DSM accelerates on awaiting AEX | Financial

Around 12 noon the AEX index is trading 0.1% higher at 712.6 points. The AMX drops 0.04% to 1056.8 points. The stock exchanges in London (+ 0.04%), Paris (+ 0.2%) and Frankfurt (-0.01%) also remain close to Tuesday’s closing positions.

“There are signs that the macro figures are starting to weaken somewhat,” says wealth strategist Simon Wiersma (ING). “Economic growth in the US peaked in the second quarter. In Europe, that peak will take place in the third quarter. Then it seems to become ‘less more’. ” According to Wiersma, investors therefore currently prefer defensive and less cyclical stocks.

Elsewhere, the stock markets show a mixed picture. The Nikkei in Tokio closed 0.3% higher this morning. The scholarships in New York saw earlier profits evaporate on Tuesday due to disappointing data on the US housing market and consumer confidence. Wall Street is expected to open about 0.3% in the plus this afternoon.

In the AEX the attention is focused on Royal Dutch Shell (+ 0.7%). The court in The Hague is ruling this afternoon in the climate case that Milieudefensie has filed against the oil and gas concern. The plaintiffs hope to force Shell to drastically reduce its CO2 emissions. Beursman Wiersma expects that the ‘Olies’ will not make a huge price jump as soon as the verdict is known around 3 p.m. It is also widely expected that the loser of the lawsuit will appeal.

Speciaalchemieconcern DSM (+ 1.3%) is the largest riser among the main funds. In the defensive values ​​are also food giant Unilever (+ 0.7%) and healthcare technology group Philips (+ 0.5%) in demand.

Payment service provider Adyen (+ 0.5%) has received a banking license from the US Federal Reserve, which allows the company to have more control over the processing of payments in the US. The license will only come into effect when the OCC (Office of the Comptroller of the Currency), part of the US Treasury, also gives the green light.

Falling interest rates are depressing the prices of financial values ASR (-1,4%), Aegon (-1,3%), ING (-1.4%) in NN (-1%). The Dutch ten-year interest rate turned negative again and fell to -0.05%.

There is a parcel deliverer in the AMX PostNL (+ 1.4%) at the top of the winners. Banking group ABN Amro (-2.1%), on the other hand, is the largest drop in medium-sized funds.

Retail real estate fund Eurocommercial climbs 0.1%. Asset manager Oddo BHF lowered its investment advice for the Eurocommercial share to ‘neutral’ with a target price of € 24.

Smallcapfonds Hunter Douglas leave 0.2% at € 83. CEO Ralph Sonnenberg increased his takeover bid for the window trim from € 64 to € 82 last weekend. But shareholder Add Value Fund still thinks that offer is too meager and says that the share worth at least € 175 is.

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