SERBIA:

NBS: Mid-term and short term inflation in Serbia expected at 3%
According to the latest inflation survey published by NBS, both mid-term and short term inflation are expected at 3%. Participants in survey were companies from corporate and financial sector. Mid-term horizon is until 2020 year, while short term represent one year ahead – February 2019.
Source: NBS, Ilirika

Belgrade bourse targets three IPOs in next 12 months – CEO
The Belgrade Stock Exchange targets to attract three initial public offerings (IPOs) in the next 12 months with the support of its IPO Go! programme launched on Tuesday, CEO Sinisa Krneta said. The programme is aimed at increasing the awareness and demand for investment capital and the supply of securities on the bourse, which will be carried out in the next 14 months, Krneta said in a video file posted on the website of news agency Tanjug on Tuesday. The listing support project is funded by the Shareholder Special Fund (SSF) of the European Bank for Reconstruction and Development (EBRD) and the Belgrade Stock Exchange itself, Krneta said.
Source: SeeNews

AERO: Transavia to increase number of flights on Belgrade-Amsterdam route
In its schedule for the summer of 2018, Air France-KLM announced an increase in the number of flights in all directions and classes, including the plan for the low-cost airline Transavia to realize 10% more flights in total. Belgrade is mentioned as one of the destinations. Instead of three flights a week, six will be offered, Air France-KLM announced.
Source: Ekapija

REGION:

SBITOP down additional 0.55%
The SBITOP index of blue chips was down by additional 0.55% yesterday, to 821.5points. The most traded name was Petrol, with EUR 236ths in volume. This was also among top losers since it was down 1.1%. SavaRe faced however, higher drop of 1.69%, when speaking about prime market segment. We saw no gainers yesterday at first quotation.
Source: Ilirika

INO:

Nasdaq closes lower for a second day as Amazon, Netflix shares drop, European markets close mixed amid tech sell-off
The Nasdaq composite closed lower for a second straight day on Wednesday as technology stocks failed to recover from steep losses seen in the previous session. The tech-heavy index fell 0.8 percent to 6,949.23 as Amazon, Netflix and Apple pulled back 4.4 percent, 4.9 percent and 1.1 percent, respectively. Both the S&P 500 and Dow Jones industrial average also closed lower. The S&P 500 fell 0.3 percent, while Dow lost light 0.04%.
Apple declined after Goldman Sachs analysts predicted lower iPhone sales in March and for the June quarter than the rest of the Street. They also cut their price target on the stock to $159 from $161.
Investors also flocked to traditionally safer assets like bonds, pushing the 10-year Treasury yield below 2.8 percent. On Wednesday, the yield hit its lowest level in seven weeks.
In economic news, the U.S. economy grew by 2.9 percent in the fourth quarter, according to the final read on the U.S. economy for the period.
European markets closed mixed Wednesday, with investor sentiment dampened by sharp falls in the technology sector. The pan-European Stoxx 600 closed 0.46 percent higher provisionally, with most major bourses finishing in positive territory and sectors pointing in different directions.
Shire surged to the top of the index since Takeda, Japan's largest drugs firm by sales, has said it is considering a possible offer for the company. The Takeda announcement sent shares in the UK pharmaceuticals company up as much as 25% in morning trading, while +shares of Shire finished up 14 percent yesterday.
Meanwhile, Dutch consumer goods firm Unilever got a boost after UBS upgraded the stock from a "neutral" to a "buy." Shares of Unilever closed up 4.7 percent.
Source: CNBC, Ilirka