Mulk Holdings has acquired a large 10 acre asset in Serbia and announced an investment of $20 million toward theestablishment of a new production facility in Europe.This strategic move is in line with the company's continued expansionprogram of establishing manufacturing plants close to demand markets.The facility, situated in the Nemanjina Street, BanatskiKarlovac, Serbia, 60km from Belgrade (capital of Serbia), will have a state-of-the art production facility with a 3,000 squaremeters office and showroom space and 10,000 square meters of production Area which will be built in several phases.The newfactory will have a capacity of 3 million m2 of fire rated metal composite panels and 10,000 tons of color coated coils.Shaji UlMulk, Chairman of Mulk Holdings International, said: "Our Investment in Europe started last year with the establishment ofAlubond Europe in Pancevo, Serbia in a leased facility.(source:bloomberg)
Equity market
SERBIA
-51.83%
15,004,092 Din.
The Serbian government said on Wednesday it plans to invest around 170 million euro ($221 million) in several constructionprojects this year. Serbia will launch the construction of 1,700 flats for low-income families in 12 cities, a project worth 30 millioneuro, the government said in a statement, quoting the minister of environment, mining and spatial planning Oliver Dulic.Out ofthe 18 billion dinars ($222 million/170 million euro) of state aid earmarked for the construction industry in 2011, only 8.0 billiondinars have been spent while the remainder will be disbursed for this year's projects. A large-scale conversion to residential useof the disused Stepa Stepanovic barracks in Belgrade, a project worth 40 million euro, will also be completed this year, thestatement said.(source: bloomberg)
Serbian PM Mirko Cvetković’s economic advisor Jurij Bajec told Tanjug there was a realistic chance Serbia would maintainmacroeconomic stability in 2012. He believes that macroeconomic stability will be maintained regardless of the influence of thecrisis coming from abroad, because the government has set aside around EUR 1.5bn in the budget for capital projects and EUR600mn for subsidies and has also signed a precautionary arrangement with the International Monetary Fund (IMF). Bajecstressed it would be very good if Serbia got candidate status for EU membership this year, as this would draw foreign investors,noting the state needed to cut spending and carry out a reform of the public sector and the tax system. "These are definitely notall the necessary measures, because when you are a candidate for EU membership, then investors see a long-term perspectiveof where you are headed, and investments are long-term projects. An investor would be more likely to come with the candidacyas a sort of additional guarantee," he explained. (source: b92)
Napomene: (1) Promet=prosečna ponderisana cena x obim. (2) P/BV-price to book value je racio koji predstavlja odnos tržišne cene i knjigovodstvene vrednosti. (3) P/E-price to earnings je racio koji predstavlja odnos tržišne cene i zarade po akciji (EPS). (4) ROE-return on equity je racio koji predstavlja odnos neto dobiti i akcijskog kapitala. (5) Mcap-
tržišna kapitalizacija=tržišna cena akcije x broj akcija
20,864,740,000 Din.Imlek
Price
252,958,700 Din.
860,627,300 Din.
ROE
350,487,900 Din.
459,288,000 Din.
1,479,411,000 Din.
3,490,089,000 Din.
354,834,500 Din.
420,918,000 Din.
322,150,600 Din.
1,640,320,000 Din.
13,962,070,000 Din.
Market Capitalization
282,287,800 Din.
1,394,615,000 Din.
3,259,136,000 Din.
Company
280,423,000 Din.
329,844,800 Din.
4,457,629,000 Din.
318,557,300 Din.
797,705,000 Din.
243,731,000 Din.
1,243,045,000 Din.
Vital
Pupin Telecom 142,490,600 Din.
423,345,900 Din.
1,305,206,000 Din.
470,626,700 Din.
467,728,500 Din.
725,522,900 Din.
Daily
change
Turnover in
RSD
Company
Ticker P/E
Continuous Trading Method
Daily
changeP/EPrice P/BV
Energoprojekt holding
Soja protein
Naftna industrija Srbije
Aerodrom Nikola Tesla
ROE
Weekly
change
Weekly
change
Alfa Plam
Komercijalna banka
Ticker
1,957,870,000 Din.
14,762,280,000 Din.
Ticker ROECompany
1,632,000,000 Din.
