Stock Exchange Update: Red light Philips AEX grid mountain bars | Financial

The AEX index finished down 0.3% at 570.48 points. The index therefore remained just below the annual record, which was reached last Friday at a score of 573.01 points. The Midkap fell by 0.5% to 771.36 points

Elsewhere in Europe, the stock markets also lost ground, Paris and Frankfurt fell respectively 0.3% and 0.1%.

After last week 's sunny send off, with a new high of the year for AEX, investors took a step back in anticipation of a new influx of quarterly figures in the next trading days. Corné van Zeijl, an analyst at Actiam, points out that the substantial funds ASML and Unilever have made the AEX in Europe the white crow with an increase of more than 5% compared to the position at the beginning of this year and including dividend itself at the highest level ever. He points out that receiving the results of the other heavyweight Shell next Thursday will play an important role or even more in the barrel for the main level meter in Amsterdam. "The optimism regarding the earnings season with the main funds is justified, especially given the underlying profitability." Wall Street took a step back this afternoon.

This Thursday, all eyes will be focused on the decision of the ECB. (ECB). "Interest rates will remain unchanged, but the wording of ECB President Mario Draghi will be closely monitored because of the deterioration in the confidence of European purchasing officials over the last few months due to the lack of interest. impact of a possible trade war. "

Brent) rose slightly to over $ 73 a barrel in response to increasing tensions between Iran and the United States. The increase in demand for oil from China has also played a role in this regard. Jos Versteeg, Analyst at InsingerGilissen, further points out that in America oil production is stabilizing, while a larger increase was expected.

In the AEX, Philips suffered a loss of 1.8%. The health technology group achieved comparable sales in the second quarter compared to the previous year. Although the company achieved its own sales, it was affected by the effects of exchange rates and disposals. Analysts have spoken of "weaker than expected growth". According to Versteeg, Philips was disappointed by the performance of the dissection Personal Health. It also takes into account that investors fear that Philips will be bothered by US import duties on partially manufactured healthcare products in China. Van Zeijl states that the balance results were in line with analysts' consensus and the pursuit of expectations at Philips has resulted in cash gains after the good recovery in recent weeks. Former lamp subsidiary Signify was 1.1%

ASML was a little less with a 0.6% drop after last week having again excelled. Unilever also suffered profit taking after last week's enthusiasm and lost 1%.

Bankconcern ING received 1.3%. ABN Amro was worth 0.7% more. Financial stocks received a helping hand after the financial injection of the Chinese central bank into their own banking sector to stimulate the economy.

Randstad received 1.3%. The broadcaster was under pressure on Friday because of disappointing results from Manpower. Randstad is scheduled for Tuesday with quarterly figures. RD Shell 0.1% thickness helped by rising oil prices

In the Midkap Wessanen still fell by 9.2%. The natural food business took a new bite after the pounding last Friday because of the poor half-year results. Wessanen has also received today a notice of purchase of the house Kepler Cheuvreux titles with a target price of 15.70 euros. Air France KLM lost 1.4% less in line with the sadness of Irish partner Ryanair

Flitshandeler Flow Traders (+ 2.4%) was the most trek with the Midkappers. Producer Navigation TomTom still yielded 1.5% after the good performance of the action last week. The offshore SBM plagued was removed from the 1.9% rise in oil prices.

In small caps, BinckBank increased by 3.6%. Investors reacted enthusiastically to the sharp increase in profitability over the last six months, thanks in part to the sale of a majority stake in Think ETF Asset Management. Thanks to higher profits, BinckBank shareholders will receive more dividends.

In addition, investors have continued to wonder what an action Adyen really is worth. The payment service provider of Amsterdam went public last month at an introductory price of € 240. Investment Bank JPMorgan today issued an "overweight" board for action, including a target price of 636 euros. Citigroup and Morgan Stanley are a little more cautious and offer respective price targets of 600 and 570 euros. The Adyen action has climbed 3% to close below 600 €.