Positive trends from 2017 continues and January 2018 data regarding consumer confidence increase 1 p.p. MoM and reached a new record level in the entire observed period according to SURS (Statistical Office). This optimism spirals out of optimistic domestic macro expectations, improving household finances and increasingly lower unemployment.
In addition wage pressure in public and private sector are mounting and this should (in the short time) further drive consumer expectations and spending.
Compared to 1Q17 consumer expectations are higher regarding home improvements (by 9 p.p.), about home purchase (by 4 p.p.) and about car purchase (by 3 p.p.). This high expectations regarding home and car purchases were last seen in 2005 and 2006.
+ Cinkarna Celje scheduled an extraordinary shareholder assembly to discuss proposed share buyback plan.
ALTA Invest, investicijske storitve, d.d., (ALTA Invest, investment services, Inc.) is a part of ALTA Group, the biggest financial non-banking group in Slovenia. ALTA Invest has around 28% market share on the domestic Ljubljana Stock Exchange and has more than EUR 95m of assets under management.
Our trading advantage is our execution of large trading blocks with low impact on the market. We offer trading on several platforms on numerous markets, with a wide variety of financial instruments. Our advantage is also a research department, which is both sell side and buy side and has the far most extensive and regular coverage of domestic companies. We cover 9 companies on Ljubljana Stock Exchange, which is around 90% of Mcap on LJSE – and here we are practically the only local broker providing this kind of extensive and regular coverage for Slovenian companies.
A part of ALTA Group are ALTA Skladi, a mutual fund asset management company with roughly EUR 260m of asset under management. ALTA Group is also extensively involved in corporate finance projects and raised considerable assets (fixed income and equity) in the last two years for several companies.
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