FIMA Daily Insight
Monday,
October
13,
2014
Croatia
ZAGREB STOCK EXCHANGE
C ROBEX Last
daily
YTD
C ROBEX10 Last
daily
YTD
Stock Turnover (EUR m)
MkC ap(%of GDP)
Source:www.zse.hr
1.880,97
-0,79
4,83%
1.077,47
-0,68
8,30%
1,24
56,91%
LJUBLJANA STOCK EXCHANGE
SBI TOP Last
820,94
daily
-1,64%
YTD
25,21%
Stock Turnover (EUR m)
2,49
MkC ap(%of GDP)
50,95%
Source:www.ljse.si
BELGRADE STOCK EXCHANGE
BELEX15 Last
689,46
daily
0,33%
YTD
23,57%
BELEXline Last
1.371,05
daily
0,29%
YTD
24,09%
Stock Turnover (EUR m)
0,28
MkC ap(%of GDP)
23,69%
Source:www.belex.rs
BUCHAREST STOCK EXCHANGE
BET Last
7.010,50
daily
-1,69%
YTD
7,96%
BET BK Last
1.285,68
daily
-1,56%
YTD
1,90%
BET TR Last
7.655,64
daily
-1,69%
YTD
13,32%
Stock Turnover (EUR m)
10,19
MkC ap(%of GDP)
21,47%
Source:www.bvb.ro
Croatian equities closed lower on Friday with both indices decreasing; CROBEX
decreased 0.79% to 1,880.97 pts and blue chip CROBEX 10 declined 0.68% to
1,077.47 pts. Regular stock turnover amounted to HRK 10.1 million. (Negative)
Tourism company Valamar Riviera (RIVPRA CZ) topped the liquidity board
collecting HRK 2.7 million in turnover and its price decreased 3.81% to HRK 20.17.
Croatia's September producer price index for industrial goods was up 0.1% on the
month and 2.7% lower year on year. (Positive)
The State Property Management Office announced that no binding bids were filed
in a tender to sell state-owned shares in the hotel Imperial Rab. Defined price was
HRK 249 mln (+ HRK 200 mln for investments in 3 years). (Negative)
Slovenia
Slovenian home appliances maker Gorenje [LJE:GRVG] issued on October 10,
2014, 5-year corporate notes with a total face value of EUR 73 million. Due to
overwhelming investor interest, total face value exceeds the initially anticipated
amount of EUR 50 million. (Positive)
Slovenia's industrial production rose by 4.5% on the year in August, after jumping
by 9.0% a month earlier. (Positive)
Krka informed the public that from 3 October 2014 up to and including 9 October
2014 acquired 5,196 treasury shares in the total value of EUR 337,688 on the
Ljubljana Stock Exchange. The total number of treasury shares prior to these
transactions was 66,297 representing 0.202% of all shares issued. The total
number of treasury shares after these transactions is 71,493 representing 0.218%
of all shares issued. (Positive)
On 10 October 2014, the Slovenian Sovereign Holding and the Republic of
Slovenia, as two of the sellers under the contract on the sale of shares of Aerodrom
Ljubljana, d.d., which was concluded on 5 September 2014 with the buyer, Fraport
AG Frankfurt Airport Services Worldwide, received the purchase price for their
shareholdings in Aerodrom Ljubljana, d.d.. For its 6.82% shareholding in Aerodrom
Ljubljana, Slovenian Sovereign Holding received the amount of EUR 16 mln. For its
50.67% shareholding in Aerodrom Ljubljana the Republic of Slovenia received the
purchase price in the amount of EUR 119 mln. (Positive)
Serbia
State-controlled telecoms operator Telekom Srbija said on Friday its net profit rose
29% to 9.9 billion dinars ($105 million/82.9 million euro) in the first half of 2014.
