Bearish week in Serbia
After two weeks of rally BELEXline turned down losing 1.7% in value over the last five days
The management Board of Sojaprotein made a decision to issue new shares through the public offer. The company will issue 53.900 of new shares with voting right. The shareholders registered at the Central Depository Institution as of 2 November 2007, will have preemptive right, in the proportion with the number of shares they own. Sojaprotein lost 7.7% of its value over the last 14 trading days.
company for the production of mineral water and non-alcoholic drinks BB Minaqua will sell its carbonated water on the Romanian market and complement its product range in Macedonia with non-carbonated water brand Life in new packaging. The company, which exports its products to Bosnia and Herzegovina, Macedonia, Montenegro, Hungary, Australia and Romania, plans to intensify the export. BB Minaqua ended 1.87% lower in Friday.
Businessmen Predrag Rankovic and Jovica Stefanovic became the new majority owners of Biscuit Factory Medela from Vrbas. The two businessmen purchased this factory's shares on the Belgrade Stock exchange through the companies Invej which possesses 24 % of shares, Monus which possesses 20 %, MD Invest and MD Nini which possess 10 % each and brewery Nis which possesses 8 % of shares. Medela was quite volatile in the last several days. It soared by almost 100% two weeks ago but retreated by 40% until Friday.
Pharmaceutical firm Zorka Pharma in Sabac posted about RSD 1.01 billion in January-June revenues, up from the planned RSD 996 million. The company targets some RSD 1.99 billion in 2007FY. In 2006, it posted a RSD 329.7 million profit and revenues of RSD 2.57 billion, according to earlier reports. Zorka Pharma was stable at RSD 2.000 per share during the last week.
Deputy Prime Minister Bozidar Djelic met New York Stock exchange CEO John Thain and his associates in New York late on Wednesday to discuss the capital markets in Serbia and Southeastern Europe and assistance to the regional stock markets in infrastructure and IT development. NYSE officials said they are interested in exploring a possibility of partnership with the Belgrade Stock exchange through regional cooperation, said Djelic, who is heading a Serbian delegation at the 2007.
BSE indices (charts)
market Data (table)
Equity market Data (table)
Bulls of the Week (table)
Bears of the Week (table)
Most Traded (table)
Equity Turnover (chart)
Foreign Investor Participation in Equity Turnover (chart)
Most Traded Stocks (table)
3-Month Charts: ALFA, AIKB, BNNI, BMBI, ENHL, AGBN, IMLK, TIGR, TGAS, CCNB, KMBN, SJPT
Block Trading (table)
Upcoming Events (table)
Industries (tables)
Featured Stock: PRJM (table and chart)
Press Release
Ikarbus a.d. Beograd [BELEX: IKRB]: New Deliveries
Ikarbus, vehicle manufacturer won tender for delivery of 100 buses to the City of Belgrade. All buses should be delivered during 2008 while the value of this job is estimated at EUR 25 mln.
Targeted GDP growth of 6.3%
Basic objective of the Serbian government economic policy in the next three years will be maintaining macroeconomic stability and continued economic growth and employment , it is said in the Memorandum on the budget and economic and fiscal policy in 2008 with forecasts for 2009 and 2010, which was adopted by the government.
NBS worried about constant exchange rate increase
National Bank of Serbia (NBS) Governor Radovan Jelasic on Friday voiced concern with the constant increase of the exchange rate of the dinar against the euro over the past five months and stressed that the central bank would not react hastily by intervening on the foreign currency market in order to stop the growth of the dinar, because this would have a short-term effect.
Sojaprotein Issues Shares through Public Offer
management Board of Sojaprotein made a decision to issue tnew shares through the public offer. The company will issue 53.900 new regular shares with voting right. The accounting value of the shares will be 2.318, 3 dinars, announced the Becej-based company on the website of Belgrade Stock exchange. The shareholders registered at the Central Securities Depository and Clearing House of Serbia will have preemptive on November 2nd, in the proportion with the number of shares they own.
Contract for construction of bypass around belgrade
Serbian Minister without Portfolio in charge of the implementation of the National Investment Plan (NIP) Dragan Djilas on Friday signed on behalf of the Serbian government a financial contract on guarantees relating to the construction of the Belgrade City Road Bypass - the Section A with representatives of the European Investment Bank (EIB).
Djilas: Traffic and infrastructure among priorities
Minister Without Portfolio in charge of the National Investment Plan (NIP) Dragan Djilas on Friday stated that traffic, infrastructure and transport are among the country's biggest priorities, because Serbia is far behind Europe in those areas.
DEBT Securities (chart)
GOVERNMENT BONDS (table)
TREASURY BILLS (table and charts)
Regional Markets: CEE Markets (table)
exchange Rates (table and chart)
*****
To view the original document, please click on the link below:
http://reports.aiidatapro.com/SBB/KBC/WF_15-19Oct2007.pdf
*****
Copyright: 2007 Senzal a.d. All rights reserved.
For further Information please contact Senzal, 3 Cincar Jankov Str. , 11000 Belgrade, Serbia
Phone: +381 11 218 08 56, fax: +381 11 218 09 02, e-mail: senzal@senzal.co.yu, web site: http://www.senzal.co.yu
*****
AII Data Processing does not endorse in any way, the views, opinions or recommendations expressed above. The use of the Information is subject to the terms and conditions as published by the original source, which you have to read and accept in full prior to the execution of any actions taken in reliance on Information contained herein.
 | SeeNews SeeNews is a business and financial news and information provider which brings its visitors and customers access to detailed coverage on the fast-growing companies, economies and markets of ten Southeast European nations. |
Search for: tender |
Search for: market |
Search for: management |
Search for: share |
Search for: company |
Search for: indices |
Search for: exchange |
Search for: tables |
Search for: chart |
Search for: Macedonia |
Search for: Montenegro |
Search for: Romania |
Search for: Serbia |
WF 15-19Oct2007.pdf, 157 Kb
