FINWIRES · TerminalLIVE
FINWIRES

オーストラリア株は横ばい。リオ・ティントは第1四半期の銅換算生産量と鉄鉱石生産量が増加。

-- オーストラリア株式市場は火曜日、米国とイランのさらなる交渉に関する報道を受け、アジア市場の大半が上昇した一方、ほぼ横ばいで取引を終えた。 S&P/ASX 200指数は小幅な変動にとどまり、8,949.40で引けた。 イランはパキスタンで開催される米国との和平交渉への参加を検討している一方、2週間の停戦期限が切れる前に、イランの港湾に対する米国の封鎖解除を目指している。この封鎖は、イランの交渉参加における主要な障害と見られている。 月曜日、ナスダック総合指数は0.3%、S&P500指数は0.2%それぞれ下落したが、ダウ平均株価はほぼ横ばいだった。 国内経済指標では、ANZ銀行が発表した4月13日から19日の週のANZ-ロイ・モーガン・オーストラリア消費者信頼感指数は0.2ポイント低下し、64.3となった。 企業ニュースでは、リオ・ティント・グループ(ASX:RIO)が火曜日、第1四半期の銅換算生産量が前年同期比9%増加したと発表しました。一方、世界の鉄鉱石生産量は12%増の8,280万トンとなりました。 ライナス・レアアース(ASX:LYC)は、第3四半期の売上高が前年同期の1億2,300万豪ドルから2億6,500万豪ドルに増加し、売上高も1億2,460万豪ドルから2億3,400万豪ドルに増加したと発表しました。 最後に、カンタス航空(ASX:QAN)は、国内線および地域路線の90路線で、エコノミークラスとビジネスクラスの両方を含む運賃の1週間限定セールを開始しました。対象期間は2027年3月までです。

Related Articles

Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI