AEX closes at the highest point in 17 years



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A record on the Amsterdam Stock Exchange. The AEX index closed at 573.62 points, the price rise was 0.6% and the highest level since 2001. The Midcap rose 0.9% to 778.08 points.

The ArcelorMittal steel industry was the strongest in the main index with a gain of 5.4%. Randstad followed with a more than almost 4 percent. The broadcaster continued to benefit from continued demand for staff in the second quarter and made more profit from higher sales.

"It took seventeen years, but we can put this record in our pocket," says stock market commentator Hans de Geus. According to him, it is especially the technological values ​​which are doing well and which push the exchanges throughout the world.

According to him, the craze for the stock market is also due to the fact that Chinese investors have gained confidence thanks to the new stimulus policy of the Chinese government. "There are subsidies on investment and the Chinese government lowers taxes for small businesses."

European Stock Exchanges

Stock markets were also booming elsewhere in Europe, thanks to good quarterly reports from large companies such as UBS and PSA Peugeot Citroën. . Leading counters in London, Paris and Frankfurt recorded gains of 1.1%.

Randstad's Swiss competitor, Adecco, climbed 2.7% in Zurich. The telecommunications company KPN and the information provider Wolters Kluwer joined the main funds of Amsterdam with a decline of 1.2%

Sligro down

In the MidKap, Sligro shares (minus 16.9%) were no longer entitled to the dividend. about the previous period. The wholesaler distributed a special dividend of € 7.57 per share following the sale of the EMTÉ supermarkets. Kempen also lowered the board of the company

Air France-KLM gained 0.9%. The unions around Air France remain in the wage dispute with the French airline until after the summer. Unions say they want to spare travelers this summer. The Besi tokens provider was the biggest winner among the medium-sized funds with a more than 4.9%. The stainless steel producer Aperam follows with a gain of 3%

More profits UBS

PSA Peugeot Citroen leaps almost 14% in Paris and reaches its highest level in ten years after good results half-yearly results of the French automobile group. UBS climbed more than 4% in Zurich. The largest bank in Switzerland has increased its profits in the second quarter and also expects to benefit from global economic growth in the coming years.

The euro was worth $ 1,1692, against $ 1,1707 a day earlier. A barrel of American oil became 1.6% more expensive at $ 68.94. The price of Brent oil climbed 1.2% to 73.92 dollars a barrel

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