SLOVENIA
SBITOP index gained 0.89 percent yesterday
SBITOP index closed at 817.82 points gaining 0.98 percent yesterday. The shares that were traded and gained the most were the shares of Krka. Krka's stock value went up by 2.83 percent at 0,6 million EUR trade volume. Stocks of Zavarovalnica Triglav (+2.83) and Cinkarna (+2.04%) also gained more than two percent.
INTERNATIONAL MARKETS
Eurozone Inflation Rate Slows to 14-Month Low as Expected
The Eurozone consumer price inflation is expected to ease to a 14-month low of 1.2 percent year-on-year in February 2018 from 1.3 percent in the previous month, in line with market forecasts.
Source:TE
SERBIA
Serbia's GDP grows 2.5% in Q4
Serbia's Gross Domestic Product (GDP) grew by a real 2.5% year-on-year in the fourth quarter of 2017, the country's statistical office said on Wednesday, confirming its flash estimate issued last month. On a quarterly comparison basis, Serbia's economy expanded by 0.6% in the fourth quarter of 2017, the statistical office said. The fourth quarter of 2017 saw a significant real growth of gross value added in the construction sector, of 17.8% year-on-year, while the sectors of wholesale and retail trade, repair of motor vehicles, transport and storage and accommodation and food services expanded by 4.9%. The sectors of industry and water supply and wastewater management added 3.7% each. A drop in gross value added was recorded in the sector of agriculture, forestry and fisheries of 9.5%.
Source: SeeNews
Serbian industrial output in January 2018, up 10.6% y/y
Serbian industrial output in January 2018 was up 10.6% y/y, Serbian Statistical Office reported. The output is however, 6% lower versus average for 2017. Major contribution to this growth was given by production of nonmetal minerals, production of chemicals, oil and gas extraction and electric power production. Seasonal adjusted index for January, showed that overall industry posted 5.9% growth, while processing was up 6.8% versus average for 2017.
Source: SORS, Ilirika
BELEX ends February in red
Leading indices at Belgrade Stock Exchange, BELEX15 and BELEXline lost 2.8% in February, respectively. This drop was led by huge decrease of 17.8% at Energoprojekt (ENHL) and additionally supported by correction at Belgrade Airport (AERO). Trade volume arrived at EUR 25.1m but only EUR 3m was related to equities. The most traded names were Jedinstvo Sevojno (JESV), NIS (NIIS), Komercijalna Banka (KMBN), Fitofarmacija (FITO) and Belgrade Airport (AERO). Top loser was Energoprojekt, while major gainer was cooper processing company, Valjaonica bakra Sevojno (VBSE), with 9.3% m/m gain.
Source: BELEX, Ilrika
