Investor buys plenty of shares again | Financial

The AEX closes 1.6% higher at 733.7 points. The AMX rises 1.1% to 1029.5 points. The price boards in London (+1.7%), Frankfurt (+1.4%) and Paris (+1.9%) are also dark green.

When the European stock markets close, the Dow Jones is 0.6% and the Nasdaq index 0.5% higher. Both indicators climbed on Tuesday 1,6%.

“After the decline at the beginning of this week, there is a rapid recovery today. That also says something about the strength of the market,” says asset manager Richard Abma (OHV). According to him, better than expected inflation expectations and falling interest rates contribute to the sunny mood of investors.

Abma takes into account that the stock exchanges will soon set new records. “Countries’ economic growth expectations are constantly being revised upwards. If all goes well, we will notice that in the company figures and the markets can hit new highs.”

In the AEX, real estate fund Unibail Rodamco Westfield finished at the top with a profit of 4.4%. Steel giant ArcelorMittal follows with a progress of 4.1%.

ASMI rises 3.6%. The chip supplier piggybacks on the strong quarterly results of the former sister company ASML (+3.1%). The chip machine manufacturer from Veldhoven saw in the past quarter almost double the order book. ASML is now counting on a turnover growth of approximately 35% for the whole of 2021 and will buy back €9 billion in its own shares. “Customers are queuing up at ASML. The figures are much better than expected,” asset manager Abma emphasizes.

Chip supplier Iron advances 3%. Shell closes 3.3% higher, helped by the solid recovery in oil prices.

Payment processor Adyen takes 2.4% more, in response to winning an order for taxi service provider Grab.

AkzoNobel ends at the bottom of the main funds with a loss of 1.9%. Although the paint manufacturer reported on the second quarter significantly more turnover and profit, but analysts expected higher profits.

Soil researcher is located in the AMX Fugro with a gain of 6.1% at the top, supported by the more expensive oil. Corbion loses 8.4%. The specialty chemicals group is suffering from a downgrade from Barclays to underweight. According to the British bank, Corbion is confronted with significantly higher prices for raw materials.

The locally listed Better Bed (-2.9%) achieved more turnover and profit in the first half of the year. Business was particularly good in the second quarter. At the end of April, the obligation to only receive customers in stores by appointment expired. However, the Uden company achieved the strongest growth online. Beter Bed sold 123% more through its web shops than a year earlier.

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