(Positive)
Romania
Romanian consumer prices inched up 0.1% in September from a month earlier, but
the annual inflation almost doubled to 1.54%, the country’s statistics institute INS
said Friday. (Negative)
Russian oil group will restart activity at its Petrotel-Lukoil refinery in Ploiesti,
southern Romania, after a one-week halt, local environmental guard chief Daniela
Tudorache said on Friday. (Positive)
Romania’s exports rose more rapidly than imports in the first eight months
compared with the year-earlier period, but the trade deficit still widened slightly,
the country’s statistics institute INS said Friday. (Negative)
f
For more information please contact us via mail [email protected] or on tel. +385 42 66 09 64
1
FIMA Daily Insight
Monday,
TOP 5 Companies ZAGREB STOCK EXCHANGE
turnover (HRK)
Symbol
by price - Gainers (CROBEX)
Price
Volume (mln)
C hange
Symbol
Price
C hange
October
13,
2014
10 October 2014
by price - Decliners (CROBEX)
Symbol
Price
C hange
RIVP-R-A
20,17
2,66
-3,81%
THNK-R-A
432,99
0,70%
VART-R-1
25,02
-6,82%
KOEI-R-A
749,58
0,79
-0,49%
DLKV-R-A
17,11
0,12%
PTKM-R-A
27,51
-5,37%
ADRS-P-A
340,15
0,68
-1,48%
ATGR-R-A
1.025,01
0,09%
ARNT-R-A
335,00
-4,32%
HT-R-A
162,13
0,58
-0,53%
LEDO-R-A
8.551,00
0,01%
LKRI-R-A
76,33
-2,86%
PTKM-R-A
27,51
0,50
-5,37%
JDPL-R-A
111,00
0,00%
RIZO-R-A
67,64
-2,68%
TOP 3 Companies LJUBLJANA STOCK EXCHANGE
turnover (EUR)
10 October 2014
by price - Decliners
by price - Gainers
Symbol
Price
Volume (000)
C hange
Symbol
Price
C hange
Symbol
Price
C hange
PILR
23,22
985
-7,12%
ZTOG
134,85
2,82%
SAVA
0,80
-9,50%
KRKG
64,00
519
-1,23%
ZVTG
25,79
1,10%
PILR
23,22
-7,10%
ZVTG
25,79
231
1,10%
MELR
75,23
0,03%
ITBG
1,00
-4,76%
TOP 3 Companies BELGRADE STOCK EXCHANGE
turnover (RSD)
Symbol Price (RSD)
10 October 2014
by price - Decliners
by price - Gainers
Volume (mln)
C hange
Symbol
Price
C hange
Symbol
Price
C hange
NIIS
899,00
5.637
0,22%
JESV
5.524,00
3,45%
SJPT
656,00
-3,10%
AERO
847,00
4.693
0,83%
FITO
3.402,00
3,09%
C YBN
5.835,00
-0,90%
SJPT
656,00
1.224
-3,10%
KMBNPB
880,00
2,21%
MLSU
1.550,00
-0,64%
TOP 3 Companies BUCHAREST STOCK EXCHANGE
turnover (RON)
Symbol Price (RON)
10 October 2014
by price - Decliners
by price - Gainers
Volume (000)
C hange
Symbol
Price
C hange
Symbol
Price
C hange
0,92
10.616
-1,49%
PPL
2,609
14,93%
EFO
0,0617
-6,23%
SNP
0,44
8.104
-2,21%
PEI
18,880
7,70%
BRM
0,954
-4,60%
TGN
231,00
4.952
-0,99%
SNO
1,672
3,02%
BC C
0,0808
-4,38%
FP
For more information please contact us via mail [email protected] or on tel. +385 42 66 09 64
2
FIMA Daily Insight
Monday,
October
13,
2014
Unemployment & CPI
GDP
30,0%
4,0
25,0%
3,0
20,0%
2,0
15,0%
%
1,0
10,0%
0,0
5,0%
-1,0
0,0%
-2,0
-5,0%
Croatia
GDP 2013
Slovenia
Serbia
GDP 1Q 2014
Romania
Croatia
Slovenia
Unemployment May 2014
2014e
Long-term credit
rating
Croatia
Slovenia
Serbia
Romania
Fitch
BB
BBB+
B+
BBB-
Standard&Poors
BB
A-
BB-
BBB-
Moody's
Ba1
Ba1
B1
Baa3
Serbia
Romania
CPI June 2014 m/m
Exchange rates
FX RATE HRK per EUR
0,1306
FX RATE RSD per EUR
0,0086
FX RATE RON per EUR
0,2300
FX RATE EUR per USD
1,3400
Investment stories
Hotel Imperial (HIMR-R-A) - privatization process in final stage
Telekom Slovenije (TLSG) - privatization process in second stage
Riviera Valamar (RIVP-R-A) – plans involve the listing on the regulated market
Corporate events
24.10.2014 Liburnia Riviera Hoteli (LRH-R-A) – General Assembly
30.10.2014 Hrvatski Telekom (HT-R-A) – Results for 3Q 2014
30.10.2014 Atlantic Grupa (ATGR-R-A) – Results for 3Q 2014
30.10.2014 Podravka (PODR-R-A) – Results for 3Q 2014
17.11.2014 Valamar Riviera (RIVP-R-A) – General Assembly
For more information please contact us via mail [email protected] or on tel. +385 42 66 09 64
3
FIMA Daily Insight
Monday,
October
13,
2014
CONTACTS FOR INSTITUTIONAL INVESTORS
IRENA FIŠTREK
[email protected]
+385 42 66 09 64
KREŠIMIR ČULO
[email protected]
+385 1 63 98 357
TRADING DEPARTMENT:
[email protected]
+385 42 66 09 60
RESEARCH DEPARTMENT:
NIKOLA BAKŠAJ
[email protected]
+385 42 66 09 74
DISCLAIMER
