SERBIA:

Citizens keeping EUR 9.7 billion and RSD 56.4 billion in banks
According to the data sent by the NBS to Tanjug, at the end of September 2018, citizens' dinar savings amounted to RSD 56.4 billion. This is three times as much as in late 2012. In the first nine months of the current year, dinar savings increased by RSD 6.2 billion, that is, by 12.3% – says the NBS, which is marking the World Savings Week through programs of financial education until November 2.
Source: Ekapija

NBS: Serbian GDP grew 3.7% y/y in 3Q18
According to preliminary estimate of the Statistical Office, real y-o-y GDP growth measured 3.7% in Q3 2018. In the year to September, industrial production rose 2.3% relative to the same period of 2017, led by the further growth of manufacturing (2.7%). More than three quarters of sectors within manufacturing recorded growth, while the strongest positive contribution came from the production of petroleum products, base metals and construction material. Seasonally adjusted, manufacturing expanded in September by 2.3% m/m. The key contributor to the monthly growth in manufacturing was higher production of motor vehicles and chemical and pharmaceutical products.
Source: NBS

SORS, NBS: Retail trade turnover in September up 5.9% y/y, Import keeps growing faster vs. export
Based on data of the Statistical Office, September retail trade turnover went up by a real 5.9% y-o-y. In the year to September, it was up by 4.0% in real terms relative to the same period of 2017. In the period January–September, commodity exports and imports in euro terms rose by 7.7% and 12.8% y-o-y, respectively. Export growth was driven mostly by manufacturing exports which gained 9.8% in the period observed. Looking ahead, impetus to export growth is also expected to come from the recovery of agricultural product exports, given the excellent agricultural season this year. Import growth, on the other hand, was led mainly by stronger imports of intermediate and capital goods for the needs of industrial production and investments.
Source: NBS

REGION:

Hrvatski Telekom 9-mo cons net profit rises 18.6% y/y
Croatia's biggest telecoms operator, Hrvatski Telekom, said on Wednesday its nine-month consolidated net profit increased 18.6% on the year to 872 million kuna ($133.2 million/117.3 million euro). Consolidated revenues in the nine months through September rose by 2 million kuna to 5.787 billion kuna, Hrvatski Telekom said in a statement. Earnings before interest, taxes, depreciation and amortisation (EBITDA ) before exceptional items increased 3.5% to 2.427 billion kuna with a margin of 41.9%.
Source: SeeNews

INO:

Stocks surge to cap off wild October, but S&P 500 posts biggest monthly loss since 2011, European markets extend comeback to close higher but October losses weigh
Stocks rose sharply on Wednesday for a second straight day as strong earnings from General Motors and Facebook lifted sentiment. The Dow Jones Industrial Average surged 241.12 points to 25,115.76, led by Visa, bringing its two-day gain to about 650 points. The S&P 500 gained 1.1 percent to 2,711.68 as consumer discretionary and energy outperformed. The Nasdaq Composite advanced 2 percent to 7,305.90 and briefly climbed out of correction territory.
General Motors shares spiked 9.1 percent after the company reported quarterly results that easily topped expectations. The company said it sold fewer cars in the third quarter, but at a higher price, boosting its bottom line.
Facebook shares rose 3.8 percent after the company reported on Tuesday better-than-expected earnings. CEO Mark Zuckerberg said during the company's earnings call Facebook plans to invest significantly in its business next year. He also said Facebook plans to build products such as Facebook Watch and Instagram TV.
European stocks rallied Wednesday as investors digested further corporate earnings and took advantage of heavy selling during October. The pan-European Stoxx 600 provisionally rose 1.74 percent over the session, with all sectors in positive territory. France's CAC 40 index led the gains among the major bourses, trading more than 2.3 percent higher.
Looking across the European benchmark, L'Oreal rose towards the top of the European benchmark, after reporting higher third-quarter sales from a year ago. Shares of the Paris-listed stock jumped 6.7 percent on the news.
Meanwhile, tire maker Nokian Renkaat slumped towards the bottom of the index after cutting its outlook on the back of lower third-quarter sales. The Finnish company sank 10 percent during mid-morning deals.
On the data front, euro zone inflation accelerated to 2.2 percent in October, Eurostat reported Wednesday.
Source: CNBC