Dive Flow Traders and Unibail; AEX under pressure | ...

The AEX index was 1.1% lower at 551.21 points around ten o’clock. The Midkap index fell 1.4% to 816.25 points.

Stock markets elsewhere in Europe were also still retreating. Frankfurt, London and Paris lost up to 1.1%.

Wall Street took a step back last night. Negotiations for a new bailout package in the US have not yet been given the green light, although the parties were closer together. The Federal Reserve’s Beige Book emphasized the US economy shows a mixed picture as a result of the impact of the corona crisis. Nabeurs indicated that Tesla had again booked a profitable quarter.

On the Brexit front, negotiations on a trade deal between the European Union and the United Kingdom will resume on Thursday and “intensify.” The parties are entering the ‘final stage’ of the talks, EU chief negotiator Michel Barnier said. Barnier says an agreement is still possible if both sides are willing to compromise.

Unibail at the bottom

Ended up in the almost entirely red-colored AEX Unibail-Rodamco-Westfield at the bottom with a price dip of 7.2%. A group of active shareholders who want to stop the planned issue of the real estate fund account for more than 5% of the outstanding shares.

Banks were also in the rear. ING in ABN were worth 1.8% and 1.3% less. Galapagos that on Wednesday Ford already came under pressure, slipped another 2.2%.

RELX also had a lesser day in response to the figures where trade fair division causes headaches. The price of the information supplier fell 1.6%.

Unilever was a positive exception and gained 0.5%. The underlying sales growth at the food group was, at 4.4%, a lot better than expected. Sales were under pressure due to currency fluctuations.

IMCD, this year’s stock market pearl posted a profit of 0.3%.

Thump Flow Traders

Midkapper Iron headed 0.8% lower. The chip company continued to benefit from the increasing demand for chips from Asia and the United States. For the current quarter, Besi expects a quarter-on-quarter turnover drop of 15 percent.

Flow Traders fell as much as 7.2%. The stock market intermediary achieved lower results in the third quarter than in the second quarter.

Intertrust was also disposed of with a bloodletting rate of 6.8%. Profits at the financial services provider were significantly lower.

In front of Air France KLM Investors were left 3.7% less after a bleak message from British Airways parent company IAG about the impact of the corona crisis.

Fugro continued this week’s advance unabated with an increase of 2%. The relief from investors about the better than expected course of events at the soil researcher continues to provide support.

AScX fund Sligro did good business with a plus of 3% after a well-received quarterly report.

On the local market, Rabobank Certificate rose 5.2%. The bank is meeting the holders’ wish to make a payment in December.

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