INO:

Stocks close little changed in choppy trading; European markets edge lower; Kering eyes Moncler

Stocks were little changed on Thursday as investors digested strong employment data while monitoring U.S.-China trade negotiations. The Dow Jones Industrial Average was up 9 points, or 0.04%. The S&P 500 and Nasdaq Composite also hovered around the flatline. Nike led the slight gains for the Dow, rising 1.8% after a Goldman Sachs analyst upgraded the stock.
U.S. weekly jobless claims dropped 203,000 last week, the Labor Department said. That’s below a Reuters estimate of 215,000. The print was the lowest in seven months.
European stocks proved a mixed bag Thursday as investors monitored U.S.-China trade, data releases and an OPEC meeting. The pan-European Stoxx 600 closed provisionally 0.08% lower. Retail and construction stocks were among the top-performing sectors. Luxury stocks granbbed the headlines outperformed on reports that Kering is considering buying the Italian brand Moncler. Shares of the latter rose 6.9%.
On the data front, German industry orders dropped 0.4% in October. The euro zone grew at a pace of 0.2% in the third-quarter of the year, unchanged from the previous quarter.
Source: CNBC

SERBIA:

Commercial contract for construction of Morava Corridor signed

The commercial contract for the construction of Pojate-Preljina highway section of the Morava Corridor - highway E-761, which the Government adopted at yesterday's session ( December 4, 2019), has been signed today in the presence of the Serbian president, Aleksandar Vucic. Morava Corridor will be 112-km long and will connect all the following major towns of Central Serbia between Pojate and Cacak – Krusevac, Kraljevo, Trstenik and Vrnjacka Banja. This important route will create a link on the area populated by around 500,000 people. The future highway will also create a connection between two European corridors – Corridor X and XI.
Source: Ekapija

Serbia’s external trade in the first ten months of 2019 cca 35 bln EUR

The value of Serbia’s external trade in goods stood at 34.09 billion euro in the first ten months of this year, which is 7.5% more than the same period last year, with exports growing by 7.3% and imports by 7.8%, announcedthe State Statistical Office. Total export of goods stood at 14.60 billion euro, while the import amounted to 19.48 billion euro, so the deficit was 4.88 billion euro, an increase of 9.2%. The import to export ratio amounted to 74.9% and is lower than in the same period of 2018, when it was 75.3%.
Source: Tanjug

Construction of Ruma-Sabac-Loznica highway begins

The construction of Ruma-Sabac-Loznica highway, the length of 77 km, has begun today, December 5, and the value of works is EUR 467.5 million. The main contractor is the Azerbaijani company Azvirt which signed the commercial contract back in November. The works have started near Sabac where the new bridge on Sava river will be constructed and it will be 1,3km long.
Source: Ekapija