SLOVENIA
Govt spokesperson says Croatia becoming threat to EU
Jelko Kacin, the government's spokesperson for Covid-19, has described Croatia as a "serious threat to all other EU countries" due to the coronavirus situation there. "Time will tell how serious the situation there is. I have many reasons to worry," he told the latest edition of Reporter magazine. (STA)
INTERNATIONAL MARKETS
Dow jumps 190 points, S&P 500 closes at another record to finish week; European stocks close lower after euro zone PMIs disappoint; Adyen down 3.7%; BELEX15 up 0.21%; Jedinstvo reports fall in sales&net profit on a consolidated scale for 6M 2020
Stocks rose on Friday, lifted by strong U.S. economic data, to end a week that saw the broader market reach a record level. The Dow Jones Industrial Average finished the session up 190.6 points at 27,930.33, a gain of about 0.7%. The S&P 500 advanced 0.34% to 3,397.16, a new record closing high. The Nasdaq Composite climbed 0.4% and ended the day at 11,311.80, also a record close.
Apple shares rose 5.1% to an all-time high, building on this week’s strong gain. Deere and Foot Locker jumped 4.4% and 1.4%, respectively, on better-than-expected quarterly results. Meanwhile, existing-home sales for July saw a record month-over-month spike of 24.7%. The average selling price for homes also hit an all-time high, jumping to $304,100.
European stocks closed lower Friday as investors focused on disappointing economic data out of the euro zone and geopolitical tensions. The pan-European Stoxx 600 finished the session marginally lower by 0.15%, as most sectors and major bourses sank despite starting the session in positive territory.
Dutch payment company Adyen dropped 3.7% after several top executives sold their 15% stakes.
Serbian BELEX15 was up 0.21% as Belgrade Airport and NIS advanced another one day. The most active names were Komercijana and NIS as each generated RSD 1.2m in volume. From the corporate side we had Jedinstvo Sevojno which reported 6M consolidated numbers. This time, its sales were down 16%, while net profit is almost 50% lower. This is probably due to dynamic of execution or lower volume of finalization, while it is too early for final conclusion for overall 2020 performances as summer usually generates higher volume of projects. (CNBC, ILIRIKA)
