SLOVENIA
SBITOP down 0.13%
The SBITOP index of blue chips was down 0.13% yesterday, to 827.16 points. The most traded name was Petrol, with EUR 355ths in volume. Top gainers were Telekom Slovenije and Gorenje, with 1.22% and 0.72% jumps, respectively. On the other side, daily losers were Luka Koper and Intereuropa, with 1.32% and 1.0%, decline respectively.
INTERNATIONAL MARKETS
European market follows US Tuesdays tech decline
After finishing with gains on Tuesday and coming back from 1-year low, the European market is following Tuesday's US market decline caused by technology and financial stocks.
SERBIA
MTLC: Metalac to payout gross RSD 85 per share as a cash dividend
Metalac (MTLC) is about to payout gross RSD 85 per share as a cash dividend, the company said in its GA documents. This bears gross 4.1% yield on a current market price, while record date is on 16th April this year. The company also showed numbers for daughter units, but consolidated report has not been published thus valid conclusion can not be created. It seems that overall sales and net profit are higher than in 2016.
Source: MTLC, Ilirika
AERO: Ukrajinska aviokompanija UIA planira letove za Beograd od 2022.
Ukraine International Airlines (UIA) namerava da pokrene nove linije u narednih pet godina, među kojima su i letovi za Zagreb i Beograd. Kako prenosi EX-YU Aviation News, letovi iz Kijeva za Zagreb planirani su od 2021. godine, dok će letovi za Beograd startovati godinu kasnije - 2022. Trenutno, ni iz Zagreba niti iz Beograda nema letova ka glavnom gradu Ukrajine.
Izvor: Ekapija, EX Yu aviation news
DINNPB: Profit of Philip Morris Nis in 2017 amounts to RSD 3.8 billion
The Nis-based company Philip Morris Operations (DINNPB) has published record financial results for 2017, considering that the successful operations from the first half of the year continued in the other six months. The company did record a drop in revenues by 48.4% to RSD 20.8 billion, but only as a consequence of switching to the business model of contract-based production on January 1, 2017. The operating profit jumped by 10.3% to RSD 4.5 billion, whereas the net profit rose by 11.5% to RSD 3.8 billion. The company didn't have debts at the end of the last year, so it is to be expected that the entire profit will be paid as dividend this year as well. At the latest price of RSD 3,022, the dividend yield exceeds 12%.
Source: Ekapija
