JPMorgan-Global Developed Markets Strategy Dashboard-107597073
免费
1
Global Equity Research
15 April 2024
J.P. Morgan Equity Strategy
Mislav Matejka (44-20) 7134-9741, mislav.matejka@jpmorgan.com
Pedro Martins Junior (55-11) 4950-4121, pedro.x.martins@jpmorgan.com
Dubravko Lakos-Bujas (1-212) 622-3601, dubravko.lakos-bujas@jpmorgan.com
Global Developed Markets Strategy Dashboard
Mislav Matejka, CFAAC
(44-20) 7134-9741
mislav.matejka@jpmorgan.com
J.P. Morgan Securities plc
Nitya Saldanha, CFA
(44-20) 7742-9986
nitya.saldanha@jpmorgan.com
J.P. Morgan Securities plc
Anamil Kochar, CFA
(91-22) 6157 5179
anamil.kochar@jpmorgan.com
J.P. Morgan India Private Limited
Prabhav Bhadani, CFA
(44-20) 7742-4404
prabhav.bhadani@jpmorgan.com
J.P. Morgan Securities plc
Karishma Manpuria, CFA
(91-22) 6157 4115
karishma.manpuria@jpmorgan.com
J.P. Morgan India Private Limited
Table of Contents Page #
Markets and Global Sectors Performance 2
Key Global Markets Performance 3
Profit Outlook:
Changes in 2024 and 2025 EPS Forecasts
by Country/Region 4
Changes in 2024 and 2025 EPS Forecasts by Sector 5
2024 EPS by Sector for US, UK, Japan and Eurozone 6
2025 EPS by Sector for US, UK, Japan and Eurozone 7
+ve to -ve EPS Revisions by Country/Region 8
EPS Growth by Sector for Key Regions 9
Regional and Country Valuations 10
Sector Valuations by Region 11
Regional Valuations:
12 month Forward PE 12
Price to Book 13
Cycle-Adjusted PE 14
Regional Dividend Yield Gap 15
See page 16 for analyst certification and important disclosures, including non-US analyst disclosures.
J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of
interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.
Global Equity Research
15 April 2024
Global Equity Strategy
Pedro Martins Junior, CFAAC
(55-11) 4950-4121
pedro.x.martins@jpmorgan.com
Banco J.P. Morgan S.A.
EM Equity Strategy
Rajiv Batra
(65) 6882-8151
rajiv.j.batra@jpmorgan.com
J.P. Morgan Securities Singapore
Private Limited
Dubravko Lakos-BujasAC
(1-212) 622-3601
dubravko.lakos-bujas@jpmorgan.com
J.P. Morgan Securities LLC
US Equity Strategy
2
Global Equity Research
15 April 2024
J.P. Morgan Equity Strategy
Mislav Matejka (44-20) 7134-9741, mislav.matejka@jpmorgan.com
Pedro Martins Junior (55-11) 4950-4121, pedro.x.martins@jpmorgan.com
Dubravko Lakos-Bujas (1-212) 622-3601, dubravko.lakos-bujas@jpmorgan.com
Markets and Global Sectors Performance (%)
MSCI World (DM) MSCI US MSCI Europe MSCI Japan
1 week 12M 1 week 12M 1 week 12M 1 week 12M
Energy
-0.5% 11.4% -1.9% 10.5% 4.5% 12.6% 4.9% 70.8%
Materials
-0.6% 9.4% -3.1% 11.9% 0.8% 8.6% 3.0% 32.8%
Industrials
-1.1% 25.6% -2.3% 26.1% -0.8% 19.7% 2.8% 44.5%
Discretionary
-0.6% 24.8% -0.8% 29.1% -1.7% 3.8% 2.6% 45.0%
Staples
-1.0% -4.1% -1.2% 0.2% -0.5% -13.8% -0.6% 6.4%
Health Care
-2.1% 3.7% -3.1% 3.7% 1.0% 4.1% -1.0% 4.0%
Financials
-2.7% 22.2% -3.5% 26.4% -2.0% 17.3% 1.9% 66.0%
IT
-0.3% 44.1% -0.3% 45.0% -1.0% 31.5% 2.9% 50.1%
Telecom
-0.6% 40.0% -0.5% 48.7% -1.0% -4.1% -1.0% 22.6%
Utilities
-0.6% -5.9% -1.7% -6.6% 1.4% -8.6% 6.4% 67.8%
Real Estate
-2.2% 1.1% -3.1% -1.6% -0.9% 15.8% 3.5% 43.9%
Market
-1.1% 21.6% -1.6% 25.8% -0.3% 8.2% 2.0% 39.4%
Source: Datastream, MSCI
Source: Datastream, MSCI. Reported in Local Currency for all regions.
