SLOVENIA
SBITOP faces light downwards move
After strong Monday’s session, SBITOP was corrected yesterday downwards by 0.18%. Daily gainer was Intereuropa with 2.94% jump, while most traded name was Triglav with EUR 316ths in volume. Daily looser was Petrol, since it was down 0.86%.
Source: LJSE, ILIRIKA
Triglav entering Croatian pension insurance market
A subsidiary of the Slovenian insurance group Triglav signed an agreement with the Croatian subsidiary of Austria's Raiffeisen Bank on Tuesday to acquire a majority stake in the Croatian pension insurer Raiffeisen Mirovinsko Osiguravajuće Društvo. The acquisition still needs to get a regulatory approval.
Source: STA
INTERNATIONAL MARKETS
US New Home Sales Beat Forecasts while 10-Year bond yeild rises above 3%
Sales of new single-family houses in the US rose 4% mom to an annual of 694K in March, beating expectations of 625K, while 10-Year bond yeild rises above 3% as market droped by more than percent on yesterdays trading day (SP500 1,34%). Year-on-year, new home sales surged 8.8 percent and building permits increased 2.5 percent from the previous month to a seasonally adjusted annual rate of 1,354 thousand, beating market expectations of 1,323 thousand.
Source: TA, ILIRIKA
SERBIA
AERO: Vinci files notice to Commission for Protection of Competition
The president of the Commission for Protection of Competition, Miloje Obradovic, stated on Friday, April 20, that the French company Vinci had addressed them about the concession for the Belgrade Airport. Vinci has filed a notice about the concentration, which will be processed by the Commission within a 30-day deadline period proscribed by law – Obradovic explained. He said that he expected the case to be solved within 30 days.
Source: Ekapija
Direktna Banka official owner of Piraeus Bank Belgrade – Final merger to take place in November 2018
Direktna Banka Kragujevac announced on Monday, April 23, 2018, that it had officially bought 100% of Piraeus Bank Belgrade from the Piraeus Bank Group, to the end of expanding its operations and strengthening its position in the market of Serbia. After the merger, which is expected to take place in November 2018, the banks will operate under the name of Direktna Banka and have a single network of branch offices throughout Serbia and a property of close to EUR 500 million, it is said.
Source: Ekapija
