; Russian retail chains contract import of food from Serbia; Slovenia's competition agency orders United Group to dispose of Sport Klub channels; Dow jumps more than 150 points as Goldman and JP Morgan lead bank shares higher, Europe ends on a high note as investors brush off trade dispute
Dnevni izveštaj 19.09.2018
19.09.2018 | IFC investirao 190,5 mil EUR u Srbiju u fiskalnoj 2018.; Fijat ostaje u Srbiji, stižu novi modeli; Potpisan ugovor o finansiranju izgradnje obilaznice oko Beograda - Vrednost deonice od Ostružničkog mosta do Bubanj potoka 207 mil EUR; Ziđin planira da proizvodnju u Boru poveća tri do četiri puta; Dow skočio 185 poena pošto trenutni tarifni potezi na relaciji SAD-Kina ne izgledaju strašno koliko se očekivalo, Evropa tek u blagom plusu
Daily Report 19.09.2018
19.09.2018 | IFC invests EUR 190.5 million in Serbia in fiscal year 2018; Fiat to stay in Serbia, and is prepping new model; Agreement on funding of construction of bypass route around Belgrade signed – Section from Ostruznica Bridge to Bubanj Potok worth EUR 207 million; Zijin to double Serbia's RTB Bor output in three years; Dow surges 185 points as latest US-China trade barbs are not as bad as feared, Europe holds steady by the close as US-China trade conflict escalates
Dnevni izveštaj 18.09.2018
18.09.2018 | MMF: Srbija sama privukla više od polovine direktnih investicija u regionu; ENHL: Energoprojekt ugovorio dva nova posla u Srbiji; Kineska kompanija CRBC gradiće koridor kroz Frušku goru? - Opcije kredit i koncesija; Potpisan sporazum o investiciji Shandong Linlonga u Zrenjaninu; Wall Street u minusu nakon sve izvesnijih novih carinskih akcija SAD protiv Kine, Evropa u mešovitom tonu, H&M skočio 16,6%
Daily Report 18.09.2018
18.09.2018 | IMF: Serbia alone counts for more than half of total FDI stock in the region; ENHL: Energoprojekt contracted RSD 1.3bn worth jobs in Serbia; Chinese company CRBC to build corridor through Fruska Gora? – Options include credit and concession; Serbia signs investment agreements with China's Shandong Linglong, Zijin - finmin; Stocks fall after Trump says US-China trade announcement coming after the bell, Europe ends on a muted note as fresh tariff threats linger, H&M climbs 16.6%
Dnevni izveštaj 17.09.2018
17.09.2018 | RZS, NBS: Međugodišnja inflacija u avgustu 2,6%; NBS: Devizne rezerve 11,3 milijarde EUR; Al Dahra i zvanično jedini ponuđač za PKB - Otvaranje finansijske ponude naknadno; Inflacija u HR ostaje na 2,1% u avgustu; S&P500 završio petak u plusu vođen rastom na proizvođačima čipova, Evropa takođe u plusu
Daily Report 17.09.2018
17.09.2018 | NBS, SORS: Annual inflation in August at 2.6%; NBS: FX resrevs in Agust at EUR 11.3bn; Al Dahra officially the only bidder for PKB purchase – Financial bid to be opened subsequently; Croatia's annual inflation remains at 2.1% in August; S&P 500 ekes out 5-day winning streak as chipmakers rise, European markets finish on an upbeat note as autos, miners climb