Daily Report 05.10.2018
Datum objave: 05.10.2018
Sales and purchase agreement of PKB with Al Dahra signed
Al Dahra announced that the agreement on the purchase of the property of PKB Korporacija and its subsidiaries in Serbia through the model of the sale of property has been signed. The acquisition is the result of the decision of the Republic of Serbia to privatize PKB Korporacija and the public tendering in August 2018. PKB Korporacija's operations to be taken over by Al Dahra encompass several different activities in the agricultural and food sector.
IMF, Serbia agree on 2019 budget, deficit seen at 0.5%/GDP
The International Monetary Fund (IMF) said on Thursday it has agreed with the Serbian authorities on the key parameters of the 2019 state budget, targeting an overall fiscal deficit equivalent to 0.5% of gross domestic product (GDP). The key parameters of the budget would preserve fiscal discipline, while allowing space for implementing growth-enhancing measures, such as further increasing public investment and moderately reducing the tax burden on labour, James Roaf, head of an IMF mission that visited Belgrade said in a statement at the conclusion of the visit.
Foreign Investors Council to visit Brussels on October 8-9
Foreign Investors Council will continue the consultation process with the European Commission representatives on October 8th and 9th in Brussels in order to facilitate Serbia's faster European integration process. This is going to be the 5th official meeting of the Foreign Investors Council representatives with the high representatives of the European Commission, the FIC announces.
Western Balkans' GDP growth to speed up in 2018 - 2020
The gross domestic product (GDP) growth in the Western Balkans is expected to accelerate to 3.5% in 2018 and 2019 and further to 3.8% in 2020, from 2.4% in 2017, the World Bank said on Thursday. In most of the region, growth projections for 2018 have been revised upward, the World Bank said in its Regular Economic Report Fall 2018.
Dow falls the most in 2 months on fears of rising rates as 10-year yield hits highest since 2011, Europe finishes deep in the red as rising rates weigh
Stocks fell sharply on Thursday as interest rates hit new multiyear highs, dampening investor sentiment. The Dow Jones Industrial Average dropped 229 points as Nike and Home Depot lagged. The 30-stock index dropped more than 350 points at its lows of the day. The S&P 500 declined 0.9 percent with communications and tech both sliding more than 1.5 percent. The Nasdaq Composite dropped 1.8 percent as Facebook, Netflix and Alphabet all dropped more than 2 percent. The benchmark 10-year Treasury note yield reached its highest level since 2011, breaking above 3.2 percent.
Shares of Amazon and Apple both fell after a report said a Chinese equipment manufacturer may have allowed microchips used for spying into some equipment used by Amazon Web Services and the iPhone maker. Both companies dispute the report.
Chipmakers fell broadly after Deutsche Bank reduced its 2019 earnings forecasts by an average of 5 percent on eight chip stocks. Micron and Nvidia fell more than 3 percent while Advanced Micro Devices pulled back 2.8 percent.
Markets in Europe closed Thursday's sharply lower, weighed down by weakness seen in markets overseas. The pan-European Stoxx 600 sank 1.08 percent by the close, with the majority of the region's sectors in the red. Household goods were the worst performers, tumbling 3 percent overall.
In the corporate space, banks was one of the few sectors to close higher. On Wednesday, shares in Greek banks saw a massive plunge. Investors fear that regulators will demand further capital. However, on Thursday, Greek lenders closed trade on positive ground, with Piraeus Bank up over 9 percent and the National Bank of Greece also closing up around 9 percent. The upbeat sentiment helped lift other European banks.
