TomTom and oil are popular on the stock market



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The Amsterdam stock market rose slightly on Monday. The other European stock markets presented a contrasting picture. At Damrak, TomTom was in the limelight thanks to speculation of acquisition. Oil producers were also in demand because of the recovery in oil prices.

The AEX index on the Beursplein 5 recorded 0.3% in morning trading at 530.97 points. The Midcap fell 0.4% to 736.16 points. The stock market investigators from Frankfurt and Paris lost up to 0.5%. London rose by 0.3%

TomTom Thickness by 1.8% in the MidCap. The navigation service provider would have received unsolicited bids from at least three investment companies. CVC Capital Partners, Cinven and Silver Lake have made an offer. TomTom declined to comment

The main funds concerned the oil and gas company Shell with an increase of 1.7%. Oil prices rose after the oil cartel, OPEC, announced the reduction in global oil production. The barrel of US oil rose 1.5% to 61.11 dollars. Brent was 2.1% more expensive and cost $ 71.67 per barrel.

Accell had lost more than 2%. The Vereniging van Effectenbezitters (Association of Securities Holders) asked the bicycle manufacturer for clarification on the different versions of the annual accounts that the company put into circulation. Euronext gained 0.2%. The Stock Exchange Operator Increased Sales and Profits in the Last Quarter

In London, tobacco maker BAT plunged more than 9% after the announcement of a possible ban on menthol cigarettes in the US United. Competitive brands Imperial Brands fell by more than 3%. Infineon gained 0.3% in Frankfurt. The German chip group achieved for the first time a turnover of more than 2 billion euros during the quarter under review.

SAP lost 3.7%. The German software maker buys from the American company Qualtrics for about 7.1 billion euros. The company develops software for satisfaction surveys and competes with SurveyMonkey, which was listed in September.

The euro was worth 1 1246 USD, against 1 1327 USD on Friday.

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