Daily News - 23.04.2018
Published: 23. 04. 2018


SBITOP lost 0.72 percent during last week

SBITOP lost 0.72 percent during last weekThe biggest drop in the Slovenian market last week was experienced on Friday when market went down by 0.70 percent. The biggest drop on Friday was experienced by Gorenje (-2.90%), Zavarovalnica Triglav (-1.80%) and SavaRe (-1.69%). Otherwise during the week the biggest gainer was Unior (+6.25%).

Consumer confidence up in April

After a two-month drop, Slovenia's consumer confidence index increased again in April, reaching the highest point on record and significantly exceeding the long-term average, the Statistics Office said on Friday

Abanka's profit down 44% in 2017

Abanka, a state-owned bank slated for privatisation, saw its profit decline by about 44% to EUR 42.6m in 2017, according to preliminary results released on Friday.



Week ahead
Next week the US will be publishing the advance estimate of GDP growth for the first quarter of 2018, alongside durable goods orders, existing and new home sales, flash Markit PMIs and the final reading of Michigan consumer sentiment. Elsewhere, the ECB and Bank of Japan will be deciding on monetary policy. Other important releases include: UK flash Q1 GDP growth and Gfk consumer confidence; Eurozone business survey and Markit PMIs; Japan unemployment, retail trade, industrial output and Nikkei Manufacturing PMI; and Australia inflation rate.


NIIS: NIS to report 1Q18 numbers of Friday, 27th April, after the market close

NIS (NIIS), integrated oil&gas company, announced that it will report its 1Q18 numbers of Friday, 27th April, after the market close. As for remembrance, last year 1Q brought RSD 5.4bn in net profit and RSD 11.1bn in EBITDA.
Source: NIS

RTB Bor exports 7,523 tons of copper in three months of 2018 – Goods worth USD 54.3 million sold abroad

RTB Bor sold goods worth USD 54.3 million in the foreign market in the first quarter of 2018, an increase by 34% compared to the same period in 2017, when the export amounted to USD 40.6 million. The foreign exchange inflow in the first three months is better by a third thanks to an increase in the production at RTB Bor, an increase in the price of copper, but also of the constantly large demand for the “red metal” from the countries in the region, Kolektiv reports.
Source: Ekapija

Serbia's Jan-Feb c/a gap narrows slightly

Serbia's current account deficit edged down to 314 million euro ($386.3 million) in the first two months of 2018, from 315 million euro in the like period of last year, the central bank, NBS, said. In February alone, Serbia's current account balance showed a deficit of 249 million euro, compared to a deficit of 202 million euro a year earlier. In 2017, Serbia's current account deficit widened to 2.09 billion euro from 1.075 billion euro in the previous year.
Source: SeeNews

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