ASML down in sharply lower AEX | Financial

At around 9:45 AM, the AEX index was 4.4% lower at 413.1 points. The stock market indicator hit the lowest point of this year last week at a score of 389.60 points. The AMX fell 4.4% this morning to 571.4 points. The price boards in London (-4.7%), Paris (-4.3%) and Frankfurt (-4.5%) also turned deep red.

The US stock markets are expected to open nearly 4% lower this afternoon. The stock exchanges in New York also closed 3.8% to 4.6% in the red on Friday evening. In the United States, Democrats and Republicans in the Senate have yet to agree on a $ 1,000 billion emergency package to fight the corona crisis. The absence of an American agreement already caused significant losses on most Asian stock exchanges.

In Europe, the current epicenter of the pandemic, the death toll and the number of new cases of infection have risen sharply last weekend. In the meantime, the European Commission has quickly agreed to French and German measures to stimulate the economy. Brussels authorized state aid for companies that are in trouble due to the corona crisis. Aviation concern Air France-KLM and aircraft manufacturer Airbus are at the front of the queue with the French government to receive special emergency credits.

In the AEX ASML (-8.3%) the biggest loser. The chip machine manufacturer is suffering from the negative mood in the tech sector. ASML is also located in Noord-Brabant, which was severely affected by the corona virus. Steel manufacturer ArcelorMittal 7.7% plummeted.

Unibail fell 7.5%. The property fund was also out of favor with investors last week due to the temporary closure of its shopping centers due to the corona virus.

Randstad 6.7% was written down. The broadcaster disappointed investors by scrapping the dividend.

Royal Dutch Shell (-3.8%) announced a significant decrease in its investments this year. The operating costs of the oil and gas giant go down and the next tranche of a share buyback program is canceled.

AEX debutant ASMI (-5.7%) announced that Benjamin Loh will be the new CEO. He is the successor to Chuck del Prado.

Meal delivery company Just Eat Takeaway (-5.5%) returns today in the AEX. CEO Jitse Groen said on Sunday that 2000 Dutch restaurants want to deliver meals via the Just Eat Takeaway website.

Ahold Delhaize was the only increase in the AEX with a plus of 2.7%. The supermarket group knows how to absorb the peak crowds in its stores because of the corona virus.

ASMI and Just Eat Takeaway are also taking the positions of industrial supplier in the AEX Aalberts (-7.4%) and tank storage group Vopak (-2.6%). Aalberts and Vopak are included in the AMX from today.

Basic-Fit (-11.3%) was the largest fall in medium-sized funds. Investors think that the gym chain is hit hard by the corona virus.

Flow Traders (+ 3.8%) was a positive exception in the AMX. The trading house benefits from the volatile stock market trading.

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