Flat AEX behind on optimistic stock exchanges Europe | Financial

The AEX index, after Thursday’s 0.6% loss, was close to 554.8 points. The AMX was heading 0.4% higher at 827.8 points.

After the recovery movement, ING technical analyst Bas Heijink foresees ‘downward room’ for the AEX since the end of September towards the heavy bottom zone of 529-533 points.

Elsewhere in Europe, the FTSE was up + 1.2%, the DAX was up 1% in Frankfurt, and in Paris, investors added 1.% gains.

That advance was remarkable as the purchasing managers’ data for the eurozone fell to 49.4 points in October, the lowest point in four months. An index position below 50 points does not mean growth.

Business figures did provide a lot of support. European aircraft manufacturer Airbus would increase production by a fifth again, aviation sources said. Barclays investment bank rose to 6.4% on strong third-quarter results. HSBC and European banks followed suit. Automakers Renault and Daimler gained up to 1.8% on better than quantified results. And the German retail group Ceconomy, parent company of MediaMarkt and Saturn, sold significantly more tablets, PCs and home office equipment.

In Asia, the Nikkei in Tokyo exited the trade with 0.2% gain. The Hangseng rose 0.5%. Asian chip companies were under pressure after a disappointing quarterly report from chipmaker Intel.

Wall Street advanced slightly on Thursday. The Dow Jones index ended 0.5% higher at 28,363.66 points. Investors were slightly more positive about the expected bailout package from the US government following signals from Democratic negotiator Pelosi that the talks are nearing an end.

The fact that the American watchdog FDA approved a medical treatment for corona patients from Gilead also gave optimism.

The first futures to open trading at 3:30 pm were up 0.3% higher.

The euro rose 0.2% to $ 1,841, and the British pound also gained ground on signals of agreement with the European Union on a Brexit.

Brent oil fell 0.4% to $ 42.30. Gas became 2.5% more expensive. ABN Amro warns that the rise in gas prices will come to an end, while oil will have limited movement in the coming months.

Goldman stut ABN

Listed with the main funds Shell 3% higher.

ABN Amro went with a 3% profit, the bank received an advice increase from Goldman Sachs. Other financials benefited: ING rose 2.4%, Aegon 1,6%.

Real estate fund Unibail-Rodamco-Westfield followed with a 2% profit.

At the bottom, many technology funds noted: ASMI lost 1.3% and heavyweight ASML fell 0.8%. Food and detergent company Unilever lost 1.2% as a heavyweight, Investec lowered its buy recommendation to hold at a target price of € 53.

Payment processor Adyen Just after a buy-to-hold advice cut from Rosenblatt, it stayed with a target price of € 1,615.

The lighting company lost in the medium-sized funds Signify 2.7%. It gave no expectations for its third-quarter results because of the uncertainties caused by the corona crisis.

The spin-off from Philips achieved higher sales than a year ago, thanks to the acquisition of the American Cooper. Excluding that acquisition, his turnover fell by more than 8%. Citi said the performance was better than expected. It praises the higher gross profit margin at Signify.

Chip supplier Iron broke the trend at ASML and ASMI and recovered with 1.3% gain. Tank storage company Vopak won 1,2%.

Air France KLM 1.3% was reset. There is a threat of job losses for nearly 60,000 employees around the airport, De Telegraaf reported.

Retail real estate fund Wereldhave (+ 5%) became more positive in the small caps and raised the profit forecast. In the past quarter, 93% of all rent was paid.

Bed salesman Better Bed (+ 3.9%) reported a turnover increase of over 30% in the third quarter. According to the group, the order book has never been so well filled, an increase of 60%.

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