KLM considerably up on green stock | Financial

Around half past two, the AEX index is 0.3% higher at 609.4 points. The stock market gauge reached this afternoon at a stand of 610.63 points, the highest point since the corona crash in March. The AMX rises 0.9% to 912.7 points. The price signs in London (-0.5%), Paris (+ 0.5%) and Frankfurt (+ 0.2%) show a divided picture.

“Not much is happening at Beursplein 5 today. The control that Wall Street normally provides for the AEX is now hardly there,” says Ralph Wessels, head of investment strategy at ABN Amro.

Thanks to the very strong month of November with a plus of 14%, the AEX is now well above the 604.58 points, where the index ended at the end of last year. The stock market prices of payment service provider Adyen (+ 118%) and chip supplier ASMI (+ 99%) in particular rose sharply this year.

‘AEX towards 632 points’

Technical analyst Nico Bakker thinks that with a positive undertone the AEX index “can rise steadily further towards 632 points”. But according to Bakker, there is now a hesitation among investors to keep going. “There is no conviction.”

Wessels also does not rule out the possibility of an end-of-year rally. But according to him, it may be less powerful than in other years, because stock prices have already risen sharply in November. The year top of the AEX dates from February and stands at 632.12 points.

Elsewhere, the stock markets are also in a positive mood. After being closed on Thursday for Thanksgiving, Wall Street is today open half a day. The Dow Jones index has started 0.3% higher. The Nasdaq technology exchange got off the starting blocks with a profit of 0.5%. In Japan, the Nikkei-index This morning went out the week with a plus of 0.4%.

Investors are calmly responding to the news that the corona vaccine from pharmaceutical company AstraZeneca and the University of Oxford may be available months later. After strong criticism, AstraZeneca and Oxford are almost certainly going do additional research.

Randstad at the top, Galapagos at the bottom

In the AEX Randstad the leader with a plus of 2%. The broadcaster benefits from a positive report from Morgan Stanley about the temporary employment sector. The investment bank applies an ‘overweight’ advice for the Randstad share, including a target price of € 57.

By techfondsen ASMI (+ 1.3%) in Adyen (+ 1.3%) are also in demand. The banks ABN Amro (+ 1.3%) in ING (+ 1.2%) are also on the rise. The same applies to the supermarket group Ahold Delhaize (+ 1.3%) and paint manufacturer AkzoNobel (+1,3%).

Biotechnology company Galapagos (-1.3%) is the largest drop among the main funds. Data processor RELX yields 1.1%.

In the AMX goes Air France KLM 5.1% up. The aviation group needs billions of euros extra to be able to weather the corona crisis. KLM also needs more support from political The Hague, now that France is under increasing pressure on the Netherlands to participate in a share issue of Air France KLM.

Builders BAM (+ 0.6%) in Heijmans (-0.3%) will merge their asphalt production in a joint company. This company will be called AsfaltNU.

Biotechnology company Pharming (-3%) and real estate fund Eurocommercial (-3%) are at the bottom of the medium-sized funds. Pharming won 17% on Thursday, because a listing on the Nasdaq has come a step closer for the Leiden company.

On the local market is rising Fastned by 11.4%. The charging station manufacturer has more than doubled the price in the past two months.

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