Dnevni izveštaj 18.10.2018
18.10.2018 | JMBN: Uskoro prodaja državnog udela u Jubmes banci; Za pet godina biće uloženo 3 milijarde EUR u gasnu infrastrukturu; MTLC: Metalac stiče sopstvene akcije; Priprema se prodaja Addiko banke u 2019. godini; Dow u minusu nakon nagoveštaja novih podizanja kamatne stope iz FED-a, Pad na auto sektoru povukao evropske indekse u crveno
Daily Report 18.10.2018
18.10.2018 | JMBN: Government to sell its shares in Jubmes banka soon; EUR 3bn to be invested in gas pipeline infrastructure in next five years; MTLC: Metalac to buy back own shares; Addiko bank prepares for sale in 2019; Dow falls in volatile session after Fed hints at more rate hikes ahead, European stocks close lower Wednesday, auto sales and gloomy forecast weigh
Dnevni izveštaj 17.10.2018
17.10.2018 | KMBN: Javni poziv za prodaju Komercijalne banke do 30. juna 2019.; Američki Behtel i Srbija potpisali memorandum o Moravskom koridoru - Početak radova 2019, vrednost investicije 800 mil EUR; AERO: Beogradski i niški aerodrom potpisali ugovor o poslovnoj saradnji; Najavljena ulaganja od milijardu evra u srpsko zdravstvo do kraja 2021.; Dow skočio preko 500 poena, Evropa u plusu vođena talasom sa Wall Streeta
Daily Report 17.10.2018
17.10.2018 | KMBN: Public call for sale of Komercijalna banka by June 30, 2019; American Bechtel and Serbia sign memorandum on Morava Corridor – Start of construction in 2019, worth of investment EUR 800 million; AERO: Airports in Belgrade and Nis sign agreement on business cooperation; Investments worth EUR 1 billion in Serbian healthcare by the end of 2021 announced; Dow surges more than 500 points, posts best day since March as earnings fuel rally, Europe closes higher after Wall Street earnings, Ocado shares rise 5%
Dnevni izveštaj 16.10.2018
16.10.2018 | KMBN: Ministarstvo finansija traži finansijskog savetnika za prodaju udela u Komercijalnoj banci; Novi projekti sa RŽD vredni 500 miliona USD; Ekonomije „Zapadnog Balkana“ ubrzale rast na 4,2% u drugom kvartalu; NLB pokreće IPO; Pad na tehnološkim akcijama opet oborio indekse, Evropa u blagom plusu
Daily Report 16.10.2018
16.10.2018 | KMBN: Ministry of Finance seeks financial advisor for selling shares in Komercijalna banka; Serbia moves to new projects with "Russian Railways" worth USD 500m; Western Balkans’ economic growth speeds up to 4.3% y/y in Q2, EC says; Slovenia’s NLB to proceed with launch of IPO; Stocks fall, led by tech, as Wall Street fails to bounce back from last week's rout, European markets close slightly higher following impasse in Brexit talks
Dnevni izveštaj 15.10.2018
15.10.2018 | NBS: Inflacija u septembru 2,1%; Cilj novog aranžmana sa MMF-om jeste ubrzanje rasta na održivim osnovama; SVETSKA BANKA: Srbija bolja od proseka regiona po novom Indeksu ljudskog kapitala; Merkator prodao 10 tržnih centara u Sloveniji; Petak doneo stabilizaciju globalnih indeksa.
Daily Report 15.10.2018
15.10.2018 | NBS: Annual inflation in September at 2.1%; New arrangement with the IMF to accelerate sustainable growth; WORLD BANK: Serbia higher than average for its region by new Human Capital Index; Slovenia's Mercator sells 10 shopping centres for 116.6 mln euro;
Dnevni izveštaj 12.10.2018
12.10.2018 | Vrednost brenda Srbija porasla 17% na 40 mlrd USD; Lidl otvorio 16 prodavnica u 12 gradova Srbije - Investirano 205 mil EUR; Devizne rezreve NBS u spetembru iznosile 11, 1milijarde EUR; Delegacija Republike Srbije na Godišnjoj skupštini Međunarodnog monetarnog fonda i Grupacije Svetske banke; Nastavljen oštar pad globalnih indeksa
Daily Report 12.10.2018
12.10.2018 | Value of Serbia's nation brand grows by 17% to USD 40 billion; Lidl opens 16 stores in 12 towns in Serbia – EUR 205 million invested; NBS FX reserves in September at EUR 11.1bn; Serbian delegation at annual meetings of IMF and World Bank Group; Dow tumbles over 500 points, bringing 2-day losses to more than 1,300 points, European stocks slump again as renewed Wall Street sell-off provokes volatile session