-- 標普全球週四發布的一項調查顯示,澳洲私部門活動在經歷了3月的下滑後,於4月趨於穩定。服務業的溫和復甦被製造業的持續疲軟所抵消,製造業疲軟的原因是國內需求疲軟、成本壓力上升以及與中東緊張局勢相關的供應鏈中斷。 報告稱,4月澳洲綜合PMI產出指數初值從3月的46.6升至50.1,突破了中性閾值。服務業活動的復甦抵銷了製造業產出加速下滑的影響。 高於50的讀數表示經濟擴張。 4月服務業PMI商業活動指數初值從3月的46.3上升至50.3。製造業產出指數初值從49.4小幅下降至48.2,而製造業PMI初值則從49.8上升至51。 報告顯示,受地緣政治緊張局勢影響,澳洲企業4月新業務連續第二個月下滑,客戶信心和國內需求受到抑制,儘管出口訂單的溫和成長部分抵消了這一影響。 由於成本和需求壓力上升,4月份企業信心跌至近兩年半以來的最低水平,儘管私人招聘的回升幫助企業在第二季度初清理了積壓訂單。 報告指出,由於燃料和運輸成本上漲推高了投入價格,企業將更多成本轉嫁給客戶,澳洲私部門通膨在4月份加速至2022年8月以來的最快水平,這是三年半以來的最高水平。 澳洲製造業在4月持續萎縮,產量連續第三個月下降,產出下降速度為2024年底以來的最快,儘管就業和庫存減少的幅度略有放緩。 4 月份,由於中東衝突導致的運輸延誤,製造商面臨自 2022 年年中以來最嚴重的供應鏈中斷,投入品交付時間延長,成本和銷售價格的通膨都達到了多年來的最高水平。
Related Articles
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.
Petro Rabigh Emerges From Loss in Q1; Revenue Grows
Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, said Sunday it swung back to profit in the first quarter of 2026, while revenue increased year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 1.47 billion Saudi riyals, compared with the attributable loss of 691 million riyals earlier. EPS moved to 0.88 riyal from a loss per share of 0.41 riyal.The Tadawul-listed oil refining and petrochemical company's revenue was 14.85 billion riyals, compared with 11.21 billion riyals a year ago.
Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $8 to $155, valuing HIG shares at 11.3x our 2026 operating EPS estimate of $13.75 (cut by $0.45) and at 10.6x our 2027 EPS estimate of $14.65 (cut by $0.30), vs. the shares' one-year average forward multiple of 10.3x and peer average of 13x. Q1 EPS of $3.09 vs. $2.20 a year ago missed our $3.60 estimate and $3.39 consensus view. Operating revenue growth of 6.2% was in line with our 6%-10% forecast, amid 5.3% earned premium growth, 13% higher net investment income, and 7.9% fee revenue growth. Q1 written premium growth of 4% and full-year 2025 growth of 7% bode well for 2026 revenue trends as premiums are earned. Underwriting results improved significantly, with Personal Lines combined ratio improving to 87.7% from 106.1% and underlying combined ratio to 85.0% from 89.7%. Business Insurance combined ratio was stable at 94.8%. Weighing the Q1 EPS miss with HIG's decent top-line growth and discounted valuation to peers, we view the shares as undervalued.