{"id":56670,"date":"2015-02-24T09:38:25","date_gmt":"2015-02-24T08:38:25","guid":{"rendered":"http:\/\/stockportal.hu\/?p=56670"},"modified":"2015-02-24T09:38:25","modified_gmt":"2015-02-24T08:38:25","slug":"reggeli-elemzes-rc-2015-02-24","status":"publish","type":"post","link":"https:\/\/gazdasagportal.hu\/index.php\/reggeli-elemzes-rc-2015-02-24\/","title":{"rendered":"Reggeli elemz\u00e9s: RC &#8211; 2015.02.24"},"content":{"rendered":"<p><strong>Az egyszeri t\u00e9telekt\u0151l tiszt\u00edtott EBITDA 15%-kal haladta meg az elemz\u0151i v\u00e1rakoz\u00e1sokat, de ennek ellen\u00e9re gyenge sz\u00e1mokat k\u00f6z\u00f6lt 2014-r\u0151l a MOL. A k\u00e9szlet\u00e1t\u00e9rt\u00e9kel\u00e9sek \u00e9s az INA le\u00edr\u00e1sok, valamint az olaj vil\u00e1gpiaci \u00e1r\u00e1nak bezuhan\u00e1sa \u00f6sszess\u00e9g\u00e9ben 100 mrd. Ft feletti vesztes\u00e9get jelent. A menedzsment pozit\u00edv \u00e9s a finom\u00edt\u00e1si szegmens is kifejezetten j\u00f3l teljes\u00edtett. A k\u00e9szp\u00e9nztermel\u0151 k\u00e9pess\u00e9ge n\u00e9mileg visszaesett, de az m\u00e9g \u00edgy is jelent\u0151s.<\/strong><!--more--><\/p>\n<div class=\"ads-in-post1\"><div id=\"gazdasagportal.hu_fullbanner_wideboard\"><\/div>\r\n<\/div>\n<h2>Reggeli elemz\u00e9s<\/h2>\n<table cellspacing=\"0\">\n<tbody>\n<tr>\n<th width=\"87%\"><strong>Nemzetk\u00f6zi<\/strong><\/th>\n<th width=\"13%\"><strong>\u00c9rt\u00e9kel\u00e9s<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Az usdjpy \u00fajra 120 jenn\u00e9l, kit\u00f6r\u00e9s el\u0151tt, m\u00edg az nzdusd \u00fajra 0,72 fel\u00e9 veheti az ir\u00e1nyt. Az arany let\u00f6rte az 1200 doll\u00e1ros szintj\u00e9t, csak \u00fagy, mint a Brent a 60 doll\u00e1ros szintj\u00e9t.<\/td>\n<td>Semleges<\/td>\n<\/tr>\n<tr>\n<td>2010 \u00f3ta most a legkisebb az olasz \u00e9s a n\u00e9met 10 \u00e9ves hozam k\u00fcl\u00f6nbs\u00e9ge.<\/td>\n<td>+<\/td>\n<\/tr>\n<tr>\n<td>A tegnapi nap helyett csak ma adt\u00e1k \u00e1t a g\u00f6r\u00f6g\u00f6k a reform csomagjukat, amir\u0151l ma d\u00f6nthetnek a p\u00e9nz\u00fcgyminiszterek.<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Ma tart besz\u00e9det a Fed eln\u00f6ke, amiben utal\u00e1st tehet a kamatemel\u00e9si ciklus megind\u00edt\u00e1s\u00e1r\u00f3l. Yellen tipikus &#8222;galamb&#8221; \u00edgy elk\u00e9pzelhet\u0151, hogy csak \u00e9v v\u00e9g\u00e9n l\u00e1tunk kamatemel\u00e9st a Fed-t\u0151l.<\/td>\n<td>Semleges<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table cellspacing=\"0\">\n<tbody>\n<tr>\n<th width=\"87%\"><strong>Magyar<\/strong><\/th>\n<th width=\"13%\"><strong>\u00c9rt\u00e9kel\u00e9s<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Az eurhuf kurzusa tov\u00e1bbra sem tud \u00e9rdemben elszakadnia a 305 Ft-os szintt\u0151l. Amennyiben egy kamatv\u00e1g\u00e1si ciklus \u00fajraindul\u00e1s\u00e1t figyelembe venn\u00e9nk, \u00fagy k\u00f6nnyen lehet, hogy ezen a szinten kifulladt a forint ereje.<\/td>\n<td>+<\/td>\n<\/tr>\n<tr>\n<td>Kedvez\u0151 nemzetk\u00f6zi hangulatban 1%-ot tudott er\u0151s\u00f6dni a BUX, a Richter menetel\u00e9s\u00e9nek k\u00f6sz\u00f6nhet\u0151en. A gy\u00f3gyszeripari v\u00e1llalat \u00e1rfolyam\u00e1nak siker\u00fclt elpattannia a 3900-es szintr\u0151l, m\u00edg a OTP folytathatja szolid emelked\u00e9s\u00e9t.<\/td>\n<td>++<\/td>\n<\/tr>\n<tr>\n<td>Az egyszeri t\u00e9telekt\u0151l tiszt\u00edtott EBITDA 15%-kal haladta meg az elemz\u0151i v\u00e1rakoz\u00e1sokat, de ennek ellen\u00e9re gyenge sz\u00e1mokat k\u00f6z\u00f6lt 2014-r\u0151l a MOL. A k\u00e9szlet\u00e1t\u00e9rt\u00e9kel\u00e9sek \u00e9s az INA le\u00edr\u00e1sok, valamint az olaj vil\u00e1gpiaci \u00e1r\u00e1nak bezuhan\u00e1sa \u00f6sszess\u00e9g\u00e9ben 100 mrd. Ft feletti vesztes\u00e9get jelent. A menedzsment pozit\u00edv \u00e9s a finom\u00edt\u00e1si szegmens is kifejezetten j\u00f3l teljes\u00edtett. A k\u00e9szp\u00e9nztermel\u0151 k\u00e9pess\u00e9ge n\u00e9mileg visszaesett, de az m\u00e9g \u00edgy is jelent\u0151s.