Belly slider ASML draws AEX in red | Financial

A few minutes after the opening gong, the main gauge in Amsterdam is at 562.8 points, a loss of 0.2% compared to the closing on Friday. The Midkap index also loses 0.2% and goes to 771.5 points. Elsewhere in Europe, the stock panels also turn red, with a loss of 0.2% for the FTSE100 in London and 0.1% lower prices on the French CAC40. The DAX index does gain a little: + 0.1%.

The corona virus still dominates the stock market sentiment. In Spain and Belgium, for example, new peaks were reported last weekend, after France had previously indicated that the virus is resurfacing in some places. In the Netherlands there is also increasing evidence that the number of infections is rising. The British government has introduced a quarantine obligation on people coming from Spain.

KPN

Telecom company KPN Monday morning opened a very busy week of numbers with the promise of an interim dividend in August, and an unchanged forecast for the whole of 2020 – despite corona. Investors nevertheless put the company in the red: KPN loses 1.7% in market value.

Heavyweight ASML pulls the stock market completely in the red, with a loss of 1.4%. That is what fellow giants can do Shell (+ 0.6%) in Unilever (+ 0.1%) no longer make up for it. The big winner of the Monday morning is payment service provider Adyen, with a 2% profit.

Irish budget airline Ryanair warns that a second wave of the corona virus in Europe could push the recovery for airlines to next year. The price fighter expects to make a loss this summer. Still, Ryanair thinks the crisis offers opportunities as higher cost airlines will reduce their capacity, which could allow the company to attract more customers.

The Ryanair numbers are for investors in Air France KLM reason to sell their shares: -3.1%.

The gold market also remains in the spotlight. The gold price rose to a record high of $ 1944.71 per troy ounce (31.1 grams) on Monday. This broke the 2011 record of $ 1921.17. Recently, the gold price is making strong strides, as investors are looking for safe havens because of the uncertainties surrounding the corona virus. The price is also helped by global economic stimulus, such as interest rate cuts, and mounting tensions between China and the United States.

The euro was worth $ 1.1706 versus $ 1.1636 on Friday. The price of a barrel of American oil fell 0.2 percent to $ 41.23. Brent oil also became 0.2 percent cheaper, at $ 43.24 a barrel.

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