日经年内累升逾16%券商续看好 野村明年看25,000 大摩荐IT、金融等板块
日股今年表现亮丽,日经指数本年至今累升约16.4%,东证指数更升约19%。不过,受惠企业盈利复苏,摩根士丹利、瑞银及野村料日股明年可继续攀升。
野村料2020年底,日经指数将升至25,000点,东证指数料升至1,850点。该行本月较早时间发表报告指,日股展现了周期性强势,随着全球经济复苏预期升温,日股亦随之走高。
日本经济仍然增长乏力,大摩料日本明年经济零增长,不过,其证券分析师指,日本正面结构性趋势,如企业管治及盈利能力改善,将有助上市公司维持或增加其价值。
此外,野村料届明年3月底止,圆汇兑美元将走低,将有利依赖海外收入的日本企业,如出口商。
大摩吁「增持」日本资讯科技及服务企业、金融企业(银行除外)、批发贸易及建筑;并「减持」食品、零售、医药及汽车板块。
瑞银建议投资者专注派息稳定的具质素企业,拥抱组织转型的公司,以及具可持续性及道德营商作风的公司。
野村则首选机械、电气设备及精密仪器股;但资讯科技及服务企业或跑输大市。
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