Daily Report 09.05.2018
Објавено: 09. 05. 2018

SERBIA:

KMBN: EGM scheduled for 30th May
Komercijalna Banka (KMBN) informed that it scheduled it EGM for 30th May this year. Major topic is appointment and dismissal of managing board members. No other issues will be discussed.
Source: Belex, Ilirika

Minister Vujovic resigns
Serbian Finance Minister Dusan Vujovic resigned his post citing personal reasons. As RTS unofficially learns, Vujovic decided to leave his post in the Ministry of Finance due to health issues. Since media in Belgrade previously reported this news, he stated that four years that he occupied the position were time enough for one to prove oneself in the office. Vujovic performed the function of Minister of Economy from April 27 to August 4 2014. He was subsequently appointed Minister of Finance taking over for Lazar Krstic and he stayed in this post until August 2016. He was also in office from August 2016 till June 2017 and in the latest Government convocation.
Source: Ekapija

Farmers focusing more on sunflower than maize
This year, we have planted sunflower on between 240.000 and 250.000 hectares of land, which is an all-time record, says Vukosav Sakovic, director of Zito Serbia. Farmers have had ideal weather conditions for sowing – warm climate and the land that was moist enough in its deeper layers. There hasn’t been too much precipitation either. However, the concern now is with the high daily temperatures and dry surface layers of the land, so the rain is very much needed to speed up the growing process.
Source: Serbiamonitor

REGION:

SBITOP down 0.13%
SBITOP was down 0.13% yesterday, with Krka as the most traded name. The stock delivered EUR 603ths, while its price was up 0.68%. Major gainer was Gorenje, with 1.27% jump. Daily looser was Triglav, with 2.07% decline.
Source: LJSE, ilriika

INO:

Stocks close little changed after Trump decides to pull US from Iran nuclear deal, European markets closed flat
Stocks closed little changed on Tuesday after President Donald Trump announced he was withdrawing the U.S. from the Iran nuclear deal signed three years ago. The Dow Jones industrial average finished about 3 points higher, with J.P. Morgan Chase as the best-performing stock in the index. The S&P 500 closed just below breakeven as utilities fell 2.5 percent. The Nasdaq composite eked out a small gain. Crude settled 2.4 percent lower at $69.06 per barrel and briefly fell more than 3 percent.
In corporate news on Tuesday, sources told CNBC that NBCUniversal-parent Comcast is planning an all-cash bid for most of 21-Century Fox's assets if the U.S. government approves AT&T's purchase of Time Warner. Comcast shares dropped 5.5 percent, while Fox slipped 0.1 percent.
European markets closed almost flat Tuesday, as investors eagerly awaited critical news surrounding the Iran nuclear accord. The pan-European Stoxx 600 closed provisionally around 0.1 percent higher Tuesday, with most major European bourses in negative territory.
On a stock basis, Shire finished near the top of the European benchmark, gaining almost 5 percent. Japan's Takeda Pharmaceutical has struck a deal to buy the Irish drugmaker for £46 billion. The agreement ends a takeover battle that had seen Takeda make five offers for UK-listed Shire since late March.
Source: CNBC, Ilirika