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2021/01/22 / Erste Group Research

Berichtssaison befeuert Globalen Aktienmarktindex

Der globale Aktienmarkt-Index stieg in der letzten Woche in EUR um +1,1%. Der S&P 500 legte in EUR um +1,7% zu, der Nikkei stieg in EUR um +0,4%.

Zahlreiche positive Gewinnüberraschungen haben dazu geführt, dass der erwartete Gewinnrückgang in den USA für das 4. Quartal mit ca.-6,8% voraussichtlich nur circa halb so negativ ausfallen wird als noch vor drei Monaten erwartet wurde.

Der globale Aktienmarkt-Index bleibt voraussichtlich auch in der nächsten Woche in seinem Aufwärtstrend. Unterstützt wird die steigenden Tendenz von positiven Unternehmensergebnissen und der Erwartung steigender Gewinne bei der Mehrzahl der Unternehmen. Die US-Berichtsaison geht nächste Woche in vollem Ausmaß weiter. Die Mehrzahl der Unternehmen sollte bei den berichteten und auch bei erwarteten Gewinnen positiv überraschen.

Diese Woche glückte dem ATX mit einem Wochenplus von 1% der Sprung über die 3.000 Punkte-Marke, womit sich der österreichische Leitindex auf das Niveau kurz vor der Corona-Krise zurückkämpfte. Von den ATX-Schwergewichten waren besonders die Zykliker Andritz und voestalpine gesucht, die wir auch auf Akkumulieren hochgestuft haben. Der Aufwärts-trend des ATX hat sich etwas abgeflacht, wir erwarten den Leitindex kommende Woche daher am ehesten im Bereich der 3.000-Punkte.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusBasic Resources, Industrial Goods & Services, Real Estate

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