11 October 2015
Posted in
sentix Weekly
Sentiment upswing on Utilities and Energy
The latest sentix survey suggests that investors have become markedly less downbeat on several sectors. In the case of Utilities, readings have rebounded from historic lows, to their highest level of 2015, albeit the survey suggests pessimism remains notable. At the same time, sentiment has also improved on Basic Resources and Energy versus the market, consistent with the notable improvement seen in sentiment towards Crude Oil (see Charts 2-4). A near-term revival in equity sentiment has been accompanied by a less downbeat view on some of the least loved European sectors.