SLOVENIA
Slovenian SBITOP index gained 0.28 percent
SBITOP index reached 831,65 points gaing 0.28 percent. The most traded shares were the shares of Zavarovalnica Triglav (ZVTG SV) at trading volume of 2 million EUR, in terms of volume ZVTG was followed by Cinkarna Celje (CICG SV) with 1.82 million EUR. The higest returns were seen by stocks of Mercator (MELR SV, +10.62%), Cinkarna Celje (CICG SV, +1.4%) and Krka (KRKG SV, +0.71%).
Luka Koper (LKGP SV) Koper port looking to boost ties with China's Ningbo-Zhoushan
Representatives of port operator Luka Koper and the Slovenian government have paid a visit to the Chinese port of Ningbo-Zhoushan, one of the busiest ports in the world, to discuss with the port management and local authorities the opportunities for closer cooperation in maritime logistics.
Source: STA
Govt approves EUR 657,000 incentive for Sumitomo investment
The government has approved a EUR 657,000 incentive to Lonstroff, the Swiss subsidiary of Japanese Sumitomo Rubber Industries group, which plans to build an elastomer production in Logatec. The contract will probably be signed next week and works will begin in mid-May, the government said in a press release in Thursday.
Katainen discusses Slovenia's challenges with MPs
European Commission Vice-President Jyrki Katainen praised Slovenia for being in good shape but also urged it to implement structural reform as he discussed the European Semester and the Investment Plan for Europe with Slovenian MPs in Ljubljana on Thursday.
Source: STA
INTERNATIONAL MARKETS
Eurozone Industrial Output Growth Below Forecasts
Eurozone's industrial production rose 2.9% yoy in February, missing market expectations of 3.8%. Output growth slowed for intermediate, capital and consumer goods while energy production rebounded sharply. On a monthly basis, output fell 0.8%, also missing consensus of a 0.1% gain.
Source: TA
SERBIA
NBS: Key policy rate lowered to 3%
At its meeting yesterday, the NBS Executive Board decided to trim the key policy rate to 3%. At the same time, the decision was made to narrow the interest rate corridor from ±1.5 to ±1.25 percentage points, meaning that the deposit facility rate remains unchanged. In making such a decision, the Executive Board assessed that the expected movement in inflation and its underlying factors going forward allow for further monetary policy easing.
Source: NBS
NBS: Annual inflation in March at 1.4%
According to the data of the Serbian Statistical Office, consumer price growth equalled 0.1% in March 2018. Inflation movements in March were driven by falling prices of travel packages and petroleum products on the one hand, and rising prices of fresh fruit, fresh meat, milk and dairy products on the other. On a downward path since early 2018, y-o-y inflation touched 1.4% in March. Core inflation (consumer price index excluding the prices of food, energy, alcohol and cigarettes) also declined in March, to 0.8% y-o-y, its lowest level since consumer prices are monitored.
Source: NBS
Public debt of Serbia stands at 57.9% of GDP at the end of February 2018
The public debt of Serbia amounted to around EUR 23.34 billion at the end of this February, making up 57.9% of the gross domestic product (GDP), the Ministry of Finance announced on April 11. At the end of January, the public debt stood at EUR 22.91 billion, amounting to 57.2% of the GDP. The public debt of Serbia amounted to EUR 23.22 billion at the end of 2017, amounting to 61.5% of the GDP. In December 2016, the public debt amounted to around EUR 24.82 billion, that is, 71.9% of the GDP.
Source: Ekapija
Back to news
