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2022/12/02 / Erste Group Research

Aktien: Emerging Markets zeigen relative Stärke

Die Erholung des globalen Aktienmarkt-Index setzte sich in der letzten Woche fort. Die Performance betrug in EUR +0,4%. Der Stoxx 600 (in EUR +0,7%) und der Emerging Market Index (in EUR +3,0%) stiegen stärker an.

Aktien Global: Die Emerging Markets sollten in den nächsten Monaten eine bessere Performance erzielen als in den letzten Jahren. Ein wichtiger Grund, der dafür spricht ist die vor einigen Wochen eingetretene Dollar-Abschwächung. Diese sollte auch länger andauern. Auch die Wachstumsperspektiven der Emerging Markets sind für 2023 besser als für jene der entwickelten Märkte.

Ausblick: Wir erwarten, dass der globale Aktienmarktindex in der nächsten Woche leicht ansteigen wird. Der Emerging Market Index sollte zudem eine relative Stärke im Vergleich zum Weltaktienindex der entwickelten Märkte aufweisen.

Aktien Österreich: Der ATX korrigierte diese Woche leicht mit einem Minus von 1,3%. An die Spitze der ATX-Kurstafel setzte sich DO&CO, für die wir unsere Kauf-Empfehlung erneut bestätigt haben. Wir bleiben für den Flugsektor weiter positiv eingestellt und bestätigen auch für Flugzeug-Zulieferer FACC unsere Kauf-Empfehlung. Wir sehen den ATX derzeit in einer Konsolidierungsphase, die sich auch noch in die nächste Woche ziehen könnte.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusConstruction & Material, Industrial Goods & Services, Real Estate, Travel & Leisure

Erste Group related products

Name  ISIN# Erste Group products
DO & COAT00008188020
S ImmoAT00006522502
Vienna Int. AirportAT00000VIE620


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