Around 4.10 pm the AEX index was 0.2% higher at 573.7 points. The AMX advanced 0.4% to 851.2 points. The price signs in London (-0.3%), Paris (+ 0.1%) and Frankfurt (+ 0.2%) showed a mixed picture.
“We are rocking up and down a bit today. No crazy things happen at the stock markets. Investors are awaiting the corona vaccine and the American elections ”, emphasized investment strategist Richard Abma (OHV Asset Management).
“With the new corona wave, investors have started to prefer companies that hardly suffer or even profit from it. Today Just Eat Takeaway is a good example of the latter, ”said wealth strategist Simon Wiersma (ING). “This is a trend that we will see more often in the coming days and weeks.”
Of American stock exchanges opened this afternoon more than 0.4% in green. On Wall Street, the major banks today and yesterday released quarterly results. “Goldman Sachs and JPMorgan in particular showed good figures,” said OHV strategist Abma. Both banks posted higher profits thanks to their trading activities. “But the reservations they made for bad loans were not too bad,” said Abma.
Just Eat Takeaway in trek
In the AEX was Just Eat Takeaway the leader with a price jump of 5.5%. It meals delivery company benefited from the corona pandemic as more people had food delivered to their homes. The parent company behind Thuisbezorgd.nl, among others, saw the number of orders increase by almost half in the third quarter.
Steelmaker ArcelorMittal was allowed to add 2.4%. Banking group ABN Amro (+ 2.4%) in techinvesteerder Prosus (+ 1.8%) were also happy.
Adyen was the biggest loser among the main funds with a minus of 1.4%. Heineken fell 1.3%. The stricter measures due to the second corona wave put the brewer’s course under pressure. Biotechnology concern Galapagos yielded 1.2%.
ASML set 0.2% higher by investors. The chip machine manufacturer managed to boost sales and profit in the third quarter. “ASML’s figures did not look wrong. But the price had already risen considerably recently, ”noted ING strategist Wiersma. Industry colleague ASMI climbed 1%.
Sprinted in the AMX Basic-Fit 3.7% ahead because of the relief that the tightened corona restrictions are less severe for the gyms than feared. Trading house Flow Traders traded 2.7% higher.
Eurocommercial was the biggest descender in the AMX. The real estate fund fell 2.3%.
Smallcapfonds TomTom fell 2.4% after an initial price jump of more than 8%. The navigation producer remained optimistic despite the impact of the corona crisis. The navigation service provider suffered a loss of € 67 million last quarter. Sales amounted to € 148 million, a fifth more than the previous quarter.
There was a ski hall operator at the local market SnowWorld (+ 7.8%) on the rise. Tie Kinetix won 6.1%. The software company achieved a profit of almost € 6.5 million in the past financial year.
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