Slovenian SBITOP down 0.33%
SBITOP index was down 0.33%, yesterday, since almost all names from first quotation were in red. Top losers were Sava Re and Luka Koper, since they lost 1.11% and 0.65%, respectively. Single gainer from first quotation was Gorenje, with 0.97% jump. Top traded name was a pharmaceutical company Krka, with EUR 340ths in volume, while its stock price was down 0.35%.
Central bank sees risks for reduction of Slovenia's exports
The central bank finds the economic growth in Slovenia sustainable for now, as its structure and sources of financing are much different than before the crisis, but it has warned that risks for global economic growth have increased due to the aggravated geo-political situation, which could stem the growth of Slovenian exports.
IMF upgrades GDP forecast for Slovenia to 4%
The International Monetary Fund (IMF) projects that Slovenia's economy will grow by 4% this year, up 1.5 percentage points from its autumn forecast. In 2019, growth is expected to decelerate to 3.2%.
Slovenian economy added 2,400 jobs in February
The Slovenian economy added 2,400 jobs in February, with total number of persons in employment rising 0.3% over the previous month to 856,800, the latest Statistics Office data show. Year-on-year, the total headcount rose by 3.7%.
Good earnings push markets in the green
US stocks closed deeply in the green on Tuesday 17 April 2018 as better-than-expected earnings reports from Goldman Sachs, Johnson & Johnson and Netflix lifted sentiment. The Dow Jones added 214 points or 0.9% to 24787. The S&P 500 gained 29 points or 1.1% to 2706. The Nasdaq soared 125 points or 1.7% to 7281.
Chinese giant picks Serbia for EUR 400mn investment
China's Linglong tire manufacturer is close to deciding to come to Serbia - which would be the largest foreign investment in the country's industry. This is reported by Belgrade-based newspaper Vecernje Novosti, which added that the Chinese company has been looking for a destination for its European plant for a year now. The investment is question is worth EUR 400 million and would be the largest foreign investment in Serbia's industry. The plant will produce ten million passenger car tires, two million truck and bus tires, and 10,000 off-the-road tires a year.
Serbia first in Europe in poverty
In Serbia, a quarter of the population, with the monthly income of 15,400 dinars, is considered poor, and our country tops the list of the poorest countries in the EU – says the professor at the Faculty of Economics, Mikhail Arandarenko. He added that in 2016, the absolute poverty rate of the population with the income below 11,700 dinars was 7.3 percent, and that 1.5 percent of the population lived in extreme poverty.
Chinese interested in PKB – Expert teams to arrive to Belgrade
One of the leading Chinese companies is looking into PKB and will soon send a special expert team to Belgrade on this occasion, Ambassador of China to Serbia Li Manchang said a few days ago and added that China was interested in privatizing a half of 120 state companies in Serbia, among which are RTB Bor and PKB. As Politika reports, the Chinese were mentioned earlier unofficially as having displayed interest in the privatization of the biggest Serbian agricultural combine, but this is the first time that a high official of China has mentioned this possibility in a statement.