INO:

Dow falls 250 points, ekes out small weekly gain after a wild run; European stocks close 3.6% lower amid coronavirus volatility; oil sector down 5.5%

Stocks fell on Friday, capping a roller-coaster week on Wall Street, as coronavirus fears kept investors on edge. The Dow Jones Industrial Average cut losses rapidly in the final 10 minutes of trading, ending the day down only 256.50 points, or 0.9%, to 25,864.78. The 30-stock benchmark plunged 894.66 points at one point in the session. The S&P 500 dropped 1.7%, or 51.57, to 2,972.37, while the Nasdaq Composite fell 1.8%, or 162.98, to 8,575.62.
European stocks fell sharply Friday as the coronavirus outbreak continues to impact businesses worldwide. The pan-European Stoxx 600 closed 3.6% lower provisionally, with oil and gas shares sinking 5.5% to lead losses as all sectors and major bourses slid into the red. The sector slipped as OPEC and its non-OPEC allies failed to agree an output deal to offset the impact of the coronavirus.
Source: CNBC

SERBIA:

Serbian January budget surplus at 12.1 bln dinars

At the end of January, the Serbian budget saw a 12.1 bln dinar surplus, the Ministry of Finance said Friday. January revenues totalled 110.1 bln dinars, with tax revenues accounting for 97 bln dinars, while non-tax revenues stood at 11.2 bln dinars. VAT made up most of the tax revenues - 48.2 bln dinars. Expenditures totalled 97.9 bln dinars, the ministry said. A 4 bln dinar fiscal surplus and a 22.5 bln dinar primary fiscal surplus were registered at general government level in January. Under an annual plan, a 0.1 bln dinar fiscal deficit of the general government was planned for this period, the ministry said in a statement.
Source: Ekapija

External risks still no threat to Serbian economy – economist

External risks such as the global coronavirus epidemic and the new migrant crisis have still not reached levels that could reverse Serbia's good economic activity, Ivan Nikolic of the Belgrade Institute of Economics told Tanjug Friday. "What we are seeing is that, at this moment, unfavourable external pressure - challenges and risks coming from the outside - only pose a more serious limitation in terms of further expansion and reaching really high growth rates - probably higher than we had last year and the year before, that is, far higher than 4 pct," he said.
Source: Tanjug

Vojvodina accounts for over 1.4 bln euros of Serbian agriculture exports

The agricultural sector of Serbia's Vojvodina province accounted for over 1.4 bln euros of the national agriculture exports in 2019, a Chamber of Commerce and Industry of Vojvodina (PKV) conference on funding for agriculture in 2020 was told Thursday. PKV President Bosko Vucurevic noted that the province's contribution to Serbia's overall agricultural external trade had exceeded one third for years, standing at 45 pct - or over 1.4 bln euros - in 2019.
Source: Tanjug