Daily Report 25.04.2018
Објавено: 25. 04. 2018

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

Air Serbia će opstati i ako Etihad ode
Predsednik Srbije Aleksandar Vučić izjavio je danas kako se nada da arapska aviokompanija Etihad neće napustiti kompaniju Air Serbia. Voleo bih kada Etihad ne bi napustio kompaniju Air Serbia i nadam se da neće - rekao je Vučić i dodao da će Air Serbia, ako Etihad odluči da ode, opstati i da će biti jača nego Jat. Navodeći da je neumesno porediti Jat iz poslednjih godina, Vučić je kazao da je Air Serbia neuporedivo bolji avioprevoznik nego što je Jat i da to pokazuje neuporedivo bolji rezultati.
Izvor: 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

REGION:

SBITOP faces light downwards correction
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

INO:

Dow tanks more than 400 points after opening higher — Caterpillar leads the rollover; European stocks close mixed after US 10-year yield hits 3 percent for first time since 2014
Stocks fell on Tuesday, giving up earlier gains, as investors worried about rising interest rates and reacted to comments on a conference call from bellwether Caterpillar that hinted economic growth may slow later in the year. The Dow Jones industrial average lost 1.74%, S&P 500 fell 1.3 percent, while Nasdaq composite declined 1.7%.
Caterpillar reported earnings and revenue that beat expectations, sending the stock higher initially. But the industrial giant's shares rolled over later in the day, falling 6.2 percent. Caterpillar CFO Bradley Halverson said during a conference call that the company's outlook assumed that the first quarter would be "the high watermark for the year." The construction equipment maker is a barometer for the state of the economy and the overall market.
3M reported quarterly earnings that met analyst expectations, but the stock dropped about 6.83 percent after the company lowered its full-year profit forecast. Alphabet, meanwhile, topped bottom-line estimates but its stock declined more than 4.5 percent.
Stocks fell on European stocks closed mixed on Tuesday, as investors monitored bond yields and the latest deluge of corporate earnings. The pan-European Stoxx 600 closed provisionally close to the flatline, with most sectors and major bourses in negative territory.
Looking at individual stocks, Germany's SAP announced upbeat figures despite a seasonally tough first three months of the year. Europe's largest tech company by stock market valuation said Tuesday it was gaining ground on its competitors in the cloud. Shares of the company were up 3.5 percent.
Source: CNBC, Ilirika