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2019/09/13 / Erste Group Research

Equity Weekly

Der Aufwärtstrend des globalen Aktienmarktes dauerte letzte Woche an (in EUR +1%). Die Ankündigung der EZB, die europäische Konjunktur umfangreich geldpolitisch zu unterstützen und auch wieder mit Anleihe-Ankäufen („Quantitative Easing“) zu beginnen, begünstigte die positive Marktentwicklung.

Das Gewinnwachstum sollte sich im nächsten Jahr beschleunigen. Technisch gesehen sind die wichtigsten Leitindizes in einer guten Verfassung. Wir erwarten, dass der globale Aktienmarktindex in der kommenden Woche leichte Zugewinne erzielen wird.

Der ATX eroberte mit einem Wochenplus von 3% die 3,000-Punkte Marke zurück und durchbrach seinen seit April bestehenden Abwärtstrend. Die ATX-Schwergewichte Erste Group und Raiffeisen International sorgten für kräftigen Auftrieb, nur die OMV bremste mit einem leichten Minus infolge des schwächeren Ölpreises. International sorgten die geldpolitischen Lockerungsmaßnahmen seitens der EZB sowie die jüngste Entspannung im Handelskonflikt zwischen den USA und China wieder für Kauflaune. Wir gehen auch in der nächsten Woche von steigenden Kursen aus.

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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, Utilities

Erste Group related products

Name  ISIN# Erste Group products
Marinomed Biotech AGATMARINOMED60


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