<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td>Ma tart kamatmeghat\u00e1roz\u00f3 \u00fcl\u00e9st az MNB, ahol a v\u00e1rakoz\u00e1sok szerint marad a 2,1%-os alapkamat. A kamatcs\u00f6kkent\u00e9si ciklus \u00fajraind\u00edt\u00e1s\u00e1nak k\u00f6r\u00fclm\u00e9nyeire azonban utal\u00e1st tal\u00e1lhatunk a komment\u00e1rban. A piaci konszenzus szerint m\u00e1rciust\u00f3l m\u00e1r kamatot v\u00e1ghat az MNB.<\/td>\n<td>Semleges<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\" width=\"50%\">\n<table cellspacing=\"0\">\n<thead>\n<tr>\n<th colspan=\"2\">Indexek<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>S&amp;P 500<\/td>\n<td>2 109,66<br \/>\n<span style=\"font-size: xx-small;\">(-0,64 -0,03%)<\/span><\/td>\n<\/tr>\n<tr>\n<td>Dow Jones Industrial Average<\/td>\n<td>18 116,84<br \/>\n<span style=\"font-size: xx-small;\">(-23,60 -0,13%)<\/span><\/td>\n<\/tr>\n<tr>\n<td>NASDAQ Composite<\/td>\n<td>4 960,97<br \/>\n<span style=\"font-size: xx-small;\">(+5,00 +0,10%)<\/span><\/td>\n<\/tr>\n<tr>\n<td>DAX<\/td>\n<td>11 130,92<br \/>\n<span style=\"font-size: xx-small;\">(+80,28 +0,73%)<\/span><\/td>\n<\/tr>\n<tr>\n<td>NIKKEI 225<\/td>\n<td>18 603,48<br \/>\n<span style=\"font-size: xx-small;\">(+136,56 +0,74%)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td align=\"center\" valign=\"top\" width=\"50%\">\n<table cellspacing=\"0\">\n<thead>\n<tr>\n<th colspan=\"2\">B\u00c9T el\u0151z\u0151 z\u00e1r\u00f3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BUX<\/td>\n<td>18 205,38<\/td>\n<\/tr>\n<tr>\n<td>OTP<\/td>\n<td>4 330<\/td>\n<\/tr>\n<tr>\n<td>MOL<\/td>\n<td>11 785<\/td>\n<\/tr>\n<tr>\n<td>MTELEKOM<\/td>\n<td>375<\/td>\n<\/tr>\n<tr>\n<td>RICHTER<\/td>\n<td>3 985<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(Random Capita)<\/p><div id=\"gazda-2270957683\" class=\"gazda-tartalomban gazda-entity-placement\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-6t+ed+2i-1n-4w\"\r\n     data-ad-client=\"ca-pub-1959107119989764\"\r\n     data-ad-slot=\"4008251320\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Az egyszeri t\u00e9telekt\u0151l tiszt\u00edtott EBITDA 15%-kal haladta meg az elemz\u0151i v\u00e1rakoz\u00e1sokat, de ennek ellen\u00e9re gyenge sz\u00e1mokat k\u00f6z\u00f6lt 2014-r\u0151l a MOL. A k\u00e9szlet\u00e1t\u00e9rt\u00e9kel\u00e9sek \u00e9s az INA le\u00edr\u00e1sok, valamint az olaj vil\u00e1gpiaci \u00e1r\u00e1nak bezuhan\u00e1sa \u00f6sszess\u00e9g\u00e9ben 100 mrd. Ft feletti vesztes\u00e9get jelent. A menedzsment pozit\u00edv \u00e9s a finom\u00edt\u00e1si szegmens is kifejezetten j\u00f3l teljes\u00edtett. A k\u00e9szp\u00e9nztermel\u0151 k\u00e9pess\u00e9ge n\u00e9mileg visszaesett, &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,246],"tags":[372],"_links":{"self":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/56670"}],"collection":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/comments?post=56670"}],"version-history":[{"count":1,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/56670\/revisions"}],"predecessor-version":[{"id":56672,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/posts\/56670\/revisions\/56672"}],"wp:attachment":[{"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/media?parent=56670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/categories?post=56670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gazdasagportal.hu\/index.php\/wp-json\/wp\/v2\/tags?post=56670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}