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2020/10/02 / Erste Group Research

Globale Aktien voraussichtlich im Seitwärtstrend

Der globale Aktienmarktindex befestigte sich im Wochenvergleich in EUR um +2,7%. Der S&P 500 stieg in EUR um +3,4%, der Stoxx 600 legte um +1,7% zu.

Der langfristige Aufwärtstrend des Goldpreises ist intakt. Für ein Anhalten des Trends spricht vor allem das Umfeld negativer Realrenditen. Goldminenaktien profitieren von sehr hohen Gewinnsteigerungen. Diese sollten auch 2021 anhalten.

Wir erwarten, dass der globale Aktienmarktindex in der nächsten Woche seitwärts tendieren wird. Goldminenaktien dürften weiterhin positive Erträge aufweisen.

Der ATX verliert leicht entgegen einem leicht positiven Trend an den europäischen Märkten. Die europaweiten Verluste des Öl- und Gassektors schmerzen den österreichischen Leitindex am meisten, die OMV verliert auf Wochensicht sogar 6%. Unternehmensneuigkeiten waren weit abseits der Berichtssaison Mangelware. In unseren neuen Analysten bestätigen wir unsere Kaufempfehlung für die RBI und das Halten für Palfinger, Mayr-Melnhof stufen wir aufgrund der starken Kursperformance von Kaufen auf Halten zurück.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusBanks, Basic Resources

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