Adyen leader in cautious AEX | Financial

At around 9.35 am the AEX index was 0.2% higher at 560.7 points. The AMX fell 0.03% to 741.3 points. The stock exchanges in London (+ 0.1%), Paris (+ 0.1%) and Frankfurt (+ 0.4%) also started calmly.

The number of people worldwide who have died from the coronavirus now exceeds half a million. The U.S. has the most recorded infections and deaths. The aggressive revival of the lung virus in states such as Texas and Florida forced local administrations to brake on the gradual opening of the economy.

Wall Street is expected to open flat to slightly higher this afternoon. The stock exchanges in New York are closed on Friday in honor of American Independence Day. The Japanese Nikkei index closed 2.3% lower this morning.

In the AEX Adyen (+ 2.5%) the leader. Investment bank Morgan Stanley raised its price target for the payment service provider from € 1,200 to € 1,485 with unchanged ‘overweight’ advice.

Aegon was worth 1.8% more. The financial values ​​were also included ABN Amro (+ 1.8%) in ING (+ 1%) positive.

Steel manufacturer ArcelorMittal headed 2.2% in green. According to daily newspaper Le Figaro, six parties have reported for the takeover of the French steel factory in Hayange, including ArcelorMittal. British Steel, Liberty Steel, Greybull, Saarstahl and Jindal would also prey on it. Real estate fund Unibail plus 1.7%.

Food and detergent group Unilever (-2.4%) was the biggest loser among the main funds. In the food corner were also Ahold Delhaize (-0.6%) in Heineken (-0.8%) at a loss.

An industrial supplier operated in the AMX Aalberts (+ 2.4%) the winners. ING raised its target price for the Aalberts share from € 27.50 to € 35 with unchanged buying advice.

Trading house Flow Traders (-2.1%) and real estate fund WDP (-2.1%) were at the bottom of medium-sized funds.

Altice Europe was worth 1.1% less. Asset manager ODDO BHF lowered the investment advice for the cable and telecom provider from ‘buying’ to ‘neutral’ at a price target of € 3.90.

SBM Offshore (-0.3%) announced that they are starting an Australian liquefied natural gas (LNG) project. The maritime service provider signed an agreement for this with Transborders Energy. Financial details were not provided.

Smallcapfonds Vastned rose 1.1%. Major shareholder Aat van Herk wants both the full management and the supervisory board of the retail property fund to leave. The investor feels “not taken seriously” and believes that too much money is lost at the company. Van Herk owns almost 25% of Vastned.

Several shareholders of the empty exchange case Lavide (-0.9%) have little confidence in CEO Salar Azimi. That became clear during Het shareholders’ meeting last week, according to Het Financieele Dagblad. The company’s commissioners talk to Azimi.

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