SERBIA:
Belgrade Stock Exchange closed due to Easter holidays
Belgrade Stock Exchange closed due to Easter holidays
REGION:
Telekom Slovenije (TLSG) to have 7.63 dividend yield
Following the convening of General Meeting of Shareholders TELEKOM SLOVENIJE, d. d., Ljubljana, we hereby give a summary of the basic information regarding the proposed dividend payment as well as declares the ex dividend date. The proposed amount amount of dividend is 6,3 EUR and ex dividend is Friday, 6 July 2018.
Source: Ilirika
Slovenia's tourism generated almost 12% of GDP last year
The travel and tourism sector in Slovenia indirectly generated 11.9% of GDP last year and employed 101,500 people, shows a report by the World Travel and Tourism Council (WTTC).
Source: STA
Slovenia's unemployment rate drops to 5.3%
Slovenia's unemployment rate dropped to 5.3% in February, down 0.1 percentage point from the month before and down 2.1 points from the same month a year ago, fresh Eurostat data show.
Source. STA
Slovenia, Macedonia looking for ways to boost business ties
New technologies, infrastructure and energy were pinpointed as the areas where Slovenia and Macedonia could boost trade and investment, as a business conference was held on Wednesday during PM Miro Cerar's visit to the country.
Source:STA
INO:
Dow closes more than 200 points higher as Wall Street extends rebound rally, European stocks close sharply higher as trade fears ease
U.S. stocks closed higher on Thursday as tech shares rose following a roller coaster ride in the previous trading day. The Dow Jones industrial average rose 0.99%, with Boeing and DowDuPont as the best-performing stocks. The S&P 500 gained 0.7, while Nasdaq composite advanced 0.5 percent to 7,076.55.
Tech helped lead the move higher, with Facebook jumping 2.7 percent and gains of more than 1.5 percent in Netflix and Amazon.
Facebook's move came after CEO Mark Zuckerberg told reporters he has not seen a noticeable change in user behavior in the wake of the Cambridge Analytica data scandal.
In economic news, weekly jobless claims totaled 242,000, more than the expected 225,000. Still, claims remained near their lowest levels since the 1970s.
European equities closed sharply higher Thursday as trade tensions eased. The pan-European Stoxx 600 closed 2.4 percent higher provisionally with every sector rising. Overall, market sentiment was driven by news that the U.S. is willing to sit down with the Chinese authorities and fix their trade divergences. To minimize current political risk, it is good to focus on the relationship between Europe and China, which is characterized by the low likelihood of the occurrence of customs wars. Chinese buyers already account for more than 35% of the revenues of European prestigious brands, with the rejuvenation of the Chinese population, this percentage is likely to slightly increase. European brands that achieve high levels of sales in China continue to see positive returns in their year to date market valuations, namely Swatch (UHR SW) 5.31 percent, Louis Vuitton (MC FP) 3.23 percent, Gucci - Kering (KER FP) 2.06 percent in Prada (1913 HK) with 33.75 percent. All with positive year to date returns and seem to not be affected by the protectionist policies on the relation China and US.
Looking across the European benchmark, Ubisoft topped the gains, up by 10.77 percent. The success of its latest video game "Far Cry 5" led to a ratings upgrade and drove the shares higher.
From the macro side, German new manufacturing orders came in lower than analysts had expected, seeing a rise of 0.3 percent on the previous month.
Source: CNBC, Ilirika