ABN and Shell at the forefront of light recovery AEX | Financial

The AEX index was 0.4% higher at 556.4 points at half past ten. The AMX was heading 0.4% higher at 827.8 points.

After the recovery movement, ING technical analyst Bas Heijink foresees ‘downward room’ for the AEX since the end of September towards the heavy bottom zone of 529-533 points.

Elsewhere in Europe, the UK FTSE was up 1.5%, the DAX was up 0.8% in Frankfurt and investors added 1.2% in Paris.

Investment advisor Rein Schutte of Noesis Capital Management attributes the pluses mainly to better-than-expected macro and company news. “The European purchasing managers index for industry turned out better than expected. And the quarterly figures of large European companies such as Renault and Daimler exceeded expectations. ”

On the other hand, there was a setback from Intel.

Wall Street advanced slightly on Thursday. Investors were slightly more positive about the expected bailout package from the US government following signals from Democratic negotiator Pelosi that the talks are nearing an end.

The first futures to open trading at half past three were up 0.3% higher.

The euro rose 0.2% to $ 1,841, and the British pound also gained ground on signals of agreement with the European Union on a trade deal.

Brent oil remained flat at $ 42.50. Gas became 2.5% more expensive. ABN Amro warns that the rise in gas prices will come to an end, while oil will have limited movement in the coming months.

Goldman stut ABN

Went to the main funds Shell with a profit of 3.6% in the lead.

ABN Amro won 3% backed by a buy recommendation increase from Goldman Sachs. Other financials benefited: ING increased 2.8%, Aegon 2%.

The supplier to the chip sector ASMI in ASML fell 1.3% and 0.8% respectively, in response to a deeply disappointing quarterly report from Intel. Food and detergent company Unilever lost 0.7%. Asset manager Investec lowered its advice to hold on a target price of € 53 in response to the quarterly figures published on Thursday.

Payment processor Adyen climbed 0.4% from buy to hold, despite an advice cut, of Rosenblatt on a target price of € 1,615.

With the medium-sized funds PostNL at the top with 2.1% price gain. Chip supplier Iron broke the trend at ASML and ASMI and rose 0.7.

Signify fell 0.2%. The lighting company did not provide any expectations for its third-quarter results due to the uncertainties caused by the corona crisis.

Air France KLM 1.3% was reset. There is a threat of job losses for nearly 60,000 employees around the airport, De Telegraaf reported.

Retail real estate fund Wereldhave (+ 15.7%) became more positive in the small caps and raised the profit forecast. In the past quarter, 93% of all rent was paid.

Better Bed lost 4%, although sales rose by more than 30% in the third quarter. Moreover, according to the bed seller, the order book has never been so well filled, an increase of 60%.

Even more relevant financially free in your mailbox? Sign up here to the DFT newsletter.

–