FIMA Daily Insight is a daily publication of FIMA Securities Ltd. which comments for the needs of its users dynamics of
trading financial instruments on capital markets in the Republic of Croatia, transfers and publishes parts or entire
selected news from various publicly available sources and media of interest for the investor community, and offers
overview of the selected parameters of financial instruments trading on Zagreb Stock Exchange, as also selected basic
macroeconomic indicators. The content uses publicly available records published by the selected relevant sources and
public information services (Zagreb Stock Exchange, Bloomberg, Reuters, publicly available financial reports of the
Issuer, publicly available opinions of representatives of the Issuers etc.). Although we believe that the stated
information and other records are reliable, we do not guarantee for their accuracy, completeness or timeliness. The
publication has been of informative character and may not be deemed to be an invitation for purchase or sale of
financial instruments being mentioned in it. Prices of financial instruments, and there from also return on investment
from financial instruments may vary and cause profit or loss. Investment in financial instruments commented in this
publication include certain risk (more about risks available in General Operating Conditions at Internet page
(http://www.fima-vrijednosnice.hr/UserDocsImages/General%20conditions_FMVR%20novo.pdf), financial instruments
are not necessarily available in all legal-regulatory environments, they may be illiquid and may be inadequate for
some investors. Value or profit realized based on any financial instrument may vary and/or be under the influence of
exchange rate differentials and other risks. Investment returns from the history are not indicators of future returns.
Investors should independently make their decisions on investment, without relying on this publication. By publishing
this publication FIMA Securities Ltd. does not bear any responsibility for the consequences, or for the possible
damages resulted from usage of the information and records published in this publication. Single opinions stated in
this publication may change without prior notice.
This publication has not been prepared in compliance with the provisions of the Capital Market Act, and the
Regulations of the Croatian Agency for Supervision of Financial Services (HANFA) ensuring independence of investment
research, as also the issuance of the publication has not been subject to trading ban prior to distribution, as it has
usually been foreseen for investment researches. According to the previously stated regulations this publication is
considered to be promotional communication.
All significant sources of information used in preparing of this publication were stated in its text.
In preparing this publication the results of the fundamental and technical analysis may be used including also
internally developed evaluation models. If it is the case of an internally developed evaluation model, the basic
methodology shall be presented and publicly available to the investors at the Company's web page www.fimavrijednosnice.hr or in the other legally permitted manner.
The seat of the Company FIMA Securities Ltd. is in Varaždin, Vrazova 25, whereas the operating of the Company has
been supervised by the Croatian Agency for Supervision of Financial Services. The company was entered into the Court
Register of the Commercial Court in Varaždin under the number: 070052968. Protection of copyright and database
records exist in this Document, and the same must not be reproduced, distributed or published by anyone regardless
the intention, without previous express consent of the Company FIMA Securities Ltd. Please state the source in case of
citing. All rights reserved.
FIMA Daily Insight is prepared by the employees of FIMA Securities Ltd.
The first issue of FIMA Daily Insight was issued on 16TH January 2009
Additional information is available upon request.
For more information please contact us via mail [email protected] or on tel. +385 42 66 09 64
4