Daily Report 25.03.2019
Objavljeno: 25. 03. 2019

SERBIA:

AIK Banka makes bid for privatization of Slovenia’s Abanka?
Slovenia has received seven binding bids for the privatization of state-owned lender Abanka, including an offer from Serbia's AIK Banka, Seenews reports, citing Ljubljana-based media. In addition to AIK Banka, the list of bidders includes Hungary's OTP Group, Austria's Erste Bank, as well as US investment funds Apollo and Blackstone, it has been reported. The deadline for placing binding bids expired on March 19.
Source: Ekapija

NBS: Inflation expected at 2.1-2.7% in one year ahead
According to the results of the February survey, one-year and two-year ahead inflation expectations of the financial and corporate sectors kept moving within the target tolerance band (3±1.5%). One-year ahead inflation expectations stayed unchanged from January, at 2.7% in the financial sector and 2.1% in the corporate sector. There were no changes in two-year ahead inflation expectations either. Since early 2019, inflation expectations of the financial and corporate sectors have stood exactly at the NBS target midpoint (3.0%).
Source: NBS

MTLC: Metalac scheduled GA for 24th April
Metalac (MTLC) announced it regular GA for 24th April this year. The agenda includes decision on dividend payment. Proposed amount is RSD 85 per shares, gross. This bears 4.1% yield on a current market price, while record date is 14t April 2019.
Source: Belex, Ilirika

INO:

Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth worries, European stocks close sharply lower as weak data fuels slowdown worries
Stocks tumbled on Friday as global growth fears and the Federal Reserve’s more cautious economic forecast sparked investor angst into the weekend. The Dow Jones Industrial Average sank to its session lows heading into the close and finished down 460.19 points at 25,502.32. Bank stocks led the decline thanks to a sharp pullback in long-term Treasury yields. The S&P 500 fell 1.9 percent to 2,800.71, its biggest one-day drop since Jan. 3. The Nasdaq Composite declined 2.5 percent to 7,642.67 as shares of Facebook, Amazon, Netflix, Alphabet and Apple all closed lower.
Nike also weighed on the market throughout Friday’s session. The athletic apparel company’s stock fell 6.6 percent on the back of weak quarterly sales growth in North America. Boeing shares dropped 2.8 percent after Indonesian airline Garuda canceled a $6 billion order for 49 Boeing 737 Max jets.
European stocks slipped Friday as worse-than-expected economic data intensified concerns around slowing global growth.
The pan-European Stoxx 600 dropped provisionally 1.29 percent, with all sectors and bourses turning negative. Equities were initially positive earlier in the session. A slew of negative economic data weighed on investor sentiment on the final trading day of the week. IHS Markit’s flash euro zone composite Purchasing Managers’ Index (PMI) fell to 51.3 in March from 51.9 the previous month — analysts were expecting a reading of 52. French and German numbers also disappointed, with IHS’ PMI figures for both economies coming in below expectations. Germany’s manufacturing sector contracted for the third month in a row, data showed.
Nokia tumbled to the bottom of the Stoxx 600 after the Finnish telecommunications firm published its annual report. The firm said in the report Thursday that it did not plan to take on any new business in Iran this year, citing conflicting U.S. and European trade policies. Shares fell over 5 percent.
Source: CNBC