SERBIA:

NIIS: NIS reported RSD 3.7bn in 1Q18, down 31% y/y
Net profit of NIS (NIIS) in Q1 2018 amounted to RSD 3.7 billion, down 31% y/y, while EBITDA (earnings before interest, taxes, depreciation, and amortization) amounted to RSD 8.9 billion, down 19.8% y/y, on lower production, drop in cured oil price and unfavorable FX rates. In terms of operational indicators, the total volume of oil and gas production amounted to 329 thousand tonnes of oil equivalent. At the same time, NIS continued improving its results in the area of crude oil processing and petroleum product sales. The total crude oil and semi-finished product processing volume amounted to 786 thousand tonnes, which represents an increase of 3% year-on-year. Petroleum product sales volume reached 765 thousand tonnes, up 7% compared to the performance in Q1 2017.
Source: NIS

MTLC: Metalac approved gross RSD 85 per share as a cash dividend
Metalac (MTLC) reported its GA approved gross RSD 85 per share as a cash dividend, with 16th April 2018, as a record date. The approved amount bears 4.1% gross yield. The company also adopted decision on own shares buyback – max 5% of total issued number.
Source: Belex, Ilirika

KMBN: Komercijalna banka to pay out cash dividend?
Komercijalna Banka (KMBN) reported that its GA approved decision profit distribution on 2017 earnings as well as from retained profit. This should suggest that earlier approved but not paid dividend from 2014 profit should be finally paid out. However, we have no such confirmation as details are not revealed, while the entire statement is only in a general form.
Source: Belex, Ilirika

REGION:

LJSE closed
LJSE closed on Friday

INO:

Nasdaq closes flat after tech shares lose steam, European stocks close higher as investors monitor earnings
The Nasdaq composite erased a sharp gain on Friday as technology stocks gave back rolled over while Amazon slipped from a record high set earlier in the session. Meanwhile, the Dow Jones industrial average closed 11.15 points lower at 24,311.19 while the S&P 500 rose 0.1 percent to 2,669.91.
Microsoft and Intel both reported better-than-expected earnings and revenue Thursday after the bell, while Chevron and Colgate posted quarterly profits that beat expectations on Friday. Microsoft ended the session 1.7 percent higher, while Intel declined 0.6 percent. Chevron and Colgate gained 1.9 percent and flat, respectively.
In economic news, the U.S. economy grew by 2.3 percent in the first quarter, the Commerce Department said. Economists polled by Reuters expected a gain of 2 percent.
European stocks closed higher on Friday, as investors monitored another batch of corporate earnings. The pan-European Stoxx 600 closed provisionally 0.2 percent higher, with most sectors and major bourses in positive territory.
Europe's technology stocks led the gains, up 0.8 percent amid earnings news. Consultancy giant Capgemini was the top sectoral performer after it reported upbeat first-quarter figures. Kepler Chevreux then raised its target price for the stock to 116 euros from 112 euros. Shares of Capgemini were up more than more than 6.6 percent on the news.
Meanwhile, banks stocks were off nearly 0.2 percent. RBS reported stronger-than-anticipated first-quarter earnings shortly before the opening bell, though shares slipped almost 1.5 percent amid news the Edinburgh-headquartered lender is awaiting a multi-billion dollar fine from the Department of Justice.
Source: CNBC, Ilirika