The commercial quarrel between China and the United States is the impression of fairs in red NOW



[ad_1]

The AEX index of Amsterdam closed in negative 1.3% at 553.25 points. The Midcap fell 0.6 percent to 769.37 points. The London, Paris and Frankfurt stock markets lost up to 1.5%. On Wall Street and in Asia, the indicators also took a step back.

The US government has published a list of Chinese products for which it wants to raise import duties by 10%. In total, it is about 200 billion dollars worth of goods. The list includes clothes, cigarettes, refrigerators and food. A public consultation procedure will run until August 30th. The levy can then enter into force.

The main index of Damrak was almost entirely red in color. Only Heineken, the Gemalto digital security agent and the information providers RELX and Wolters Kluwer have noted small benefits

Staalconcern

Shares of companies that should suffer the most from a commercial war have been sold. The ArcelorMittal steel industry was down with a loss of 3.7%. In the Midkap, the stainless steel manufacturer Aperam closed the line with a decline of 3.1%.

Sif Holdings grew by more than 2% for small businesses. The foundation specialist wants to appoint Fred van Beers as the new chairman of the board of directors. Sif also received an order for a Danish gas field. Bedeller Bedeter Beter 7 percent after a recommendation by ABN AMRO

Mining Companies

Elsewhere in Europe were also metal-related funds that had to pay a lot of money. For example, the Anglo American and Glencore mining companies in London fell to almost 5%. In Frankfurt, Steinhoff has risen about 32%. The commercial conglomerate, in financial difficulty, began with the creditors a process of final restructuring of the debt. This agreement must protect the company against a possible fall.

The euro was worth $ 1.1719, compared with $ 1.1732 a day earlier. A barrel of US oil has become 2.2% cheaper at $ 72.51 after new figures on oil stocks in the United States. The price of Brent oil fell 3% to 76.53 dollars a barrel.

[ad_2]
Source link