Good business at Just Eat Takeaway; farewell banks | Financial

The AEX index is 0.1% higher at 720.59 points around a quarter to ten. The Midkap index is down 0.1% on 1068 points.

Frankfurt and London lost 0.4 and 0.5%. Paris remained virtually flat.

Wall Street remained mostly close to home last night. Investors are looking forward to the important inflation figure from the US that will be released on Thursday. After the average price increase of more than 4% in the US in April, another strong increase is expected for May. This increases the chance that the US central bank will start cautiously with phasing out the stimulus policy.

Rein Schutte, investment advisor at Noesis Capital Management, emphasizes that the inflation rate from the US is the most important. He points out that interest rates in the US are currently falling again, possibly as a result of the disappointing US job growth in the past month. “It remains exciting to see whether the rise in inflation is temporary or not. It will also depend on whether wage inflation is on the way.”

In the ECB decision on Thursday, the wording of the message by President Christine Lagarde is most important, says Schutte. “For now, the Federal Reserve is more likely to act first with a tightening of monetary policy than the ECB.”

Major stock markets in Asia fell mostly slightly on Wednesday after a stronger-than-expected rise in Chinese producer prices in May.

Investors are also keeping their eyes on the US President Joe Biden’s visit to Europe. According to Bloomberg news agency, the European Union and the US president are expected to meet at a summit in Brussels next week with a pledge to quickly resolve their lingering trade disputes. Trade tariffs related to a dispute over steel and aluminum could then be abolished before the end of the year.

The price of crude oil continues unabated. The WTI price climbed back above $70 a barrel for the first time since 2018, up 0.3%.

Unibail frontrunner

In the AEX, J . continuesust Eat Takeaway the way up with a plus of 3.2%. On Thursday, the shareholders of the American industry peer Grubhub will vote on the intended takeover by the meal delivery company.

KPN is also in the vanguard and gains 2.5%. With this, the telecom group is showing recovery after the blow of the day before due to the disappearance of the takeover fantasy. According to Schutte, companies that are of great importance to the Netherlands, such as network management, should not fall into foreign hands.

Unibail-Rodamco Westfield . It is firmly in the lead with a sprint up 5.6%. Earlier this week, the real estate stock was already on the rise.

On the other hand, financial values ​​are less so. NN drops 1.8%. ING has to relinquish 1.6%. Industry partner ABN Amro loses 1% among the medium-sized funds.

hairdresser Pharming thickens 0.1%. The biotechnology company will fall back to the AScX index as of June 21.

Air France KLM can count on good buyer interest. The airline group shows a profit of 4%. Galapgos is also among the bigger winners. The biotech fund sees the price increase by 3.4%.

InPost is 1% higher on the local market. The Polish provider of parcel lockers, which went public on the Amsterdam stock exchange in January, has been promoted to the Midkap index.

Better Bed excels with a price jump of 6.6%.

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