The AEX closed 0.9% lower at 570 points. The AMX lost 0.3% on 813 § points.
The other European stock exchanges also took a step back. The British FTSE 100, the German DAX and the French CAC 40 lost 1.5%, 0.5% and 0.6% respectively.
The broad-based US S & P500 was 0.1% higher at the close of the European stock markets, only fractionally below the record set on Wednesday at the end of the trading day. The Nasdaq index gained 0.9%.
That the number of unemployment benefits in the US fell below 1 million for the first time in months last week, says JP Morgan’s investment strategist Vincent Juvyns. “It indicates that the US economy can turn quickly. I do expect a persistently high unemployment rate until the end of next year and that stimuli will remain necessary until then. ”
In that regard, Juvyns is surprised that the Democrats and Republicans have still not reached an agreement on a new bailout package, after the previous one expired in late July. “It is important for both to show that they are doing enough to stimulate purchasing power. The Democrats want to keep the weekly unemployment benefit of $ 600, while the Republicans are betting on $ 200. They probably end up somewhere in the middle. In any case, the market assumes that the package will actually arrive soon. ”
The increasing number of virus infections, especially in Europe, has aroused mixed feelings among the investment strategist. “Also, judging from what I hear from virologists, it does concern me. On the other hand, I am less concerned economically. Policymakers are unlikely to introduce full lockdowns again, but will take other measures such as locking regions and deploying additional testing capacity. ”
Thump for Aegon
In the AEX was Aegon the bitten dog with a bloodletting of no less than 15.3%. Investors were disappointed to see the cancellation of financial expectations for this year and next year. Dividend cuts were also unsuccessful.
Steel giant ArcelorMittal lost 3.7% in response to disappointing figures from German industry peer ThyssenKrupp
Prosus fell 3.3%. The weakening of WeChat mother Tencent, his largest holding, was troubling the tech investor.
ABN Amro fell 2.5% after shooting up on better results on Wednesday.
Adyen thickness 2.6%. The payment processor starts working at internet giant Zalando.
Galapagos won 2.2% The biotechnology company announced a collaboration with the American Scipher Medicine in the field of inflammatory bowel disease.
Food delivery service Just Eat Takeaway gained another 1.2%. ING seized the better-than-expected quarterly figures that were released on Wednesday to increase the price target to € 130.
Midkapper Air France KLM fell 0.3%. KLM management is postponing a pay rise.
Smallcap ForFarmers lost 4%. The animal feed company was able to increase its profit sharply through cost savings, but the prospects, including an imminent reduction in livestock numbers, are uncertain. Analysts at KBC point out that the improvement in profitability gives a distorted picture due to the skewed comparison after a weak first half of last year.
NIBC fell 0.1%, after reporting that the profit in the first half has almost completely evaporated. Last week, investment company Blackstone officially launched its takeover offer of € 7.53 per share.
Local fund AND took 0.3%. The mapmaker increased his turnover by more than a fifth in the first half of the year.
The certificates of Rabobank were worth 1.6% more. His results were under severe pressure in the first half of the year due to the corona crisis, but remained positive in contrast to those of various other banks. The CEO also reports that a dividend distribution in shares is being investigated now that the ECB is forbidding banks to make a cash payment.
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