3
-0.14% -16.22%
0.23% -30.06%
0.81% -11.52%
0.14% -17.57%
-0.18% -36.44%
Source: Bloomberg
crobex sbi20
sofix bet-c
dj balkan
SOFIX
Slovenija 594.76
Bugarska
SBITOP
320.62
Hrvatska
Index
REGION
ValueCountry / Region
Crobex 1,768.56
YTD
BET
379.25
Rumunija 4,342.97 4,336.95
DJ Stoxx Balkan 50 378.56
The European Central Bank’s unprecedented cash injection is easing borrowing costs for Italy, Spain and Belgium,compensating for the lack of a solution to the debt crisis and the risk of recession.Two-year Italian yields have dropped by 50basis points and Belgian notes of the same maturity have declined by 22 basis points since Dec. 21, when the ECB suppliedbanks with 489 billion euros ($636 billion) of three-year loans. Short-dated Italian and Spanish debt outperformed AAA ratedGerman and Dutch securities during that period. “Short-term borrowing costs have come down significantly and that certainlyhelps to buy time,” said Jens Nordvig,managing director of currency research at Nomura Holdings Inc.in New York. “Six weeksago, it looked as if there was going to be an imminent funding crisis, but that’s averted by the ECB’s money injection.”(source:bloomberg)
Balkan
Hungary’s Treasury-bill yields rose to the highest level in 2 1/2 years before an auction today as concern the InternationalMonetary Fund and the European Union won’t resume aid talks pushed the forint to a record low.The government is offering 45billion forint ($140 million) in one-year bills, according to data from the Debt Management Agency on Bloomberg. The yield onexisting Treasury bills of the same maturity increased 20 basis points to 8.8 percent yesterday, the highest since July 2009,according to generic prices compiled by Bloomberg. The forint weakened 0.5 percent to an all-time low of 322 per euro by 8:55a.m. in Budapest.(source: bloomberg)
Navedene informacije date su u svrhu opšteg informisanja i ne mogu biti zamena za finansijski savet niti se njihovim objavljivanjem stvara bilo kakva obveza za Banca Intesa adBeograd. Banca Intesa ad Beograd ne prihvata odgovornost za bilo kakvu štetu nastalu upotrebom informacija iz ovog materijala. niti garantuje za njihovu tačnost. Zabranjeno jedalje distribuiranje i umnožavanje ovog materijala ili nekih njegovih delova bez prethodnog pisanog pristanka Banca Intesa ad Beograd.
Previous Change YTD
SAD
2,648.72
8,560.11
Dow Jones Stoxx 600
Japan
12,418.42
U.S. stocks erased an early loss to finish little changed, leaving the Dow Jones Industrial Average at the highest level since July,as improving sales at retailers and carmakers helped offset lower-than-forecast factory orders. Ford Motor Co. rose 1.5 percentafter carmakers reported December sales that beat analysts’ estimates, capping the industry’s best year since 2008. HomeDepot Inc., Lowe’s Cos.and Starbucks Corp. advanced at least 1.4 percent after the International Council of Shopping Centersincreased its estimate for December retail-sales growth. Yahoo! Inc. lost 3.1 percent after appointing Scott Thompson chiefexecutive officer.The Standard & Poor’s 500 Index rose less than 0.1 percent to 1,277.30 at 4 p.m. New York time, after droppingas much as 0.7 percent earlier. The benchmark index is at its highest level since Oct. 28. The Dow added 21.04 points, or 0.2percent, to 12,418.42 .(source:bloomberg)
European stocks were little changed before a French bond sale and a report that may show the American service industry grewthe fastest in three months. U.S.index futures were also little changed, while Asian shares declined. L’Oreal SA gained afterreporting 2011 sales that rose more than 4 percent. Societe Generale SA dropped 1.6 percent after announcing a 10 percent cutin corporate- and investment-banking staff.The Stoxx Europe 600 Index rose 0.2 percent to 250.09 at 8:07 in London. The gaugelost 11 percent last year as policy makers struggled to contain the region’s debt crisis. The March contract on the Standard &Poor’s 500 Index slid 0.1 percent.The MSCI Asia Pacific Index dropped 0.5 percent.The benchmark measure yesterday retreatedfrom a five-month high on concern that the region’s banks will need to raise more capital to weather the sovereign-debtcrisis.France plans to sell as much as 8 billion euros ($10.4 billion) of debt today in the country’s first test this year of investorappetite for its bonds amid threats of a downgrade of its AAA rating by credit-rating companies. (source:bloomberg)
