Stock Market Update: Signify and SBM Festival; Dirty taste Best Financial Bed

The AEX 's maintained around a 0.5% gain to 576.33 points around an hour, a tighter year' s rise to its peak. highest level since mid 2001. The AMX then stood at 1.1% plus 785.18 points.

Trade fairs elsewhere in Europe were also on the rise. Paris and Frankfurt gained 0.3%, London 0.4%

According to Frank Bonsee, a trader at ABN Amro, the stock markets are still well supported by strong operating results and the prosperous economic development.

He also points out that the turmoil over the trade dispute between America and China has passed to the background. "Although Trump can always surprise him with his unpredictability."

This afternoon, we look forward to the first estimate of the growth of the US economy in the second quarter. Bonsee points out that the US economy is doing well. "In the market, more than 4.2% is taken into account."

Following the ECB's decision to keep interest rates at historically low levels, certainly until the summer of 2019, the euro remained stable against the dollar at $ 1.16. Bitcoin got a hit and fell below $ 8,000: the US regulator denied permission for a crypto investment fund

Lighting Surprise

Signify, the former Philips Lighting climbed 7% despite a sales warning. The Dutch lighting company, however, is less affected than competitors Osram and Zumtobel, say analysts Degroof Petercam. Signify doubles its share buyback program to 300 million euros again. Arcelor Mittal was also in first line with a more than 2.2%

Financials could also count on the interest of buyers. ING ABN Amro and NN Group ranged from 1% to 1.3%.

Shell – BP the largest ($ 10.5 billion) acquisition in ten years of all onshore oil and gas activities of BHP Billiton's competitors for access to these Permian stocks in the United States. After printing on the results the day before the share soared 0.8%.

The telecommunications company Altice (+ 3.2%) would still sell the telecommast, this time to the US investor Blackstone. Morgan Stanley has again followed Altice and described the French company this morning as "a large telecommunications company with a small market value".

The digital data provider RELX (-1.7%) was sold at the bottom.

In the Midkap, the main role was reserved for SBM Offshore with a price jump of 9.7%. The report of the oil services provider in his drama Brazilian, investors sounded like music to the ear. ING now sees a change of "180 degrees". The group, which had previously reached an agreement with the courts following complaints about unfair commercial practices, got $ 299 million with the Brazilian oil company Petrobras and the Brazilian government. This amount corresponds roughly to the reserve held by SBM Offshore.

The meal deliveryman Takeaway also came together and earned 5%. An ING buying board, which started following the fund behind Thuisbezorgd.nl, sparked considerable enthusiasm. It can strengthen its leadership position, according to analysts.

FlowTraders was undervalued by investors with a loss of 10.6% as a result. The market maker published worse results in the second quarter, compared to the beginning of the year. Its highly negotiated net trading fell more than expected. The dividend was higher than the market consensus. But a record year is on the horizon, reports FlowTraders. ING analysts attribute the decline very specifically to lower volatility, while the earnings model remains strong in the long run.

KBC Securities lifted its council for natural food business Wessanen (+ 4.4%) last week the sale went from detention to purchase

Smallcap Beter Bed has steadily decreased by 7.9%. The bed salesman could not get rid of his German nightmare with toxic substances in the mattresses the previous quarter. The results were a shock for the investment bank NIBC, ING joined the pessimism and KBC lowered the price target. Hugo van den Ochtend wants to appoint Hugo van den Ochtend as new CFO from 1 September. [19190000] The Dutch machinery plant (+ 4.2%) increased its half-year profit by 82% and saw its half-year business figure. with a tenth increase.

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