KPMG Quarterly Brief - International Valuation Newsletter 2023 - Q4
Capital market data as of 31 December 2023
Capital market data as of 31 December 2023
During the last quarter of 2023, the global crisis landscape has continued relatively unchanged. The upcoming election year around the world is adding additional political uncertainty. Amidst all the geopolitical concerns, after numerous increases to counter inflation, central banks appear to be assessing potential policy rate cuts in light of the appearance of inflation to be flattening. Equity markets worldwide experienced positive performance, some of them even reached new highs at the end of 2023, reflecting investor optimism after a rollercoaster ride in the fourth quarter. The advancements and potential applications of artificial intelligence continue to offer unprecedented opportunities for society.
In this unpredictable environment, it is crucial to have well-founded value analyses that provide a solid foundation for decision-making.
This edition of KPMG´s Quarterly Brief provides a selection of key financial market data covering:
- Comparison of major stock market performance for the 12 months ending 31 December 2023
- S&P Eurozone BMI Index sector multiples
- Risk-free rate for Austria
- Equity risk premium for Austria
- Country risk premiums and inflation adjusted risk-free rates for the BRICS countries
