Investor is interested in Unilever and KPN; AEX cools down | Financial

The AEX index is down 0.4% at 604.5 points around eleven. The Midkap index declines 0.2% to 898.8 points.

The stock exchanges in Paris and Frankfurt are looking upwards with narrow pluses.

On Wall Street, the Dow Jones index landed above 30,000 points for the first time in history on Tuesday. The broad S&P 500 also reached a record level partly due to the diminished political unrest in the US after President Trump appears to be paving the way for Biden to the White House.

Oil (Brent) continues its vigorous recovery above $ 48 a barrel. The value of oil is up more than a quarter in November alone, helped by positive test results from corona vaccines. According to experts, the oil price will rise further in the coming months, now that the road to recovery from the crisis seems to be on track.

Daam-Martijn van Holst, trader at ABN Amro, emphasizes that investors are recovering from the enthusiasm of the day before that the back to normalrally is mentioned because of the prospect of a normalization of the world economy with the arrival of a number of corona vaccines. He points out that later this week due to the upcoming holidays, with Wall Street closing its doors tomorrow and only open half a day on Friday, is expected to be less of a spectacle. “Furthermore, it remains to be seen how the bargain hunt of consumers will proceed in corona time.”

Profit taking at banks

In the AEX, the highly sought-after banks in recent weeks have to give up ground after a positive start. ING is down 2.1%. higher. Bottom of the league ABN Amro is worth 3.2% less. The ECB wants to allow financial institutions that are in good shape next year to possibly start paying dividends to their shareholders again. At the end of March, the ECB asked banks not to pay a dividend during the corona crisis. Insurer Aegon leaves 2.5%.

Chip machine manufacturer ASML is also in the rear with a loss of 1.4%. RD Shell looks up to minus of 0.9%, interrupting the strong advance in recent weeks.

Unibail-Rodamco-Westfield loses 0.5%. The real estate fund will issue new bonds in two tranches, with terms of 6 and 11 years.

Arcelor Mittal gets 0.8%. The steel concern is the favorite stock at Deutsche Bank. KPN holds the lead. The course of the telecom concern that has big ambitions for the rollout of optical fiber rose 1.9%.

Unilever gains 1.3% after a cheerful report by the British trading house Jefferies about the food group.

Air France KLM in trek

In the Midkap sinks Altice Europe 4% gone. The private investor Next Private made a formal offer for the cable and telecom group. The investment vehicle of businessman Patrick Drahi, the founder of Altice, has 2.5 billion euros available for this.

Air France KLM is doing well with a plus of 1.7%. Fugro is also in demand with a profit of 2.4% due to the strong revival of the oil price. BAM was hit by profit-taking and dropped 8%.

After the beautiful ride earlier this week, the charging station manufacturer is slipping Elves on the local market 8% back.

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