AEX is working hard on recovery with popular steel | Financial


The AEX index noted around a quarter to eleven 0.8% in the plus at 564.66 points. The Midkap index rose 0.7% to 844.14 points.

Elsewhere in Europe, the stock markets also showed a good recovery. London, Paris and Frankfurt gained up to 1.2%.

Well-received results from the German car corner with Daimler and from French luxury group LVMH also helped to dispel Thursday’s gloom.

Wall Street rebounded after a gloomy start last night. Renewed hopes for a deal on new corona support in the US added to this. US President Trump said he wanted to go further with the stimulus package than his own party in the drawn-out negotiations with the Democrats. US futures were off to a flat start for this afternoon.

Investors continued to be cautious due to the resurgence of the corona virus in many European countries and the stricter measures to contain the virus.

Major damage to Galapagos

In the predominantly green-colored AEX went Galapagos on sale with a loss of 8.4% after a new setback at the biotech fund in a study of a potential drug against osteoarthritis.

ArcelorMittal took the lead with a plus of 3.9% after news of a possible consolidation in the sector. The steel branch of the German ThyssenKrupp would be in the spotlight at Liberty Steel.

Just Eat Takeaway headed another 3.3% higher. British bank HSBC ramped up the recommendation for the meal delivery company. Takeaway plays into the cards new lockdowns in the catering industry.

Informatieleverancier Relx rose 2.3%. Industry colleague Wolters Kluwer won 1.6%. In an interview with the Financial Telegraph, top woman Nancy McKinstry is positive about the state of affairs.

Unibail-Rodamco-Westfield fell 2%, after the price jump from the day before. The real estate fund emphasized that it would continue to steer its own course despite the opposition of major shareholders to a possible share issue.

New tap Fugro

In the Midkap lighting company Signify topped the list of winners with an improvement of 2.6%. Steel producer Aperam (+ 2.2%) also benefited from takeover news in the sector.

Fugro plunged another 3%. The soil researcher plummeted on Thursday by the confirmation that talks are being held with investors about a possible share issue.

The decline of BAM (-1.3%) continued unabated to a low of just above € 1. Daam-Martijn van Holst, trader at ABN Amro, emphasizes that the continuing sales pressure is being fueled by the fear of refinancing at the construction company.

Would you like to receive our newsletter daily or weekly? Report you here.

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