Daily Report 03.12.2020
Објавено: 03. 12. 2020

Stocks are little changed after strong start to December, Salesforce drops; European stocks close mostly lower but UK’s FTSE 100 climbs on vaccine approval; LSE up 9%; BELEX15 up 0.32% 
U.S. stocks were little changed on Wednesday, taking a breather following a strong start to the month that lifted the S&P 500 and Nasdaq Composite to record highs in the previous session. 
The Dow Jones Industrial Average rose just 38 points, or 0.1%. The S&P 500 posted a marginal gain, and the Nasdaq Composite slid 0.1%. Dow component Salesforce announced it is acquiring messaging platform Slack for $27.7 billion. The Slack deal marks the cloud software vendor’s largest deal ever. Shares of Salesforce were off by 8.4%. That decline was offset by gains in bank and energy names. JPMorgan Chase and Goldman Sachs rose 1.2% and 2.2%, respectively. Chevron advanced 3.4%. Boeing also popped more than 3%. 
On the data front, private payrolls rose by 307,000 in November, according to ADP. Economists polled by Dow Jones expected 475,000 private jobs were added in November. The number was also the lowest since July. ADP’s report comes days ahead of the Labor Department’s monthly jobs report. 


European stocks closed mostly lower on Wednesday after a record rally last month, though U.K. shares got a boost following news of the country’s approval of a coronavirus vaccine. 
The pan-European Stoxx 600 provisionally closed 0.1% lower, with most sectors and major bourses in negative territory. Britain’s FTSE 100 index, however, climbed over 1.2%. 
In terms of individual share price movement, the London Stock Exchange rose over 9% after Reuters reported, citing unnamed sources, that the company was set to win EU antitrust approval for its $27 billion acquisition of data analytics firm Refinitiv. 


BELEX15 added 0.32% as NIS gained 1.7%. This was absolutely the most active name as it generated RSD 18m in volume, which was over 90% for the entire market activity. 
Y-o-y, real retail trade turnover increased by 6.3% in October and by 5.2% in the period January–October 2020. As regards tourism, the total number of tourist overnight stays was by 37.5% lower than in October 2019 and the number of domestic tourist overnight stays by 14.9%. Turning to external trade, the export of goods went up by 2.3% y-o-y, while import declined by 2.7% y-o-y. Export growth was led by manufacturing exports, while the fall in goods import was driven by the lower import of intermediate and consumer goods. 
Source: CNBC, Ilirika