INO:

Stocks rebound from Friday’s deep sell-off, but coronavirus fears linger; European shares close higher as coronavirus fears ebb

Stocks rose solidly on Monday, recovering some of the losses from the previous session’s steep sell-off, but investors remained wary about the bounce as coronavirus fears lingered. The Dow Jones Industrial Average closed 143.78 points higher, or 0.5%, at 28,399.81. The S&P 500 gained 0.7% to end the day at 3,248.92 while the Nasdaq Composite was up 1.3% at 9,273.40.
Nike led the Dow higher with a 3.1% rise after analysts at UBS and JPMorgan recommended buying the stock on coronavirus-related weakness. JPMorgan called this recent pullback a “multi-year buying opportunity.” Tesla, meanwhile, jumped more than 19% to record levels after an Argus Research analyst hiked his price target on the stock to $808 per share.
European markets closed higher Monday, bouncing back from a deep sell-off last week as fears over the coronavirus outbreak appeared to ease.
The pan-European Stoxx 600 closed provisionally up by 0.3%, led higher by technology shares. The oil and gas sector however bucked the trend amid fears the spread of coronavirus could hit Chinese demand.
Ryanair announced a beat on third-quarter revenue expectations on Monday morning and raised its profit guidance, leading the budget carrier’s stock around 6% higher.
Source: CNBC

SERBIA:

Serbian exports 7.7 pct up y-o-y, imports 8.9 pct up y-o-y

Serbia's overall external trade totalled 41.4 bln euros in the period from January to end-December 2019, rising 8.4 pct y-o-y, with exports 7.7 pct up and imports 8.9 pct up, the national statistical office RZS said Friday. Exports amounted to 17.53 bln euros, while imports totalled 23.87 bln euros, resulting in a 6.34 bln euro deficit that was 12.5 pct up y-o-y. The export-import ratio was 73.4 pct, down from 74.3 pct in the same period of the year before. The Vojvodina region accounted for most of Serbia's exports (35 pct), while the Belgrade region had the largest share of the imports (48 pct). External trade was the highest with countries with which Serbia has free trade agreements, and EU member states accounted for 61.8 pct of the total.
Source: Tanjug

Petrohemija Pancevo expects EUR 5 million in investments – New employments planned

Real retail trade turnover increased by 9.7% in 2019, while in December alone it went up by 13.1%. In the last five years, real trade turnover growth reached almost 30%, mainly as a result of higher employment and wages in the private sector.
Source: NBS

2019 a record year for Serbian tourism

Serbian Deputy PM and Minister of Trade, Tourism and Telecommunications Rasim Ljajic on Friday said the final 2019 statistics on the number of tourists in Serbia indicated a record year for the country's tourism. In a statement to Tanjug, he said Serbia had welcomed 3,689,983 tourists last year - which is a 7.6 pct increase - and that 1,846,551 of them had been foreign visitors, compared to 1,843,432 Serbian tourists.
Izvor: Tanjug