Economy

AEX limited loss after final sprint | Financial

The AEX closed 0.2% lower at 712.5 points, after tapping a low of 707.6 points just before half past four. The AMX rose 0.4% to 1049.6 points.

The other European main degree meters performed better. The British FTSE 100, the German DAX and the French CAC 40 won 0.5%, 0.2% and 0.3% respectively.

When the European stock markets closed, the Dow Jones index was 0.3% higher and the Nasdaq index had lost 0.1%.

After the turbulence in previous trading days, investors are slowing down a bit. According to Rein Schutte, investment advisor at Noesis Capital Management, it takes some time to look for direction after a sharp dip in prices on Tuesday was followed by a strong recovery a day later. Investors are particularly looking forward to the US jobs report on Friday, which may provide more clarity on the course of the US economic recovery. This outcome can have a significant impact on the stock market climate, partly in view of inflation expectations. It was also striking that ING was not rewarded for its strong results. ”

Chips cool

Payment processor ended with the Dutch main funds Adyen in a difficult week with a loss of 4.4% at the bottom.

The suppliers to the chip sector, which have risen sharply in recent months, were also hit. Besi, ASML and ASMI left 3.5%, 1.8% and 1.5% respectively.

ING closed 0.7% lower, although the banking group boosted profits significantly in the past quarter.

Lighting company Signify peaked above € 50 with a 3.3% higher price.

Heineken saw the share price pick up 2.1% after better than expected results of the Belgian peer AB Inbev.

Bee ArcelorMittal it ran smoothly in the past quarter. Investors put the steel giant 1.8% higher.

KPN posted a profit of 1.6%. At the beginning of this week, the telecom group was still under pressure because of the disappointment about the rejection of proposals by two interested parties.

The metals supplier included in the AMX AMG fell 3% after the publication of disappointing quarterly results.

Air France KLM ran into a loss of 2.6%. The aviation combination is still heavily burdened by the impact of the corona crisis and reported a quarterly loss of € 1.5 billion.

Biotechnology company Galapagos fell a further 2.4%, closing at its lowest level since early 2017 in the run-up to the quarterly figures to be published late tonight.

Fertilizer company OCI and tech company TKH climbed 5.7% and 4.1% respectively, after having risen sharply on better than expected quarterly reports on Wednesday.

Engineering and consultancy firm Arcadis won 3%. In the recently published better-than-expected quarterly figures, ING saw reason to raise the target price to € 45 while maintaining the buy recommendation.

Smallcap ForFarmers fell 5.7% because the feed company announced a difficult start to the new year.

CM.com fell 1.6% despite the notification from the tech company that it will also be able to provide message traffic for the Dutch government in the coming years.

BAM lost 0.6%. In the construction business, strong growth in home sales in the Netherlands and a solid order book in the United Kingdom resulted in a positive operating result in the first three months.

Window covering Hunter Douglas ended unchanged, in response to its quarterly earnings.

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