Daily Report 03.12.2018
Datum objave: 03.12.2018
NBS: Serbian GDP up 3.8% in 3Q
Based on SORS data, real GDP growth in the period January–September 2018 measured 3.8%. On the production side, growth was sustained across all sectors. The fastest growth was recorded in construction and agriculture, whereas in services, brisk pace was registered in trade, transport, tourism, catering and information and communications. Favourable movements were also seen in manufacturing. On the expenditure side, GDP growth was led primarily by the robust increase in investment and favourable labour market developments underpinning sustainable growth in final consumption.
Source: NBS, SORS
NBS: Industrial output in 10 months, up 2.4% y/y, Unemployment in 3Q at 11.3%
In October, industrial production rose 3.2% y-o-y, driven by the rise in manufacturing. Three-quarters of manufacturing branches recorded an increase, the greatest positive contribution coming from base metals. In the period January– October, y-o-y growth of total industry reached 2.4%, аnd of manufacturing – 2.9%. According to the Labour Force Survey, the unemployment rate equalled 11.3% in Q3 2018, which is its lowest level since comparable data are available. At the same time, employment reached 49.2%.
Source: NBS, SORS
Serbian import keeps growing faster the export
As for foreign trade, SORS data indicate that in the January–October period, the export of goods increased 8.3% y-o-y as a result of diversified growth of manufacturing exports. At the same time, import rose 13.7%, primarily in response to the increase in the import of investment equipment and intermediate goods for the industry. Trade deficit for the period amounted to EUR 4.4bn, up 33.9% y/y.
MK interested to acquire Slovenian Sava
MK Group is interested to acquire 41.7% of Slovenian tourism company Sava, portal Siol.net reported. This stake is now owned by US fund York, while majority owner of the company is Slovenian state since it controls 45%. Sava, owns several tourist resorts, such Terme 3000, hotels at Bled, Terme Ptuj, Bernardin hotels.
Dow ends volatile November with more than 150-point rally on hopes of a US-China trade deal at G-20, European markets mixed as focus turns to the G-20 summit, Deutsche Bank down 3%
Stocks closed a volatile month with strong gains on Friday on renewed bets the U.S. and China could strike a deal on trade. The Dow Jones Industrial Average rose 199.62 points to close at 25,538.46. The S&P 500 and Nasdaq Composite both gained 0.8 percent to close at 2,760.17 and 7,330.54, respectively. Stocks wobbled for most of the session until Reuters reported that a Chinese official said "consensus is steadily increasing" in U.S.-China trade talks. The official added, according to the report, that differences between the two countries remained.
Shares of World Wrestling Entertainment closed 2.6 percent higher after J.P. Morgan Chase upgraded them to overweight from netural, noting the company's valuation is attractive compared to industry peers.
European stocks have ticked up on average at the end of the week, as key leaders congregated for a major event in Argentina. By mid-afternoon the pan-European Stoxx 600 was two tenths of one percent higher with the different sectors struggling to make clear gains. Autos and basic resources fell the most as investors focused on the upcoming trade talks at the G-20 summit, in Buenos Aires on Friday. Investors are paying special attention to a meeting between President Donald Trump and China's President Xi Jinping.
Shares of Deutsche Bank traded below the flatline once again, slipping 3 percent. The stock remains under pressure as police raids at its offices continue. On Thursday, German police raided Deutsche Bank's headquarters in Frankfurt during an investigation of alleged money laundering.
