So far, this year has been a real mood killer for investors: most stocks and indices have fallen massively since the start of the year. Billions of them were lost in the air. But now the mood in the stock market is shining again. Shares of solid industrial companies, especially Stadler Rail, have increased significantly recently.
From boss Peter Spuhler (63), the title of the Swiss rail car manufacturer has increased by 6.2 percent to 31.28 francs in the last five days. The stock is up 19.1% in a month since hitting an all-time low in October.
At Stadler’s rival, Alstom, the situation was even more thorny. The title of the French group is 36.3 percent more valuable than a month ago. German industrial group Siemens grew by 12.2 percent in the same period. At the Swiss computer accessories manufacturer Logitech, the course increased by 22.5 percent. In Swiss technology group ABB, this ratio was at least 15 percent.
Optimistic investors as drivers
In the first nine months of the year, the war in Ukraine, supply bottlenecks in the US and the EU, and high inflation hit stock markets. But the latest developments are making investors safer again. The US Federal Reserve succeeded in reversing the inflation trend in the country with sharp interest rate hikes. The expected strength of the Republicans in the US midterm elections also raises morale in the stock markets.
Also, more pessimistic investors are likely to have come out of the large stock sales in recent months. And those who are still around are looking for attractive investment opportunities. As the business portal Cash.ch writes, the course of Logitech securities has risen significantly after analysts gave indications of a positive fiscal year.
New orders and the world record journey at Stadler Rail had a positive impact: the rail vehicle manufacturer, together with the Rhaetian Railway (RhB) in Graubünden, set the journey record for the longest passenger train in the world. October.
How long does the ascension take?
Investors seem to be overjoyed by such positive reports and have helped the stock market rise again. The Swiss Market Index, which tracks the top 20 stocks in Switzerland, rose 5.6 points in one month.
Various stocks were more or less stagnant over the same period: Roche rose 0.4 percent and Nestlé 1.3 percent.
The current high could end sooner than investors would like. Uncertainties in the market are still great. Inflation in the EU rose to a new record level of 10.9 percent in September. And China’s adherence to a zero-Covid strategy, the Ukraine war and the upcoming recession in the EU could cause more turmoil in the stock market.