SERBIA:

Price of fuel in Serbia to go up by max. 10%
Crude oil prices have been growing continuously since mid-February, which inevitably reflects both on the wholesale and retail fuel prices in Serbia, as well as in other countries. It is quite certain that the prices of oil derivatives in Serbia will grow this time around, unless there is a sharp drop in the US dollar exchange rate. In that case, retail fuel prices in Serbia would remain at the current level. If the prices in Serbia do go up, the increase will not be substantial, that is around 10%. Also, the retail prices would not be corrected immediately, but over a period of a month and a half”, says Tomislav Micovic, Secretary General of the Association of Oil Companies of Serbia (UNKS)
Source: Serbiamonitor

Nis-Sofia gas pipeline "sooner than planned"
Prime Minister Ana Brnabic has announced that the construction of the Nis-Sofia gas pipeline will start "even before it was planned." This is because the project is "important to ensure the security of supply of both Serbia and Bulgaria and the entire region," the government quoted Brnabic as saying on Monday.
Source: b92

MTLC: Metalac to report consolidated numbers for 2017 today
Metalac (MTLC) announced that it will report its FY 2017 consolidated numbers today. As for remembrance, the company managed to post RSD 345.1m in consolidated net profit, for 6 months 2017, up 3.4% y/y.
Source: Belex, Ilirika

REGION:

SBITOP up 0.19%
SBITOP started the week with 0.19% gain on Monday, with retailer Mercator as a top gainer. The stock added 11.1% yesterday. The most traded name was Krka, with EUR 586ths in volume, while daily looser was insurance company Triglav, which recently reported 5% y/y jump in 1Q18 profit. Triglav lost 1.87% yesterday.
Source: LJSE, Ilirika

INO:

Dow closes about 300 points higher as US-China trade war is placed 'on hold', Europe closes higher as trade war concerns ease, Italian stocks lower
Stocks closed higher on Monday as trade tensions between the U.S. and China dissipated for the moment, while investor sentiment was also boosted by news of dealmaking activity. The Dow Jones industrial average was up 1.21%, S&P500 gained 0.74%, while Nasdaq added 0.54%.
Wall Street also got a boost Monday amid a slew of dealmaking news. General Electric will merge its transportation business with Wabtec — a rail equipment maker — in a deal worth $11.1 billion. GE shares rose 2 percent.
Meanwhile, Fifth Third Bancorp agreed to buy MB Financial for $4.7 billion in cash and stock. MB Financial shares surged 12.9 percent.
Elsewhere in corporate news, Micron jumped 3.3 percent after the company raised its guidance because of a "healthy" semiconductor industry.
French and U.K. stocks closed higher Monday with investors digesting weekend developments in U.S.-China trade talks. The FTSE 100 closed provisionally up by 1 percent and the CAC 40 in Paris was higher by 0.4 percent. The former hit a fresh intraday record high Monday. Meanwhile, the main Italian index fell 1.5 percent on political news. German and other European markets were closed for a public holiday.
In earnings, Ryanair reported a 10 percent increase in full-year profit after tax. The company reiterated Brexit concerns and reported a pessimistic outlook for 2019. The stock traded lower during early deals, but it rose more than 5 percent later in the day.
Source: CNBC, Ilirika