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2021/02/19 / Erste Group Research

Berichtsaison in Europa voll im Gang

Der globale Aktienmarktindex tendierte letzte Woche seitwärts. Seine Performance betrug in EUR -0,2%. Der S&P 500 fiel in EUR um -0,2%, der Stoxx notierte -0,3% tiefer.

Aufgrund der erwarteten wirtschaftlichen Erholung befestigen sich die Energie- und Rohstoffpreise. Insbesondere die Preise für Energie und Industriemetalle sind derzeit in Aufwärtstrends. Für die Minenunternehmen wird daher für 2021 ein hohes Umsatzwachstum und auch ein starkes Gewinnwachstum erwartet. Der Aufwärtstrend des Bergbau-Sektoren-Index sollte demnach andauern.

Der globale Aktienmarktindex hat in den letzten Tagen das Tempo seiner Aufwärtsbewegung verlangsamt. Wir erwarten für die kommende Woche eine Seitwärtsbewegung des globalen Aktienmarktes und einen leichten Anstieg der Volatilität. Die US-Berichtssaison nähert sich nächste Woche dem Ende. Vermehrt werden jetzt große europäische Firmen wie beispielsweise BASF, Deutsche Telekom, Telefonica, Fresenius oder Reckitt Benckiser über ihre Ergebnisse berichten.

Der ATX schaffte es auch diese Woche nicht, nachhaltig die 3,000-Punkte Marke zu überspringen. Anleger blieben in Deckung. Gewinne in gut gelaufenen Sektoren wie Versorgern und Bau wurden mitgenommen - bei Rohstoff- sowie Öl- und Gaswerten wurde zugegriffen. Ölwerte erhielten Auftrieb von neuen 1-Jahres Hochs des Ölpreises. Davon profitierte auch die OMV - unser neuer Top Pick im CEE Öl- und Gassektor.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusBasic Resources, Insurance, Oil & Gas, Technology, Travel & Leisure

Erste Group related products

Name  ISIN# Erste Group products
DO & COAT00008188020
Kapsch TrafficComAT000KAPSCH90


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