European stocks are currently hovering at high levels as rising oil prices and geopolitical tensions in the Middle East prompt investor caution. Investors are now awaiting key economic data on employment and inflation.
Woche 41 (5.–11. Oktober)
13.10.2026
Weekly performance
+3,0%
Portfolio value
14.296,92 €
The portfolio closed week 41 (5–11 October) with a weekly performance of +2.98% at a portfolio value of €14,296.92. Strongest holding of the week: Accenture (+7.18%). Weakest holding: Taiwan Semiconductor (-6.69%).
Portfolio value during the week
Top movers of the week
Position weights
News of the week
US stock markets, particularly the S&P 500 and Nasdaq, closed lower due to rising crude oil prices. Additionally, weaker chip stocks weighed on overall market sentiment.
European markets are showing caution as geopolitical tensions in the Middle East put pressure on oil prices. While the travel and leisure sector is suffering from rising fuel costs, the technology sector remains robust due to sustained AI demand.
European stock markets remain at a stable level as investors weigh risks surrounding the Strait of Hormuz and their impact on oil prices. Market participants are also focusing on upcoming economic data from the US and the Eurozone.
Uncertainty over the reopening of the strategically important Strait of Hormuz is keeping oil prices at an elevated level. Brent crude futures rose 0.6 percent as shipping through the waterway remains severely restricted.
European stock markets remain largely unchanged as investors weigh risks surrounding the Strait of Hormuz. At the same time, focus is shifting to upcoming economic data, particularly US consumer price indices and Eurozone labor market figures.
European stock markets remain largely unchanged at the start of the week as investors weigh risks from the tense situation in the Strait of Hormuz. At the same time, focus is shifting to upcoming economic data, particularly US consumer price indices, which could provide clues on future interest rate policy.
US stock markets recently recorded significant gains, with the S&P 500 and Nasdaq reaching new record closing highs. Investor focus is shifting back strongly toward technology stocks.
Unemployment figures in Germany rose significantly more than analysts predicted in September. This signals a potential cooling of Europe's largest economy.
US stock markets show indecision ahead of the opening bell, with futures for the S&P 500, Dow Jones, and Nasdaq trading slightly lower. A continued selloff in the bond market and rising oil prices are weighing on investor sentiment.
Global inflation remains persistently above target levels, forcing central banks to maintain a cautious monetary policy. Despite a resilient global economy, geopolitical tensions and supply bottlenecks are weighing on growth.
Unemployment figures in Germany rose significantly more than analysts had forecast in September. This highlights the current economic weakness of Europe's largest economy.
Upcoming dates next week
- 14.10.2026Earnings
ASML Holding (ASML)
- 15.10.2026Earnings
Taiwan Semiconductor (TSM)
- 20.10.2026Earnings
LVMH (MC)
Journal of the week
Nachkauf von einer Intuit Aktie.
Preis-Alarm: Kurs 55,02 liegt 26,64 % unter dem Fair Value (75,00). Kaufzone (-15 % Sicherheitsmarge) erreicht.
Wegen großem Interesse SRVI seitig, und guter Bewertung wurde AXA auf die Watchlist gesetzt.
Preis-Alarm: Kurs 41,42 liegt 17,98 % unter dem Fair Value (50,50). Kaufzone (-15 % Sicherheitsmarge) erreicht.
Insider-Verkauf durch Hogan Catherine Kiernan (COO): 1,320 Stück zu je $200 USD (Wert $264,000).
Insider-Kauf durch Yuan Lipen (VP): 40 Stück zu je $79.39 USD (Wert $3,176).
Insider-Verkauf durch Dageville Benoit (Dir): 50,000 Stück zu je $333.42 USD (Wert $16,671,000).
Insider-Kauf durch Hou Yung-Chin (SVP, Deputy Co-COO): 60 Stück zu je $79.39 USD (Wert $4,763).
Insider-Kauf durch Jang Syun-Ming (VP): 46 Stück zu je $79.39 USD (Wert $3,652).
Insider-Kauf durch Huang Jen-Chau (SVP, CFO): 28 Stück zu je $79.39 USD (Wert $2,223).
Insider-Kauf durch Hwang Yuan-Ko (VP): 39 Stück zu je $79.39 USD (Wert $3,096).
Insider-Kauf durch Ku Yao-Ching (VP): 46 Stück zu je $79.39 USD (Wert $3,652).
Insider-Kauf durch Lee Chun-Hsien (SVP): 51 Stück zu je $79.39 USD (Wert $4,049).
Insider-Kauf durch Lin Chris Horng-Dar (VP, CIO): 44 Stück zu je $79.39 USD (Wert $3,493).
Insider-Kauf durch Lin Shyue-Shyh (VP): 44 Stück zu je $79.39 USD (Wert $3,493).
Insider-Kauf durch Lu Lee-Chung (VP): 49 Stück zu je $79.39 USD (Wert $3,890).
Insider-Kauf durch Lu Chin-Sheng (VP): 36 Stück zu je $79.39 USD (Wert $2,858).
Insider-Kauf durch Tien Bor-Zen (VP): 47 Stück zu je $79.39 USD (Wert $3,731).
Insider-Kauf durch Mii Yuh-Jier (EVP, Co-COO): 68 Stück zu je $79.39 USD (Wert $5,399).
Insider-Kauf durch Wang Ying-Lang (SVP): 52 Stück zu je $79.39 USD (Wert $4,128).
Insider-Kauf durch Wu Yi-Huang (VP): 39 Stück zu je $79.39 USD (Wert $3,096).
Insider-Kauf durch Wei Che-Chia (COB, CEO): 144 Stück zu je $79.39 USD (Wert $11,432).
Insider-Kauf durch Wu Shien-Yang (SVP): 53 Stück zu je $79.39 USD (Wert $4,208).
Insider-Kauf durch Yoo Chue-San (VP): 50 Stück zu je $79.39 USD (Wert $3,970).
Insider-Kauf durch Zhang Kevin Xiaoqiang (SVP, Deputy Co-COO): 59 Stück zu je $79.39 USD (Wert $4,684).
Insider-Kauf durch Yeap Choh Fei (SVP): 52 Stück zu je $79.39 USD (Wert $4,128).
Insider-Verkauf durch Lee Janet (GC, Corporate Secretary): 1,144 Stück zu je $502.52 USD (Wert $574,685).
Accenture bleibt nach neusten Quartalszahlen stabil. Die Bewertung verschiebt sich dementsprechend auch nicht.