IMCD shines on sunny AEX | Financial


At around 12:05 pm, the AEX index was up 0.6% at 559.5 points. The AMX went up 0.4% to 819.9 points. The price signs in London (+ 0.2%), Paris (+ 0.4%) and Frankfurt (+ 0.4%) also turned green.

Investment strategist Simon Wiersma (ING) spoke of “a reasonably easy, but positive mood” in the stock markets. “Trade turnover is lower than usual. We are now waiting for the Fed. ”

Wiersma expects Fed chairman Jerome Powell to hint at more stimulus in the US tonight. “That will probably be in the form of yield curve control. But I don’t expect Powell to say anything about the possibility of negative interest rates. ”

Other analysts expect that Powell will be more positive about the US economic situation, but that the central banker will at the same time emphasize that he will maintain the massive stimulus program for a long time due to the still high unemployment rate. The US stock markets are expected to open 0.4% to 0.6% higher this afternoon.

The oil price (Brent) fell back above the $ 40 per barrel mark. The shutdown of oil platforms in the Gulf of Mexico due to the approaching Hurricane Sally played a role in this.

In the AEX was IMCD the star with a price jump of 7.2%. The chemical distributor announced it would acquire Indian industry peer Signet. IMCD raised € 400 million with the sale of 4.4 million new shares to finance the purchase.

Payment service provider Adyen became worth 2.9% more. Chip supplier ASMI advanced 2.1%.

Financials had to give way in the run-up to the Fed decision. The banks ABN Amro (-1.5%) in ING (-1.2%) were at the bottom of the main funds.

In the AMX was real estate fund Eurocommercial (+ 5.4%) the front runner. Soil researcher Fugro (+ 3.9%) benefited from the higher oil price.

Altice Europe increased 0.1% to € 4.15. That is 4 cents above the takeover bid that major shareholder Patrick Drahi made at the end of last week for the cable and telecom group. Altice Europe has also placed bonds worth € 900 million.

Air France KLM faced a loss of 1.5%. The German industry peer Lufthansa would plan to put the knife even deeper into its staff.

Smallcapfonds ForFarmers was rewarded for ambitions abroad. The animal feed producer was allowed to add 2.4%.

Slipped on the local market 1.2% off after a cheerful start. The technology company raised nearly € 32 million with the sale of more than 2.1 million new pieces, for € 15 per share. The proceeds will be used for potential acquisitions and general corporate purposes.

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