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2021/02/05 / Erste Group Research

Ausblick Aktien Global: positiv!

Der globale Aktienmarktindex stieg in der letzten Woche in EUR um +1,3% an. Der S&P 500 legte in EUR um +1,6% zu, der Stoxx 600 stieg um +0,6%.

In Europa haben bis jetzt erst ca. 10% der Unternehmen des Stoxx 600 über ihre Ergebnisse berichtet. Bei 70% der Firmen fielen die Gewinne höher aus als erwartet. Die Economic Surprise Indizes bestätigen, dass auch die Wirtschaftsdaten in allen wichtigen Ländern bzw. Weltregionen besser ausfallen als erwartet.

Die hervorragenden Ergebnisse der größten US-Konzerne (, Alphabet) geben dem Technologie- und dem Online-Retail-Sektor starken Rückenwind. Die Berichtssaison geht in der nächsten Woche weiter mit den Ergebnissen von Cisco Systems, Coca-Cola, PepsiCo, Walt Disney und GM. Auch weitere zahlreiche europäische Unternehmen berichten über den jüngsten Geschäftsverlauf, beispielsweise L’Oreal, Total oder AstraZeneca. Die Mehrzahl der Firmen wird voraussichtlich positive Überraschungen bei den Gewinnen liefern. Wir erwarten daher, dass der globale Aktienmarktindex in der nächsten Woche aufwärts tendieren wird.

Der ATX hat den Rückschlag von letzter Woche gut weggesteckt und schickt sich an, erneut die 3.000-Punkte-Marke zu überqueren. Die Berichtssaison überrascht bis jetzt eher positiv. Wir erwarten daher in der kommende Woche eine Fortsetzung der positiven Entwicklung.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusBanks, Industrial Goods & Services, Oil & Gas, Real Estate, Technology

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