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 10.12.2018
10.12.2018 | ENHL: Energoprojekt ugovorio nove poslove u Peruu vredne 9,3 miliona EUR; Ubrzo završetak pregovora Rusije sa Srbijom o povlašćenoj trgovini; Usvojen budžet za 2019.; Sberbank prodaje svoj udeo u Agrokoru - Kompanija perspektivna za arapske investitore; Novi minusi na Wall Streetu, Evropa u plusu
Daily Report 10.12.2018
10.12.2018 | ENHL: Energoprojekt reported two new contracts form Peru, worth EUR 9.3m; Negotiations between Russia and Serbia on preferential trade to be completed soon, Putin says; National Assembly adopts Serbia's state budget for 2019; Sberbank to sell its Agrokor stake – Arab investors interested; Dow rebounds from 780-point plunge, ends day just slightly lower on report Fed may pause hikes, European markets close at 2-year low, Stoxx 600 slips 3.3 percent, European markets close higher to cap wild week, Fresenius SE shares tank 17%
Dnevni izveštaj 07.12.2018
07.12.2018 | NBS: Referentna kamatna stopa zadržana na nepromenjenom nivou; Kvota za izvoz govedine u Tursku od 2019. veća za 40%; AERO: Francuski ASL Airlines otvara liniju Beograd – Pariz; RTB Bor za sedam odsto povećao izvoz u odnosu na prošlu godinu; Dow u blažem minusu nakon najave da će FED možda pauzirati podizanje kamatne stope, Evropske berze blizu dvogodišnjeg minimuma
Daily Report 07.12.2018
07.12.2018 | NBS: Key policy rate unchanged; Quota for export of beef to Turkey to be higher by 40% from 2019; ASL Airlines France to operate Paris – Belgrade flights during next summer; Serbia’s RTB Bor increases exports; Dow rebounds from 780-point plunge, ends day just slightly lower on report Fed may pause hikes, European markets close at 2-year low, Stoxx 600 slips 3.3 percent
Dnevni izveštaj 06.12.2018
06.12.2018 | Nema razloga da vlada preispituje odluku Telekoma o kupovini Kopernikusa; Konzorcijum rekonstruiše brodsku prevodnicu "Đerdapa 1"; Razmena Italije i Srbije stiže do rekordne 4 milijarde evra; Al Dahri odobrena kupovina PKB i zavisnih preduzeća; Berze u SAD zatvorene, Evropa opet u solidnim minusima
Daily Report 06.12.2018
06.12.2018 | No reason for the government to question the decision of Telekom on the purchase of Kopernikus; Germany's DSD Noell to reconstruct Serbia's Djerdap 1 HPP ship locks; Trade between Italy and Serbia could reach 4bln euro by year end; Al Dahra given official approval to take over PKB; NYSE closed; European stocks fall more than 1 percent amid rising trade war fears
Dnevni izveštaj 05.12.2018
05.12.2018 | Srbija za dan smanjila javni dug za milijardu dolara; Od sledeće godine i dileri obaraju javni dug Srbije; Kineska kompanija Ziđin zvanično preuzima RTB Bor 18. Decembra; Grupa NLB: Neto dobit u devet meseci pala 14%; Dow u teškom minusu zbog strahovanja od recesije, Evropa u minusu
Daily Report 05.12.2018
05.12.2018 | Serbia reduces public debt by USD 1 billion in a day; Dealers to contribute to reduction of Serbia's public debt from 2019; China's Zijin to officially take over RTB Bor on December 18; Slovenia's NLB Group posts 14% drop in Jan-Sept after-tax profit; Dow plunges nearly 800 points on rising fears of an economic slowdown, Autos drag European markets lower amid worries over US-China trade truce
Dnevni izveštaj 04.12.2018
04.12.2018 | AERO: Povećan broj putnika na Aerodromu Nikola Tesla - Neto dobit u prvih 11 meseci porasla za 2%; EPS-ova struja za privredu poskupljuje 20%; Srbija dostavila dokumente za Turski tok - Izgradnja gasovoda do decembra 2019. godine?; Svetska Banka izdvaja 200-300 miliona EUR za projekte u Srbiji; Dow skočio preko 250 poena nakon dogovora SAD i Kine od prekidu trgovinskih tenzija u narednih 90 dana, Evropa u plusu, vođena skokom na automobilima i rudarskim kompanijama
Daily Report 04.12.2018
04.12.2018 | AERO: Number of passengers at Nikola Tesla Airport increases – Net profit in first 11 months grows by 2%; EPS to start charging companies 20% more for electricity; Serbia submits documents for TurkStream – Gas pipeline to be built by December 2019?; World Bank preparing to invest up to 300 mln euro in 4 projects in Serbia in 2019; Dow jumps more than 250 points on US-China trade truce, Miners and autos surge 4% as European stocks rally