Stock Exchange Update: Final Sprint Reduces AEX in Financial Fall

In a final sprint, the AEX index managed to limit the loss to 1.17% at 507.52, after falling to 500.45 points at the end of the day, the lowest level since March 2017. The main level meter shifted 3.4% on a weekly basis. The Midkap index finally dropped 0.7% to 705.77 points.

Elsewhere in Europe, stock markets have also found themselves in less stringent conditions. Paris lost 1.3%, while Frankfurt lost 0.9%.

In Damrak, a wave of sales began after the start of trading, following the disappointment of the results of US giants Amazon and Google on Thursday. then gave access to the books. Near the end, bargain hunters ensured that the AEX partially eliminated the discomfort. "Investors are worried if the company's numbers are good enough to support stock markets," said investment strategist Simon Wiersma (ING). He assumes that the volatility of the stock markets will hold for the moment.

A higher than expected US growth figure in the third quarter, hardly supported trade. Rein Schutte, investment advisor at Boer & Olij, emphasizes that investors are focusing on the economic situation of the current quarter. He points out that, according to the upcoming figures on American consumer confidence, it will be specified in more detail to what extent the desire to buy in the United States is maintained. "The stalled growth in China and Europe will also be noticeable in America." Wall Street took a big step back in the beginning after the strong rally in US stock markets the day before.

After the sharp drop in prices this week "We do not think that the end of the bull market is already in sight, but attention will be focused more and more on the mid-term elections in America the week The meeting between Trump and Chinese President Xi is important for sentiment, and in the short term we look forward to Apple's results, but we will also be closely following the quarterly Shell and ING figures, as well as the report on US employment, and in particular the report.The wage developments in this country next Friday is of great interest. "

With the main funds, ArcelorMittal had a hard time with a tick at 3.5%. The steel giant won the battle for its failed Indian counterpart, Essar Steel. A creditors' committee is in favor of the Arcelor acquisition proposal.

Heavyweight Royal Dutch Shell lost 0.4% less after a much larger loss recorded earlier in the day. Specialty Chemical Group DSM was sold at 1.7% by investors. KPN was to give 3.1%.

Signify was the dog bitten after an enthusiastic start of the trade. The share fell 9.7%. The results of the former Philips Lighting had been initially welcomed, but the project was presented after the limited explanation of the prospects. According to Schutte, the results of Signify did not disappoint, but it seems that the shortshellers have quickly regained their place in the part that has not worked well this year.

Unibail-Rodamco-Westfield was looking down 1.5%. The real estate giant saw the rental income of its four Dutch shopping centers rise again after years of decline, but warned retailers to see the glass less full. In addition, it seems to be worse elsewhere in Europe.

Randstad was one of the few winners. The broadcaster rate increased by 1.2%. ASR increased by 0.9%. Gemalto changes hands, up 0.1%. Digital security recorded a 72% lower sales figure at 727 million euros during the last quarter. Gemalto is about to be taken over by Thales.

In the Midkap Fugro gained 3.8% after a considerable loss. At the beginning of the trade, the share was always on the rise. The soil scientist could significantly increase the quarterly business figure.

The payment service provider Adyen declined by no less than 6.3%. Aperam was also on the back with a relapse of 3.6%. TomTom had the leading position with a price jump of 5.8%, supported by information on takeovers in the shipping market. The French car manufacturer Faurencia wants to buy the Japanese specialist in navigation Clarion.

The AScX index indicates that the result Heijmans slipped 3.7%. Wessanen on the other hand, kept the feet dry with an extra 2.6%.

Beter Bed noted locally, climbed 9%. The Bed Vendor Announced ] Would you like to cut 25 million euros. The intervention implies in particular that no dividends will be distributed to shareholders this year and next year.