Tap Galapagos into sinking AEX | Financial

At half past twelve the AEX index was 1.1% lower at 525.2 points. Despite this, technical analyst Nico Bakker believes that there is still a valid breakthrough of the resistance at 525-528 points “after the bullshit” on Wednesday. “By removing the resistors, there has been room for a further increase. In other words, the playing field has been widened because the trading range phase. I would call it an extension of the recovery with 560 points as a viable level. Below 520 points, the image will fade. ”

The other stock market indicators in Europe showed similar decreases. The Dutch index of medium-sized funds AMX fell by 1.6% to 695.7 points.

The British FTSE 100, the German DAX and the French CAC 40 lost 1%, 1.5% and 1.1% respectively.

According to wealth strategist Richard Abma (OHV), investors are today focused on the US unemployment claims that are announced at half past two. Analysts assume that 2.3 to 2.8 million Americans have claimed benefits in the past week. “Some purchasing manager indices may also cause price movements,” Abma explained. Figures showed that the eurozone economy is slowly recovering from the corona crisis.

The US stock markets are expected to open more than 0.6% lower this afternoon after a 1.5% to 2.1% higher lock on Wednesday. The Japanese Nikkei index ended 0.2% in the min this morning. Japanese exports appeared to have fallen even more sharply in April due to the corona crisis.

In addition to Douwe Egberts mother JDE Peet’s, investors may soon be able to welcome another newcomer. The Overijssel software manufacturer Topicus has plans to go public.

The AEX said Galapagos with a loss of 7% at the bottom. The research results of the use of his drug filgotinib for the treatment of patients with chronic inflammatory bowel disease were somewhat disappointing.

Real estate fund Unibail Rodamco Westfield 5.4% was written down to the lowest level ever.

Financial institutions were also at the bottom. Aegon, ING and ABN Amro dropped about 2.5%.

Meal delivery company Just Eat Takeaway kept feet dry on the main funds with a plus of 0.7%.

The medium-sized funds went Altice Europe 16% down after the publication of disappointing quarterly figures. The French cable and telecom company still expects to grow this year. Major shareholder Patrick Drahi also wants to claim compensation from the football association UEFA, because European football can no longer be broadcast due to the corona crisis.

Maritime service provider Boskalis was the biggest riser with a profit of 1.1%.

Small cap fund Vastned (+ 0.4%) announced a strategic update in February 2021. The real estate fund cites the changing retail landscape and the corona crisis as a reason to take a closer look at its strategy.

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