AEX is flat on virus concerns, GrandVision shines | Financial

The AEX close to 733.85 points. The main index has reached the record close of 734.89 points. On Tuesday, the index reached an intraday record of 736.33 points. The AMX is 0.4% higher at 1048.1 points.

Elsewhere in Europe, the British FTSE 100, German DAX and French CAC 40 are trading fractionally in the red.

In Asia the Nikkei lost ground. China’s industry is cooling down. The index for its industry fell from 51.0 points in May to 50.9 in June. According to analysts, that was better than the expectation of 50.7 points. China has now experienced three months in a row of slowing growth.

Stocks in New York are set to open slightly higher at 3:30 PM, according to futures. Tuesday won the Dow Jones a fraction. Investors look forward to ADP’s jobs report for the US economy. Micron Technology quarterly results to be released after market hours.

Capital market returns are rising, the yield for a 10-year US Treasury bond is higher at 1.479%. The German bund gains ground to -0.167%. German inflation growth slowed to 2.3% last month, from 2.5% in May, still above the European Central Bank’s target.

Inflation pressure for the Netherlands is reported by Statistics Netherlands. The prices that Dutch industrial companies charge for their products rose by almost 13% in May compared to the previous year. The Dutch retail sector is also strengthening, according to the CBS.

The euro is a fraction higher at $1.1901. Brent oil has become 0.4% more expensive at $75.05 a barrel.

Gold is down 0.5% to $1758 per troy ounce (31.1 grams). The precious metal has not had such a bad month since 2016. Silver remains close to $25.80.

At the main funds is payment processorfondsen Adyen 1.4% higher. Chemical and paint company AkzoNobel drops 0.9%.

Chip supplier Iron at techinvesteringsfonds Prosus rise behind it by around 0.8%.

Retail investment fund is trading in red here Unibail-Rodamco-Westfield with a 1.6% decline. ING loses 1.4%, Aegon drops 0.9% and ArcelorMittal slim 1.1% off.

Deal GrandVision

GrandVision moves 14% higher in the Midcap funds. After much legal haggling, the parent company of the optical chain Pearle is nevertheless taken over by the French-Italian eyewear group EssilorLuxottica. on the news that EssilorLuxottica agreed to the price they had agreed before the corona crisis in the bid for the optical chain.

“After considering all options, we have decided to proceed with an immediate closing of the deal,” chief executive Francesco Milleri said after trading on Tuesday.

Shareholders of EssilorLuxottica voted Tuesday to sell the 76.72% stake of THING in GrandVision at €28.42 per share.

Boskalis on Corbion distance tracking with 0.7% price gain.

Air France KLM drops 2.9% on concerns about travel restrictions in multiple countries. PostNL shrinks 1.7%.

Vivoryon Therapeutics wins another 2.4%. The biotech company rose 10.8% on Tuesday after a licensing deal with Simcere Pharmaceutical Group came closer, allowing it to extend its current cash position for three more quarters.

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