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2022/04/15 / Erste Group Research

Equity Weekly

Der globale Aktienmarkindex schwächte sich in der letzte Woche in EUR um -1,2% ab.

Der S&P 500 gab stärker nach. Er verlor in EUR -1.8%. Der Stoxx 600 stieg hingegen um +1,1%. Der Nikkei 225 notierte unverändert.

Die Bewertung europäischer Aktien ist angesichts der positiven Gewinn-Wachstumsperspektiven günstig. Das KGV 2022e beträgt 14,6x. Die für heu-er erwartete Dividendenrendite ist 3%. Die Voraussetzungen für eine moderat positive Entwicklung des europäischen Aktienmarkt-Index sind demnach vorhanden.

Der ATX konnte in dieser Woche einen Teil seiner Verluste der Vorwoche wieder wettmachen, am Ende stand ein Plus von 3,4% zu Buche. Europaweit waren vor allem Öl- & Gaswerte, Grundstoffaktien, Aktien der Reise- und Freizeitbranche sowie Bautitel gefragt, wenig überraschend daher, dass in Wien die Aktien der FACC, Wienerberger, OMV, voestalpine und Porr die Kurslisten anführten.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusBanks, Health Care, Real Estate

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Name  ISIN# Erste Group products
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S ImmoAT00006522502


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