Generated AEX rises above 500 points Financial

At around 9.35 am the AEX index was 2.4% higher at 501.6 points. The AMX rose 3.1% to 683.3 points. The price boards in London (+ 3.1%), Paris (+ 3.2%) and Frankfurt (+ 3.6%) also turned green.

Elsewhere, stock markets were also booming. The Japanese Nikkei index closed 2% higher this morning. The American stock markets ended more than 7% in the plus on Monday evening.

Investors hope that the worst of the corona virus is over. Since January, no one has died from the effects of the virus for the first time in China. British Prime Minister Boris Johnson is in the intensive care unit of a London hospital after his condition deteriorated as a result of a coronavirus infection.

There was a real estate fund in the AEX Unibail (+ 11.5%) the biggest climber. Steel manufacturer ArcelorMittal plus 7.2%.

ASMI was allowed to add 4.2%. The chip machine manufacturer was also worth 16% more on Monday.

IMCD (+ 4.1%) announced that investors would update the course of the first quarter on Monday 20 April. Originally, the Rotterdam distributor of chemicals would only issue an interim trading report on 7 May, but this has been brought forward due to the corona crisis.

Real estate fund went into the AMX Eurocommercial Properties (+ 11.6%) in the lead. Fertilizer manufacturer OCI was worth 7.4% more.

Aperam (+ 4.7%) reported having found a new finance director. Sudhakar Sivaji succeeds Sandeep Jalan, who announced his departure in February. Sivaji comes over from industry colleague Thyssenkrupp.

Flow Traders was the only loser in the medium-sized funds. The trading house fell 2%.

Small cap fund TomTom (+ 4.6%) announced that it would postpone its annual shareholders meeting due to the virus outbreak. The postponement means that Commissioner Bernd Leukert will now leave the navigation group immediately.

The producer of electromagnetic components Kendrion (+ 2.8%) withdraws its dividend proposal because of the corona pandemic. According to the company, there is a negative impact on sales and order intake in Europe and the United States due to the temporary shutdown of many car factories.

The maker of charging stations and energy storage systems Alfen (+ 6.6%) has once again won an order from the Swedish energy giant Vattenfall. Alfen supplies a battery system for storing electricity in the Swedish city of Uppsala, which will be connected to the electricity grid of Vattenfall.

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