BAM is set for a sunny fair | Financial

At around 10:05 am the AEX index was 0.6% higher at 605.3 points. The stock market gauge reached this morning at a level of 607.3 points, the highest point since the corona crash in March. The AMX rose 1.3% to 890.4 points. The price signs in London (+ 0.5%), Paris (+ 1%) and Frankfurt (+ 1.1%) also turned green.

Elsewhere, the stock markets were also in a cheerful mood. The fair in Shanghai closed 1.1% higher this morning. The financial markets in Tokyo were closed due to a holiday. The American stock markets are expected to open 0.3% to 0.7% in the plus after this afternoon a 0.4% to 0.8% lower end on Friday. By the way, because of Thanksgiving, Wall Street is closed on Thursday and there is half a trading day in New York on Friday.

Investors are excited today thanks to the message that Great Britain possibly approval this week will grant the vaccine that pharmaceutical companies Pfizer and BioNTech have developed. That would be faster than the United States, where the date of December 10 is mentioned as the day on which the admission decision is made. In addition to the UK and the US, Spain and Germany also hope to start approving and administering the first corona vaccines in December.

Following on from Pfizer and Moderna, AstraZeneca also announced that it has an effective corona vaccine. The Netherlands has already ordered millions of doses of this vaccine.

On the Brexit front, the British minister Rishi Sunak (Finance) said be optimistic that a trade agreement will be reached between the United Kingdom and the European Union. EU Commission President Ursula von der Leyen said on Friday that much progress has been made in the Brexit talks. British Prime Minister Boris Johnson is talking to von der Leyen this week about a possible deal.

Steel manufacturer was in the AEX ArcelorMittal the leader with a plus of 3.8%. Retail property fund Unibail was traded 3.4% higher on the news that corona vaccines will be available soon. Banking group ABN Amro (+ 3.2%) was also in the higher regions of the AEX.

Stock market heavyweight Prosus won 1.5% after the publication of figures. The tech investor cleared profits for the past six months a lot to screw up. In doing so, the company benefited, among other things, from its meal delivery activities due to the corona crisis and the major interest in the Chinese internet group Tencent.

Royal Dutch Shell, also a heavyweight in the AEX, was worth 2.9% more. The oil giant benefited from the higher price of the ‘black gold’.

KPN (-1.1%) was the biggest drop among the main funds. The telecom concern will publish an update of the strategy on Tuesday. KPN will almost certainly announce that another hundreds of thousands of houses in the Netherlands connected to its fiber optic network.

In the AMX the course shot from BAM 11% up. The builder and pension provider PGGM are expanding their cooperation in the field of public-private projects. For BAM, the deal will lead to an increase in shareholders’ equity of approximately € 125 million, including a revaluation of BAM’s equity interest held to market value. PGGM wants to take a 50% interest in BAM PPP, which is active in Europe in the development and management of PPP concessions. The agreement involves an amount of approximately € 130 million.

Soil researcher Fugro (+ 4.5%) was also popular with medium-sized funds. Aviation concern Air France KLM went up 4.1%.

Pharming fell 0.8%. Juergen Ernst is stepping down for personal reasons after more than eleven years as vice-chairman of the supervisory board of the biotechnology company. Commissioner Debora Jorn will succeed Ernst.

It’s noted locally Fastned (+ 14.8%) is about to build its first nine fast charging stations along the French motorways. The company won the tender from the French motorway and toll road operator APPR for the development and operation of the charging stations. Fastned currently has 129 fast charging stations in the Netherlands, Germany, the United Kingdom and Belgium.

Retail Estates (-1.2%) said in a trade report that hundreds of tenants of the Belgian real estate company had to close their doors due to a new lockdown. Of the 750 properties in Belgium, 443 properties were affected. In the Netherlands, the company also rents to a number of catering establishments that were forced to close.

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