-2.1%
-1.6%
-1.4%
-1.1% -0.9%
-0.7% -0.6%
-0.4% -0.3%
0.0% 0.0%
0.2%
1.1%
2.1%
-2.5%
-2.0%
-1.5%
-1.0%
-0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
IBEX S&P 500 DAX MSCI World SXXE FTSE MIB CAC MSCI EM SXXP STI Hang Seng S&P/ASX 200 FTSE 100 TOPIX
Last Week Performance %
3
Global Equity Research
15 April 2024
J.P. Morgan Equity Strategy
Mislav Matejka (44-20) 7134-9741, mislav.matejka@jpmorgan.com
Pedro Martins Junior (55-11) 4950-4121, pedro.x.martins@jpmorgan.com
Dubravko Lakos-Bujas (1-212) 622-3601, dubravko.lakos-bujas@jpmorgan.com
Key Global Markets Performance (%)
US$ Local Currency
Country
Index
4W YTD 12M 4W YTD 12M
Developed
MSCI World
-0.4% 5.7% 19.9% 0.3% 7.3% 21.6%
United States
S&P 500
0.1% 7.4% 25.2% 0.1% 7.4% 25.2%
United States
Russel 2000
-1.8% -1.2% 12.9% -1.8% -1.2% 12.9%
Europe
Stoxx 600
-2.3% 1.5% 5.8% 0.1% 5.5% 9.3%
United Kingdom
FTSE 100
1.0% 0.9% 1.9% 3.5% 3.4% 2.2%
United Kingdom
FTSE 250
-1.3% -2.3% 3.5% 1.1% 0.2% 3.8%
Eurozone
Euro
Stoxx -2.2% 3.4% 7.4% 0.1% 7.4% 11.0%
Austria
ATX
1.8% -0.4% 6.7% 4.2% 3.5% 10.2%
Belgium
BEL 20
2.0% -0.1% -1.9% 4.5% 3.8% 1.3%
Finland
HEX
-0.9% -5.6% -10.9% 1.5% -1.9% -8.0%
France
CAC
-4.2% 2.2% 4.9% -1.9% 6.2% 8.3%
Germany
DAX
-2.4% 3.0% 10.6% 0.0% 7.0% 14.2%
Ireland
ISEQ
-1.8% 8.7% 16.4% 0.6% 12.9% 20.2%
Italy
MIB
-2.9% 7.1% 18.3% -0.5% 11.2% 22.2%
Netherlands
AEX
1.3% 8.1% 12.6% 3.7% 12.3% 16.3%
Portugal
PSI
-0.6% -14.0% -14.1% 1.8% -10.6% -11.3%
Spain
IBEX
-1.6% 1.8% 11.5% 0.8% 5.8% 15.2%
Denmark
OMXC20
-4.3% 11.4% 26.7% -1.9% 15.9% 31.0%
Norway
OBX
4.3% -0.5% 4.6% 7.3% 6.9% 9.0%
Sweden
OMX
-6.0% -3.4% 7.3% -1.1% 4.6% 13.2%
Switzerland
SMI
-5.5% -5.6% -0.2% -2.5% 2.2% 1.3%
Japan
Topix
0.8% 7.5% 19.8% 3.3% 16.6% 37.5%
Australia
ASX200
0.0% -2.7% 2.6% 1.5% 2.6% 6.0%
New Zealand
NZX 50
-1.4% -5.8% -7.3% 1.0% 0.3% -3.1%
Canada
TSE 300
-1.4% 0.2% 4.7% 0.2% 4.5% 7.1%
Hong Kong
Hang Seng
-0.2% -2.3% -17.5% 0.0% -1.9% -17.7%
Singapore
STI
-0.3% -3.8% -4.4% 1.4% -0.7% -2.1%
Emerging Markets
MSCI EM
0.7% 1.8% 4.8% 2.0% 4.5% 7.7%
Global
MSCI AC World
-0.3% 5.3% 18.2% 0.5% 7.0% 20.1%
Source: Datastream, MSCI
摘要：
展开>>
收起<<
1GlobalEquityResearch15April2024J.P.MorganEquityStrategyMislavMatejka(44-20)7134-9741,mislav.matejka@jpmorgan.comPedroMartinsJunior(55-11)4950-4121,pedro.x.martins@jpmorgan.comDubravkoLakos-Bujas(1-212)622-3601,dubravko.lakos-bujas@jpmorgan.comGlobalDevelopedMarketsStrategyDashboardMislavMatejka,CFA...
相关推荐
-
太平洋证券-金融行业各个子行业研究方法与框架全景-240703-74页VIP专享
2024-07-09 189 -
109页PPT看懂2024视频号利润区在哪-混沌学园-2024.6.21-109页VIP专享
2024-07-13 66 -
华泰证券-战略专题研究：最新的共和党党纲有哪些看点？-240713VIP专享
2024-07-14 52 -
桃园三章 周泉-用户运营方法论-社群转化率40%、复购率45%，揭秘桃园三章的私域运营VIP专享
2024-08-04 43 -
国泰君安-“新质生产力”成长投资系列八：中国科技产业链估值：跨国比较与中国实践-240809-40页VIP专享
2024-08-10 68 -
中国看世界(1)：降息交易的历史答案-240828-中信建投-17页VIP专享
2024-09-09 106 -
蚂蚁集团研究院-IDC-上海财经大学-2024年共享善治AI智绘未来金融白皮书-240911-74页VIP专享
2024-09-12 65 -
长江证券-大财政系列8：日本150年财政四部曲之一，内治与外征-240704-34页VIP专享
2024-09-18 74 -
长江证券-大财政系列9：日本150年财政四部曲之二，化债与繁荣-240801-28页VIP专享
2024-09-18 47 -
上交所期权大讲堂2024.7-60页VIP专免
2024-10-05 161
作者：九派
分类：外资研报
价格：免费
属性：21 页
大小：827.95KB
格式：PDF
时间：2024-05-03
