An investor waits for Trump-Xi meeting | financial



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AEX closed up 0.1% at 520.3 points. The AMX rose 0.5% to 703.8 points. Other European stock markets did not perform better. The German DAX closed and the French CAC 40 gained 0.5%.

Asset manager Joop van de Groep (Fintessa) observes that the removal of the fear of interest from Fed Chief Executive Powell is much more welcome in the United States than in Europe. "Powell still uses a nice bandwidth of the neutral interest rate.After interest rates rise in December, three more may be added next year, but maybe not at all. It makes a difference that inflation stabilizes, because the pressure on further rate increases has decreased. "

The future of December after a difficult trading year, according to Van de Groep, depends mainly on the meeting between the US and Chinese presidents on Saturday at the G20 summit. "I think there will be an opening for an agreement this weekend – Trump would like to do that because he can not significantly slow down economic growth in the run-up to the 2020 presidential election. 39, he decided to levy import duties on the remaining 267 billion dollars of new Chinese products, the chance of a year-end rebound would be lost. "

Signify is finished with the Dutch main funds with a 2.6% top advantage. Earlier this week, the lighting company was already solicited by the news of the acquisition of the German competitor Osram Light.

Special Chemicals Company of DSM made a profit of 2.3%.

Unibail Rodamco Westfield finished with minus 1.9%. The real estate fund is one of the worst performing funds of this year.

ING lost 1.2%, following the announcement of the attack on Deutsche Bank in a money laundering investigation. The bank also suffered from falling bond yields.

Unilever lost 0.5% less. The shift of the guard to the food company was lukewarm. Topman Paul Polman will hand over to Alan Jope, who has been active in the group for 30 years.

In the Midkap PostNL and Air France KLM successful of 3.6% and 3.5%.

IMCD increased by 1.2%. The distributor of chemicals, on the basis of its market value and freely tradable shares, is likely to be included in the AEX in March

WDP reported 2.2% . The logistics service provider has issued shares worth 45 million euros to finance three new projects.

TomTom decreased by 0.1%. The French tire group Michelin would be an important candidate for the telematics part.

Smallcap NIBC jumped 4.5%. The investment bank made a solid profit in the first nine months of the year and announced an interim dividend of 0.25 euro.

The publication of its quarterly figures

Kardan fell by 8%. Its quarterly report shows that the investor still does not meet the loan conditions of the banks.

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