Daily Report 12.10.2020
Објавено: 12. 10. 2020

Dow closes 160 points higher, posts best week since August as investors monitor stimulus talks; European stocks close higher as investors track U.S. stimulus talks; BELELX15 down 0.27%; NBS FX reserves at EUR 13bn 
Stocks rose on Friday to end their best week in months as President Donald Trump signaled support for a bigger coronavirus aid package. The Dow Jones Industrial Average closed 161.39 points higher, or 0.6%, at 28,586.90. The S&P 500 gained climbed 0.9% to 3,477.13. The Nasdaq Composite advanced 1.4% to close at 11,579.94. 

 

European markets closed higher Friday as investors monitored talks on a fresh coronavirus relief package stateside. 
The pan-European Stoxx 600 closed up by 0.6% provisionally, with basic resources and travel shares both adding 1.5% to lead gains, while autos fell 0.9%. For the week, the Stoxx 600 logged a 2% gain. 
At the top of the European blue chip index, Rolls-Royce surged 14% as investors keep faith in the British airplane engine manufacturer’s rights issue announced last week, while Pandora shares climbed more than 17% after the Danish jeweler hiked its profit guidance. 


BELEX15 was down 0.27% mainly due to 7.3% drop at Energoprojekt, while almost all of the traded volume was related to NIS, since it generated RSD 0.4m in volume. 
Gross NBS FX reserves amounted to EUR 13,030.3 mn at end-September, covering 136% of money supply M1 and six months’ worth of the country’s import of goods and services, twice more than the standard on the adequate level of coverage of the import of goods and services by FX reserves. 
Source: CNBC, Ilirika