Festive AEX continues record streak | Financial issues

The AEX index closed up 0.4% at 783.15 points. The stock index peaked in the morning at 785.61 points and thus reached the magic limit of 800 points. On Monday, AEX also arrived at A register. The AMX index rose 0.2% to 1097.63 points. Price boards in London (+0.2%), Paris (-0.2%) and Frankfurt (+0.4%) showed a mixed picture.

US stocks started slightly higher this afternoon after Positives From 0.6% to 1.6% on Monday. Major stock markets in Asia Gained ground again this morning. The Nikkei in Tokyo closed 0.9% higher.

Continuing the positive climate for the stock market

Simon Wiersma, investment analyst at ING, sees several reasons for the stock market’s continuing positive climate. Recent economic data indicates that the delta variant of the coronavirus does not lead to a significant slowdown in growth. Additionally, the companies’ quarterly numbers were better than expected. The recovery of China’s stock markets also provides support.”

Warsma is not worried about the fact that the US bond-buying program is about to be phased out. It will be lower, but it will not lead to a monetary tightening. We believe that interest rates will rise. But this will not be strongly felt in the stock market unless there is a large and rapid movement in interest rates. I think at the Jackson Hole meeting this weekend, the Fed hinted again that a further recovery in the economy and the labor market would be reason to move toward the end of this year. taper. “

In AEX Gold Positives Led by a gain of 3.8%. The investor benefited from strong gains this morning by Chinese technology giant Tencent, its largest holding, after an enthusiastic analyst report from US bank Citi. steel manufacturer Arcelor Metal (+2.7%) and payment service provider I am convicted (+2.3%) was also required.

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However, defensive stocks lagged behind. food giant Unilever and communication group KPN It decreased by 0.9%.

Among the medium-sized companies was the Aviation Group Air France KLM (+5.6%) at the top. Boskalis 1.2% profit. The marine service provider reported in a semi-annual report that order book It has reached a record high, thanks in part to major projects in flood protection and infrastructure.

Trustkantoor Intertrust (-1.8%) is an industrial service provider Alberts (-1.8%) were the biggest losers in AMX. PostNL It fell 1.3%. Judgment by the Trade and Industry Court of Appeal in appeal About integrating with Sandd could take a long time. After Monday, the judges were unable to determine the exact date for their verdict.

Smallcapfonds CM.com It jumped 4.3%. The mobile payment and communications platform has acquired a minority stake in a British fintech company.

In the domestic market rose It is not porcelain 1.6%. Despite a sharp decline in sales over the course of half a year, the Delftware manufacturer reported a positive turnaround in the outcome.

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