Dnevni izveštaj 15.02.2019
15.02.2019 | BELEX zatvoren zbog državnog praznika; aaa; Podaci o slabim performansama maloprodaje u SAD oborili indekse u Americi i Evropi
Daily Report 15.02.2019
15.02.2019 | BELEX closed due to national holiday; aaa; European markets close lower after US retail sales disappoint
Dnevni izveštaj 14.02.2019
14.02.2019 | AERO: Cilj koncesionara beogradskog Aerodroma Nikola Tesla 15 miliona putnika godišnje; NBS: Neto priliv stranih direktnih investicija 3,2 mlrd evra u 2018.; NBS očekuje rast BDP-a od 3,5 odsto u 2019. godini; JESV: Počela izgradnja postrojenja za odsumporavanje dimnih gasova, Jedinstvo izvodi radove vredne 95 miliona EUR; Dow u plusu, fokus ostaje na SAD-Kina pregovorima, Evropa u zelenom, Osram skočio preko 14% zbog spekulacija o preuzimanju
Daily Report 14.02.2019
14.02.2019 | AERO: Nikola Tesla Airport concessionaire aims at 15 million passengers a year; NBS: FDI net inflow EUR 3.2bn in 2018; NBS expects 3.5% GDP growth rate in 2019 and 4% for 2020; JESV: Jedinstvo started desuplhation project at TENT; Dow rises for second straight day as Wall Street cheers for possible US-China trade deal, Europe closes higher amid US-China trade deal hopes, Osram surges on takeover talks
Dnevni izveštaj 13.02.2019
13.02.2019 | Gradnja Moravskog koridora moguća krajem leta - Rok za izvođenje radova najmanje dve i po godine; Srbija u 2018. oborila rekord - Iz Kine stiglo 102.000 turista; Devizne rezerve NBS porasle u januaru na 11,34 milijarde evra; Koncesija na Aerodromu Beograd doneće moderan menadžment kompaniji; Izbegnuta nova blokada validnih institucija u SAD podigla indekse na Wall Streetu, Evropske berze u plusu, Michelin skočio 13%
Daily Report 13.02.2019
13.02.2019 | Construction of Morava Corridor might start in late summer – Work completion deadline period at least two and a half years; Serbia breaks record in 2018 – 102,000 tourists arrive from China; NBS FX reserves in January at EUR 11.3bn; Airport concession to bring modern management; Dow rallies more than 350 points on tentative deal to avoid government shutdown, trade hopes, European stocks close higher on US-China trade optimism, Michelin climbs 13%
Dnevni izveštaj 12.02.2019
12.02.2019 | Ministar finansija razgovarao sa direktorom EIB o finansiranju važnih projekata; Sektor građevinarstva porastao 13,9% u 2018.; ZF otvara fabriku u Pančevu krajem aprila; Beogradu nedostaje više od 100.000 kvadrata stambenog prostora; Iščekivanja u vezi ishoda pregovara SAD i Kine i dalje u fokusu investitora, Dow u minusu, ostali indeksi mahom u zelenom
Daily Report 12.02.2019
12.02.2019 | EIB to invest EUR 100mln in Serbian healthcare, infrastructure and education; Construction activity 13.9% higher than in 2017; ZTF to open factory in Pancevo in late April; Belgrade lacks more than 100,000 square meters of residential space; Dow slips as Wall Street weighs US-China trade talks, European stocks close higher ahead of US-China trade talks, Italian banks gain
Dnevni izveštaj 11.02.2019
11.02.2019 | AERO: Vinci 13. februara predstavlja planove za beogradski aerodrom; U kompaniji Bechtel se nadaju da će izgradnja Moravskog koridora početi 2019. godine; Srbija spremna za izgradnju Turskog toka; Cilj Telekoma je 1,5 miliona korisnika i triput veći profit; Oslabljeni izgledi za postizanje sporazuma SAD-Kina, Dow u minusu, Evropa pod prodajnim priotsiokom
Daily Report 11.02.2019
11.02.2019 | AERO: Vinci to present plans for Belgrade Airport on February 13; Bechtel hopes for construction of Morava Corridor to begin by 2019; Serbia ready to start construction of TurkStream section; Telekom Srbija's goal 1.5 mln subscribers; Dow falls amid lingering fears over US-China trade and global growth, Europe closes lower amid heightened US-China trade tensions, Wirecard falls 15%