AEX Expands Profit with Banks Support; Ahold downsizing | Financial

Around a quarter to four, the AEX index is 0.4% higher at 613 points, a peak since the end of February. The AMX rises 0.7% to 918 points.

The price signs elsewhere in Europe are also still green.

In the afternoon, investors were presented with the American jobs report. The number of new jobs in November, at 245,000 jobs, was considerably lower than anticipated. Unemployment fell as expected to 6.7%. Joost van Leenders, strategist at Van Lanschot Kempen points out that the cooling down in the US job growth will further open the door to a deal on new corona support in the US, where negotiations about this have resumed. “The Democrats can settle for a lower amount of support because Biden will now take the helm and can always provide additional tax incentives later.”

Investors remain captivated by the corona vaccine. Pfizer and German biotechnologist BioNTech have plans for the number of corona vaccines they can deliver this year, according to business newspaper The Wall Street Journal have to adjust considerably. Due to problems with the supply of raw materials, they would be able to make not 100 million but 50 million doses before the end of the year. Pfizer and BioNTech still plan to deliver more than a billion doses of the vaccine to various countries next year. Industry colleague Moderna will deliver before the end of the year 20 million corona vaccines to the US.

Frank Bonsee, trader at ABN Amro, emphasizes that the negotiations between the United Kingdom and the European Union about the Brexit deal are especially important for sentiment. “It is expected to be on or off this weekend. The outcome is important for the direction of the equity markets and whether there is still a year-end rally in the barrel. In addition, we still have to wait next week for the interest rate decision of the European Central Bank. Furthermore, the new stock market year will be exciting for both bulls as bears. ”

Van Leenders also assumes that there will be some progress with the final departure of the United Kingdom from the European Union, which is getting closer and closer. “There may be room for a temporary agreement on matters that have already been agreed and discussions will continue later. In addition, Biden has also put pressure on British Prime Minister Johnson. It’s too important for both parties to let it fail. ”

Van Leenders hodut anticipates that the recovery movement of lagging stocks will continue. “Indicators, such as those on the oil market and other metal markets, are green with the end of the pandemic in sight. Tech stocks will probably get a bit more difficult. ”

In the AEX Royal Dutch Shell on track with a plus of 2.6%. The energy giant is benefiting from improving oil prices in response to the deal with oil cartel OPEC and its allies such as Russia. An agreement has been reached to slightly increase the production of the ‘black gold’ in January. From then on, an extra 500,000 barrels may be pumped up every day. “The OPEC countries will increase oil production more slowly than expected. This is extremely important to the Shell’s and BP’s of this world, ”says wealth strategist Richard Abma (OHV).

Banking group ABN Amro will be worth 1.8% more. ING thickens 1.7%. According to Bonsee, the banking sector mainly plays a role when the ECB definitively gives the green light to allow dividend distribution again.

Leader Unibail can add 4%. Retail property fund has been engaged in a strong recovery from November in view of the expected economic normalization in the roll-out of the corona vaccines.

After a red start Randstad one pause. It is the broadcaster fell victim to hackers. These have penetrated the company’s systems and obtained data on Randstad’s activities in the United States, Poland, Italy and France. An investigation into the full use of the hack is still ongoing.

Just Eat Takeaway yields 0.9%. In front of Adyen investors have 1.1% less left.

DSM is in the rear with a loss of 1.1%. The fine chemicals company is going to sponsor a cycling team. Ahold Delhaize faces a loss of 1.3%.

Chemicaliëndistributeur IMCD (-0.1%) buys the Mexican companies Millikan in Banner Chemistry. Both companies together accounted for sales of $ 15 million in 2019.

Aviation concern goes into the Midkap Air France KLM 2% up. The price has almost doubled from the low point in early November.

Tankopslagconcern Vopak (-1.3%) and parcel deliverer PostNL (-1.6%) are the laggards among the medium-sized funds.

Small cap funds fall Lucas Bols in the taste with a gain of 2%. The beverage manufacturer has completed the purchase of the Passoã brand. The laggard in October has received a strong boost again in anticipation of an expected soon reopening of the catering industry.

Would you like to receive the DFT Newsletter automatically by email every morning from now on? Then you can sign up here for free.

–