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2018/10/05 / Erste Group Research

Equity Weekly

Der S&P 500 fiel leicht (-0,4%). Stoxx 600 (-1,7%). Neues All-Time High: Dow Jones Index und Apple.

Solide Wachtumsdaten der US-Wirtschaft. Der am Montag veröffentlichte Industrie ISM- Index notierte im September bei 59,8 Punkten. Im wichtigen Dienstleistungssektor wurde ein Indexstand von 61,6 Pkt. erreicht. (Konsens-Erwartung: 58 Pkt.)

Global bleiben Aktien in den entwickelten Märkten attraktiver als Emerging Markets Aktien (Global Strategy Q4 2018).

Die US-Aktienindizes sollten in der kommenden Woche weiter konsolidieren. Am nächsten Freitag startet die Q3-Berichtssaison mit JP Morgan und Citigroup. Das erwartete Q3 Gewinnwachstum des S&P 500 liegt bei +19,3% (J/J) nach dem berichteten Anstieg von +25% in Q2. Die Umsätze sollen um +7% ansteigen (Q2: +10,1%).

Nächste Woche veröffentlicht die OMV ihr Q3 Trading Update, der Flughafen Wien gibt seine Passagierzahlen bekannt und die Agrana publiziert ihr Halbjahresergebnis.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusFinancial Services, Industrial Goods & Services, Telecommunications

Erste Group related products

Name  ISIN# Erste Group products
Telekom AustriaAT000072000833


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