Weekly Preview - Deceber 17-21, 2018
Market trends:
¤ Galenika Fitofarmacija (FITO) - 8.8% of total shares outstanding changed hands in three large transactions; the stock fluctuated mostly in a range of RSD 2,720-2,750 with huge turnover.
¤ Belgrade Airport (AERO) jumped 3.7% to RSD 1,815 with trading value of RSD 65.5m; France's VINCI Airports officially took over the 25-year concession of the company on Friday.
¤ Shares of the Petroleum Industry of Serbia (NIIS) hit a psychological level at RSD 700 last week, but the largest part of turnover was executed at RSD 690 RSD, up 2.8%.
¤ Komercijalna Bank (KMBN) has fluctuated in a range b/w RSD 2,150-2,250 with turnover of RSD 28.2m; Societe Generale announced it agreed to sell its bank in Serbia to Hungary's OTP Group.
¤ Shares of Messer Tehnogas (TGAS) recovered to RSD 11,000 level after more than a month; officialy, the company will change CEO from January 1st, next year, Tehnogas said in a statement.
Established in 2007 in Novi Sad, Momentum Securities, privately owned corporate advisory and investment banking firm, is one of the largest providers of brokerage services and related corporate advisory services to owner managed businesses in Republic of Serbia. Momentum Securities is a member of the Central Securities, Depository and Clearing House, the Belgrade Stock Exchange and the Investor Protection Fund and an authorized participant in the Treasury auction platform. As an independent firm, our clients benefit from unbiased and tailored solutions. Our team works with founders, shareholders, boards and management teams to develop their companies by aligning processes, structures and work practices to improve efficiencies and achieve specific performance goals.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.