SERBIA:

MTLC: Metalac to payout gross RSD 85 per share as a cash dividend
Metalac (MTLC) is about to payout gross RSD 85 per share as a cash dividend, the company said in its GA documents. This bears gross 4.1% yield on a current market price, while record date is on 16th April this year. The company also showed numbers for daughter units, but consolidated report has not been published thus valid conclusion can not be created. It seems that overall sales and net profit are higher than in 2016.
Source: MTLC, Ilirika

AERO: Ukrainian airline UIA planning flights to Belgrade from 2020
Ukraine International Airlines (UIA) intends to launch new services in the next five years, among which are flights to Zagreb and Belgrade. As EX-YU Aviation News reports, flights from Kiev to Zagreb are planned to commence in 2021, while flights to Belgrade will follow a year later, in 2022. At the moment, there are no flights to the capital of Ukraine from either Zagreb or Belgrade.
Source: Ekapija, EX Yu aviation news

DINNPB: Profit of Philip Morris Nis in 2017 amounts to RSD 3.8 billion
The Nis-based company Philip Morris Operations (DINNPB) has published record financial results for 2017, considering that the successful operations from the first half of the year continued in the other six months. The company did record a drop in revenues by 48.4% to RSD 20.8 billion, but only as a consequence of switching to the business model of contract-based production on January 1, 2017. The operating profit jumped by 10.3% to RSD 4.5 billion, whereas the net profit rose by 11.5% to RSD 3.8 billion. The company didn't have debts at the end of the last year, so it is to be expected that the entire profit will be paid as dividend this year as well. At the latest price of RSD 3,022, the dividend yield exceeds 12%.
Source: Ekapija

REGION:

SBITOP down 0.13%
The SBI TOP index of blue chips was down 0.13% yesterday, to 827.16 points. The most traded name was Petrol, with EUR 355ths in volume. Top gainers were Telekom Slovenije and Gorenje, with 1.22% and 0.72% jumps, respectively. On the other side, daily losers were Luka Koper and Intereuropa, with 1.32% and 1.0%, decline respectively.
Source: Ilirika

INO:

Nasdaq drops nearly 3%, Dow closes more than 300 points lower as tech rolls over, European stocks rebound to close higher after global trade concerns ease, GSK up almost 5%
U.S. stocks closed sharply lower on Tuesday, erasing earlier gains, as a decline in the broader tech sector brought the major averages down. The Nasdaq composite fell 2.9 percent as shares of Apple and Amazon declined. The S&P 500 pulled back 1.7 percent, while Dow Jones industrial average lost 1.43%.
Facebook shares contributed to tech's losses, as they fell 4.9 percent after Bank of America Merrill Lynch reduced its price target on the stock for the second time in five days. The cut comes as Facebook's fallout from the data scandal continues.
Tech shares were also under pressure after Reuters reported Nvidia is temporarily suspending self-driving tests. The news sent the stock down 7.8 percent. Tesla shares also fell 8.2 percent after the U.S. National Transportation Safety Board announced it would investigate a fatal crash that took place last week.
European equities jumped higher Tuesday as concerns over a global trade war eased. The pan-European Stoxx 600 closed provisionally higher by 1.16 percent with every sector moving into positive territory. Technology stocks were the top performers, up around 2 percent. Overall the main driver of market sentiment was news that the U.S. and China are open to discuss trade-related issues.
GlaxoSmithKline ended the day at the top of the Euro Stoxx 600, finishing 4.8 percent higher. GlaxoSmithKline is buying Novartis out of its consumer health care partnership for $13 billion, taking over products including Sensodyne toothpaste, Panadol headache tablets, and Nicotinell patches. Analysts believe that the merger will increase shareholder payouts.
French food retailer Casino Guichard rose more than 4 percent. The firm is joining forces with Amazon to take its groceries to Amazon Prime Now customers. The service will start this year in Paris.
Source: CNBC, Ilirka