Animo tech brings AEX close to peak again | Financial

The AEX index ends 1.1% higher at 732.7 points. This brings the record close to 734.89 points from earlier this month. The AMX advances 0.4% to 1042.3 points.

“Sentiment in the stock markets is and remains good,” says asset manager Richard Abma (OHV). “Occasionally, there is some uncertainty about central banks that may step on the brakes earlier. But if that happens gradually and the economy continues to pick up, it need not have negative consequences for the stock markets.”

According to Abma, expectations for the approaching quarterly earnings season are high. “Central banks and countries have raised their growth expectations. You should soon see that reflected in the company figures.”

Investor optimism is supported by positive business confidence data in Germany. The so-called IFO index shows that confidence among entrepreneurs grew last month. They have also become more cheerful about the course of business in the second half of the year.

A setback, however, is that the number of unemployment claims in the US was higher than expected last week at 411,000. 380,000 applications for aid had been expected in advance. A week earlier, 412,000 unemployed Americans knocked on the door of the government for financial support.

Financial markets are also focusing on the Bank of England’s interest rate decision. The British central bank is leaving monetary policy unchanged. Inflation in Great Britain rose to 2.1% in May. But the Bank of England expects monetary depreciation to decline in due course.

Adyen in the lead, Unibail at the bottom

In the AEX, payment service provider Adyen the leader with a plus of 5.7% to well above €2000 supported by takeover news in the sector. Credit card company Visa deposits €1.8 billion for the Swedish Tink.

Also do at the chip funds ASMI (+1,8%), Iron (+ 1.5%) in ASML (+2.1%) good business.

Steel manufacturer ArcelorMittal (+2.7%) is also cheerful.

Unilever (-0.7%) is lagging behind the main funds. Tech investor Prosus is written down 0.6%.

There is a parcel deliverer in the AMX PostNL (+2%) the biggest increase. ABN Amro wins 1.2%. The bank announced an energy loan portfolio with a size of $1.5 billion to the asset managers Oaktree and Sixth Street. The loans are being sold at a discount of approximately €135 million. With this move, ABN Amro is withdrawing from lending to the oil and gas sector in North America. This transaction also improves the bank’s capital ratios.

Galapagos medium-sized funds continued the decline with a loss of 1.1%.

In the small-cap funds, builder Heijmans (+2%) together with housing organization Wonam and housing corporation Mitros, are able to build 250 apartments in the Leidsche Rijn district of Utrecht. The project value for Heijmans is approximately €45 million. The apartments are expected to be completed in the first quarter of 2025.

Would you like to know how the stock market climate will develop in the second half of the year, according to experts? Then follow the free online seminar tonight with stock market experts Koen Bender, Janneke Willemse, Nico Bakker and Jim Tehupuring. Click here to sign up.

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