SERBIA:

NBS: Start of official talks with IMF mission about future cooperation
The plenary meeting held yesterday at the NBS marks the start of official talks between representatives of the Republic of Serbia and an IMF mission. Serbia’s delegation was led by Ms Jorgovanka Tabaković, NBS Governor and Serbia’s Governor to the IMF. Representatives of the ministries of finance and economy also took part. The IMF Mission led by Mr James Roaf will stay in Belgrade from 7 to 18 May to discuss the modalities of future cooperation with Serbia, with a focus on the current macroeconomic developments and projections.
Source: NBS

Construction of the Belgrade-Sarajevo highway Memorandum signed - Turkish company Taşyapi to work on several infrastructure projects in Serbia
During the Turkish-Serbian business forum in Istanbul a Memorandum of Cooperation with the Turkish construction company Taşyapi, which also includes the construction of Belgrade-Sarajevo highway, was signed by the Minister of Construction, Traffic and Infrastructure Zorana Mihajlovic. According to the memorandum, the Turkish company is set to present technical and financial propositions of several infrastructure projects in Serbia. These projects include the Novi Pazar–Tutin and Aljinovići–Sjenica–Novi Pazar state road reconstruction and the construction of both strips of Belgrade-Sarajevo highway located in Serbia, namely Kuzmin-Sremska Raca and Pozega - Kotroman up to the border with Bosnia and Herzegovina, the Ministry of Construction announced.
Source: Ekapija

Next EU budget good for Serbia and Western Balkans
The head of the EU delegation to Serbia, Sem Fabrizi, said on Friday, May 4, 2018, that the next long-term budget proposed by the European Commission would be good for Serbia and the Western Balkans, as more money for help is planned. The next long-term budget proposed by the European Commission is good news for Serbia and the Western Balkans for two reasons – Fabrizi said and added that the first reason was the “proposition for pre-access help to increase to EUR 14.5 billion, which is an increase by 20%, and that means a great help for Serbia and the Western Balkans”.
Source: Ekapija

REGION:

SBITOP up 0.07%
SBITOP gained 0.07% yesterday, with Petrol as the most traded name. The stock delivered EUR 129ths in volume and it was a top gainer at the same time, since it jumped 0.57%. Major looser was Gorenje, with 1.56% daily decline.
Source: LJSE, ilriika

INO:

Stocks close well off session highs after Trump tweets decision on Iran deal coming, European markets close higher amid rising oil prices, Air France down 10%
Stocks gave back most of their gains on Monday after President Donald Trump tweeted he will be announcing his decision on the deal on Tuesday. The tweet also knocked the wind out of energy stocks, which had been the main driver in the stock market. The Dow Jones industrial average traded just 8 points higher after rising as much as 200 points, while the S&P 500 held just above breakeven. The Nasdaq composite traded 0.5 percent higher after rising more than 1 percent.
Energy stocks got a boost from rising oil prices earlier, as crude hit highs not seen since late 2014. Prior to the U.S. open, U.S. crude rose above $70 per barrel, while Brent hit $75.89 — a level not seen since November 2014.
Nonetheless, stocks added to the strong gains seen in the previous session. On Friday, the major averages jumped more than 1 percent as shares of Apple hit an all-time high on news that Warren Buffett's Berkshire Hathaway bought 75 million shares of the company in the first quarter. Apple gained nearly 1 percent on Monday.
European markets closed above the flatline Monday, as investors digested further earnings and pushed capital into the energy sector. The pan-European Stoxx 600 closed provisionally up by 0.6 percent. In the U.K., markets are closed due to a public holiday.
Food and beverage was among the top performing sectors, up by 0.7 percent. Kerry group drove the sector higher, up by nearly 3 percent. The company reported last week a 3.7 percent increase in volumes during the first quarter of the year. At the same time, the sector received news that Nestle will pay $7.15 billion to Starbucks to market the products of the U.S. coffee firm around the world. Nestle shares rose 1.3 percent.
Air France sank to the bottom of the index, down by around 10 percent. This was after comments from Bruno Le Maire, the finance minister of France, stating that the government would not bailout the airline.
Source: CNBC, Ilirika