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2021/12/17 / Erste Group Research

Börsen wiegen politische Risiken und Notenbankentscheidungen ab

Der globale Aktienmarktindex gab in der letzten Woche in EUR um -0,4% nach. Der Stoxx 600 notierte in EUR fast unverändert (-0,1%), der S&P 500 verlor in EUR -0,2%.

Das politische Risiko der Märkte ist derzeit ein wichtiger Faktor, der die Ertragserwartung für Aktien und Aktienindizes bestimmt. Nach China rückt derzeit das gestiegene politische Risiko bei russischen Aktien in das Blickfeld der Anleger.

Wir erwarten, dass der globale Aktienmarkt in den nächsten Wochen seitwärts tendieren wird. Die Leitindizes der entwickelten Märkte sollten ihre Outperformance gegenüber den Schwellenländer-Indizes fortsetzen.

Der ATX stagnierte diese Woche mit -0,5%. Im Fokus standen international klar die Entscheidungen der führenden Notenbanken mit unterschiedlichen Marschrichtungen. Unternehmensseitig blieb die Nachrichtenlage in Österreich dünn gesät. Wir haben jedoch diese Woche mit DO&CO und FACC zwei neue Kauf-Empfehlungen am österreichischen Markt ausgesprochen.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusFood & Beverage, Industrial Goods & Services, Real Estate, Travel & Leisure

Erste Group related products

Name  ISIN# Erste Group products
DO & COAT00008188020


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