AEX on profit of 15% in November | Financial

The AEX was 0.5% higher at 614.5 points at five to eleven, bringing the profit in November to a very nice 15%. The AMX dropped 0.1% to 913.6 points.

Most other European stock exchanges also took it easy on the last day of the peak month. The UK FTSE 100 and German DAX climbed 0.4% and 0.2% respectively. The French CAC 40 lost 0.3%.

Index futures pointed to a flat to 0.5% lower opening of the US stock markets, following gains of 0.1% to 0.9% on Friday.

In Asia, most stock markets lost ground this morning. The Japanese Nikkei index closed 0.8% lower.

A broadcaster went to the Dutch main funds Randstad with a profit of 5% in the lead, helped by a buying advice from ING.

Unilever climbed 3.1%, thanks in part to a positive report from the British bank Barclays. Investors seem happy that the food and detergent maker has become a wholly British company on paper. In a podcast, DFT reporter Edwin van der Schoot explains that Unilever will eventually be due to the new construction can become prey for parties who may want to buy the food giant.

Aegon rose 2.8%, in response to the sale of its Central and Eastern European branch for a higher than expected € 830 million. KBC saw this as a reason to increase its recommendation to buy.

ABN Amro was at the bottom with a loss of 5.7%. The bank will invest 15% of the cut jobs to save some € 700 million in costs, but nevertheless lowered its return target. The dividend outlook outlined in the strategy update was also disappointing to investors.

Royal Dutch Shell fell 2.1%. On the eve of OPEC’s two-day meeting, oil-producing countries have failed to agree on the proposal to postpone the production increase planned for January. In response to this, oil prices fell by 1-2%.

Midkapper Fugro lost 4%. The soil researcher hopes to receive support from his shareholders for the envisaged substantial share issue during the meeting this afternoon.

SBM Offshore fell 2.9%. The Swiss justice is going to investigate the corrupt payments between 2005 and 2012, although the maritime service provider previously arranged this with the Netherlands, the United States and Brazil.

Altice Europe fell 0.5% to € 4.48. The full takeover of the cable and telecom company by major shareholder and CEO Patrick Drahi will almost certainly result in a legal fight. An American hedge fund would like to drag the Altice board before the Enterprise Chamber because of dissatisfaction with the takeover bid of € 4.11 per share.

Pharming won 7.1%. Last week, the biotechnology company was already in demand, following the application for a listing on the US Nasdaq. However, the intention for this had already been announced a month earlier.

The supplier to the chip sector Iron took 1.9%.

The wood-processing company included in the AScX index Accsys climbed 2.1% after the release of its quarterly results.

DPA rose 6.7% on the local market. The secondment company announced that it would pay out 8 cents per share in dividend in December, due to the reduced uncertainties and the strong balance sheet.

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