Ahold Delhaize helps AEX make small profit | Financial

The AEX closes 0.1% higher at a position of 644.38 points. With recent profit days, the main barometer is 3.2% higher this year. The Midkap index closes at 0.6% profit stabbing at 973.72 points. This year the AMX wins 4.2%.

Paris keeps a profit of 0.2%, Frankfurt is up 0.1%, London is slightly losing ground. The European Commission has given British stock exchange company London Stock Exchange (LSE) permission to acquire data supplier Refinitiv.

The Japanese stock index Nikkei reached its highest closing position since 1990. In dollar terms, the stock market has never been so high after a 1% gain.

The Dow Jones index and S&P-500 in New York are flat. Nasdaq tech index is 0.6% higher. Chipmaker Intel is up 8% here after the appointment of the new CEO Pat Gelsinger. Zoom and Peloton win 6.5%.

Frank Bonsee, trader at ABN Amro, states that investors are keeping an eye on the kick-off of the quarterly earnings season in the US today, with the major US banks giving openness on Friday. Except for Morgan Stanley, they were bought on Wall Street on Tuesday evening to a 2% profit. Bonsee points to the interest rate development as the cause.

Coronaverspreiding

Investors are also keeping an eye on the developments surrounding the spread of the highly contagious British variant of the corona virus. In the Netherlands, the lockdown was extended by three weeks until February 9, as expected.

“Extension of lockdowns means a postponement of economic growth,” said ING mart analyst Simon Wiersma.

“The spread of the virus, in the UK but also in Germany, has become a greater risk. The trough from which we as an economy are climbing has turned out to be deeper than expected in recent weeks, ”concludes strategist Corné van Zeijl of Actiam Asset Management.

Added to this is the unrest in Italy, where a recovery plan by Prime Minister Giuseppe Conte leads to a political crisis. The spreads between the compensation for Italian bonds and the German bund considered safe are widening.

Van Zeijl: “Despite setbacks, the enthusiasm among investors is so tremendous in the market. The most traded stock on the NYSE index is NIO (young electric car manufacturer, ed.). Those kinds of signals say that the madness on the stock markets has struck after all. ”

Brent oil fell 1 percent, WTI oil 0.7%. According to energy agency EIA, oil supplies decreased. Gold won a fraction at $ 1,858.

The euro fell 0.4% to $ 1.2159. The euro fell to $ 1.21 in the first weeks of 2021, from well above $ 1.23. But in this market, the euro continues to rise, at the expense of the dollar, said Ima Sammani, currency analyst at Monex Europe.

Downer Takeaway

Dive into the AEX Just Eat Takeaway 4.1%. The meal delivery company saw the number of orders rise sharply to 179.8 million last quarter as a result of the tightened lockdowns. More was expected for the operating result from analysts from Degroof Petercam and ING.

Biotechfonds Galapagos has to give up 1.3% after the rebound on Tuesday.

Banks are under further pressure with losses of 1.8% and 2.2% respectively ING – the most traded share with 20 million units – and ABN. Real estate fund Unibail-Rodamco-Westfield loses 2.6%.

ASMI, that Paul Verhagen from Midkapper Fugro (-4%) if CFO receives, plus 0.5%. According to ING, the departure of Verhagen is a loss.

AEX heavyweight ASML pushed the market upward with 0.8% price gain. Investment bank UBS screwed up the price target for upwards, from € 395 to € 430, with currently a ‘neutral’ advice. Last week UBS already gave its advice due to the increase in the number of planned EUV systems, with which chips are built up in layers in extreme ultraviolet light.

Shell lost 0.8%. Bernstein sees that the group will profit from the rising prices in the near future. The oil and gas concern will cut 900 jobs in the Netherlands as part of the previously announced major reorganization.

Ahold Delhaize gets 1.9%. According to Bloomberg news agency, Canadian retailer Couche-Tard (-9.1%), owner of the Circle K chain, is considering acquiring French supermarket group Carrefour (+ 13.5%).

Telecom concern KPN 0.4% remains. Sector colleague Telefónica sells its network component Telxius to American Tower for € 7.7 billion.

Close to medium-sized funds Signify with a 4.7% gain at the closing bell. Degroof Petercam increased his advice for the lighting company by € 4 with a keep advice. The company will pay off debts and also pay an extra dividend, now that it is clear that the contraction in 2020 was slightly less than feared.

PostNL closes 0.5% higher after a target increase of ING.

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