The Amsterdam AEX index fell into the red again on Thursday due to price losses of meal delivery company Just Eat Takeaway and the chip companies ASMI and Besi. Investors appear to be taking some profits after the recent strong recovery following easing concerns about the economic impact of the Omikron variant.
We are also looking forward to the US inflation figure, which is scheduled for Friday. Inflation plays an important role in the interest rate policy of the Federal Reserve, which is holding its last interest rate meeting of this year next week. Fed Chair Jerome Powell said last week that corona support may have to be phased out more quickly as high inflation proves to be more persistent than previously expected.
The AEX index on Beursplein 5 was 0.3 percent lower at 795.26 points around noon. The MidKap fell 0.6 percent to 1038.35 points. Stock market indicators in Frankfurt and London lost up to 0.2 percent. The CAC40 index in Paris gained 0.1 percent.
Just Eat Takeaway was at the bottom of the AEX with a loss of 3.9 percent. The owner of Thuisbezorgd.nl was the strongest climber among the main funds the day before. The chip companies ASMI and Besi, which recovered considerably earlier this week, followed with minuses of around 2 percent. Beer brewer Heineken led the way with a plus of 1.1 percent.
Wolters Kluwer won 0.6 percent. The information provider has received an offer of EUR 120 million from Karnov Group for its legal information activities in France and Spain.
Stern jumped 22 percent on the local market. The company is in negotiations with Hedin Mobility about the sale of the core activities of the car company. The total value of the transaction is at least 103 million euros. If the deal is successful, Stern wants to pay an extraordinary dividend of up to EUR 14.75 per share. Stern’s shares in insurance company Bovemij are not part of the transaction. For that purpose, the strategic options are examined.
Lucas Bols rose 1.9 percent. The beverage company acquires Tequila Partida from Shansby Trust and Edrington USA. Tequila Partida’s La Familia and Roble Fina tequila brands are primarily sold in the US and Mexico.
The euro was worth $1.1313, against $1.1329 a day earlier. A barrel of US oil cost 0.3 percent less at $ 72.14 and Brent oil fell 0.4 percent in price to 75.49.
Just Eat Takeaway and chip companies push AEX into the red
Source link Just Eat Takeaway and chip companies push AEX into the red