Stock Market Update: AEX Trade Press Dispute | Financial

Around 11:10, the AEX index recorded a 0.8% drop to 547.3 points. The Midkap fell 1% to 768.5 points. Prices in London (-1%), Paris (-0.9%) and Frankfurt (-0.6%) also turned red

The international trade dispute still seems to dominate the stock market this week. On Friday, import duties on products from China announced by US President Donald Trump will be introduced. Trump agreed two weeks ago for taxes totaling $ 50 billion on Chinese products. Of these, $ 34 billion will come in at the end of the week. China has already announced that it will come back. Meanwhile, Brussels threatens new import rights worth $ 300 billion when Americans start charging prices on European cars.

The Japanese Nikkei index closed at over 2% this morning. In addition to international trade tensions, a negative report from the Bank of Japan, which showed that the confidence of large Japanese companies has fallen, stock market prices in Tokyo [WallStreetshouldreach04%thisafternoonto06%TheNewYorkStockExchangeisapproachingsomeoftheshort-termbargainingbywhichtheissuer'AccordingtoAEX ArcelorMittal was the biggest loss with a loss of 3.3% The steelmaker is doing business in China and in the United States. United States and may therefore suffer from the threat of a trade war.

The cable and telecommunications provider Altice was 2.4%. DSM decreased to 0.7% in red. Investor Bain Capital buys DSM Sinochem Pharmaceuticals (DSP) as planned. DSP is a collaboration between DSM and Chinese Sinochem. After the conclusion of the agreement, DSM will receive 275 million euros in cash for its 50% stake in the partnership

Galapagos (+ 1.2%) was the largest increase among the major funds. The biotech group has therefore scrambled after Friday's price-sensitive loss following the quarrel with its partner AbbVie in the development of a cystic fibrosis drug.

AkzoNobel pleated 0.4%. CEO Thierry Vanlancker said that the paint manufacturer is considering more modest acquisitions

Gemalto (+ 0.3%) also kept his feet dry. The digital security guard is about to be taken over by Thales.

In the Midkap TomTom fell by 4.1%. Investors were not impressed by the message that Apple continues to cooperate with the shipping group. The glasses seller GrandVision (-5.1%) was the biggest loser among the Midkappers.

BAM decreased by 2.1%. The construction company is involved in the construction of the new lock at IJmuiden, which will know this week how long it will take. VolkerWessels (-1.7%) also included a provision for this

The Midkap winners were led by the supplier of the chip machine Besi (+ 0.8 %). Flitshandelaar Flow Traders and meal delivery Takeaway.com were allowed to add respectively 0.5% and 0.2%.

In small-cap funds Vastned (-4, 7%) a striking faller. The real estate fund has received an ING sales council. Branchmate NSI (-2.1%) was also faced with a reduction in the guidance of ING

Basic-Fit force of 3.8%. The gymnastics chain was also in demand Friday after buying the advice of KBC Securities

ForFarmers (+ 0.2%) announced that Maatman's compound feeds and fertilizers assets in the Netherlands and Germany would be transferred. take. Maatman appreciates the acquisition to the tune of 7 million euros

Esperite (+ 0.2%) announces the sale of its stake in CryoSave South Africa. The biotech company rejects the stem cell bank with its partner Ecsponent. Buyer Go Life Healthcare pays a total of 50 million South African Rand for CryoSave. Among them, Esperite receives 20 million euros, or about 1.25 million euros

Alfen (+ 1.5%) acquires the Finnish developer and producer of systems. distribution of electricity in Elkamo. The financial details were not provided by the charging station

Core Laboratories (-1.9%) adjusted downward its earnings and figure forecasts. business in the second quarter. The Amsterdam-based service provider for the oil and gas industry attributes the earnings and turnover alarm to delays in the resumption of international development activities on the ground