Daily Report 18.06.2020
Објавено: 18. 06. 2020

Dow drops more than 100 points, snaps 3-day winning streak; European markets close higher as recovery hopes persist despite geopolitical tensions; BELEX15 ends Wednesday nearly flat; A sharp drop in building permits number in April
The Dow Jones Industrial Average and S&P 500 fell for the first time in four sessions on Wednesday as stocks that would benefit the most from an economic reopening struggled throughout the day. 
The 30-stock Dow closed 170.37 points lower, or 0.7%, at 26,119.61. The S&P 500 dipped 0.4% to 3,113.49. Both the Dow and S&P 500 swung between gains and losses throughout the session. The tech-heavy Nasdaq Composite outperformed, rising 0.15% to 9,910.53.
Those losses came amid lingering concerns over the coronavirus. Beijing has also canceled several domestic flights in order to curb the spread.

European stocks closed higher on Wednesday as optimism persisted over a potential economic recovery, while markets also kept an eye on geopolitical tensions.
The pan-European Stoxx 600 provisionally closed up around 0.7%, with healthcare stocks adding 1.8% to lead gains as most sectors and major bourses ended in positive territory.

BELEX15 was with no major changes – actually the index was down by symbolic 0.07%. NIS was nearly single active name as it generated over 95% of trade volume for the entire market (RSD 3.3m). The stock was down 0.33%. No other events were seen.
From abroad economy, an expected decline in April was recorded in the real estate sector, where 36.7% fewer building permits were issued relative to the same month of 2019.
The State Statistical Office (RZS) said that 1,016 building permits were granted in April. The decline in the number of issued building permits is quite steep due to the pandemic. The Business Register Agency also recorded a one-third drop in the number of applications for building permits at the end of April. 
Source: CNBC, Ilirika