Adyen drops on divided stock | Financial


Around 11 a.m., the AEX index was 0.3% lower at 547.5 points. The AMX rose 0.5% to 805.2 points. The price signs in London (-0.2%), Paris (-0.5%) and Frankfurt (-0.6%) turned red.

Elsewhere, stock markets were also under pressure. The Japanese Nikkei index closed 1.5% lower this morning. According to the Chinese government, activity in the manufacturing and services sectors increased in September. Figures from market researchers Caixin and Markit also showed that the Chinese industry has continued to grow this month. Growth was slightly lower than in August.

The American stock markets ended on Tuesday evening 0.3% to 0.5% in the red. The stock markets in New York are expected to open 0.7% to 0.9% in the minus this afternoon. The first election debate between US President Donald Trump and his Democratic challenger Joe Biden was unprecedentedly hard and chaotic. Trump not only ran into hard work with Biden, but also with debate leader Chris Wallace because of his many interruptions.

In the AEX was DSM the largest riser with a plus of 3.7%. The specialty chemicals group announced it would sell a large portion of its materials business to Covestro for € 1.6 billion.

Unibail became worth 2.3% more. The retail property fund thus recovered after the 5.4% share price on Tuesday.

Royal Dutch Shell was allowed 0,8% credit. The oil and gas concern announced this morning that it would cut between 7,000 and 9,000 jobs. The intervention should lead to cost savings of $ 2 billion to $ 2.5 billion by 2022. Tech investor Prosus (+ 1.4%) also supported the AEX.

Payment service provider Adyen (-2.7%) was the biggest loser among the main funds. Steelmaker ArcelorMittal gave in 2.6%.

In de AMX won BAM 5.5%. The construction group is almost certainly going to cut more than a thousand jobs. The builder expects the reorganization program to generate cost savings of € 100 million per year. According to the builder, the intervention is necessary because of the corona crisis and the disappointing results in the first half year.

Corbion (+ 0.9%) said it had issued $ 170 million in debt to five institutional investors. The proceeds are used to repay loans and for general corporate purposes.

Pharmacist chair supplier Fagron (-1.6%) was the biggest laggard among medium-sized funds. Chip supplier Iron left 1.2%.

Smallcapfonds Ajax (-2.3%) came on Tuesday after the closing bell with results. The listed football club made a profit of € 20.7 million last season. That was a lot less than a year earlier, when the club achieved almost € 52 million profit, partly thanks to the good results in the Champions League.

It’s noted locally Kiadis Pharma (-6.4%) opened the books. The biotechnology company suffered a smaller loss in the first half of the year than a year ago, helped by lower operational costs. Kiadis’ cash position stood at € 19.8 million at the end of June.

Would you like to know more about the financial and sustainable returns that green bonds can deliver? Then register for the online seminar Thursday evening.

Source link by

*The article has been translated based on the content of Source link by
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!


Please enter your comment!
Please enter your name here