Record on Amsterdam stock exchange | Financial

The AEX is closed 0.5% higher at 656.4 points. The AMX rose 1.2% to 1001.3 points.

The other European stock exchanges also gained ground. The British FTSE 100, the German DAX and the French CAC 40 ended up 0.5%, 0.02% and 0.5% respectively.

The Italian MIB index climbed 1.5%: the Five Star Movement and Lega Nord would like to support a government with former ECB chairman Draghi.

When the European stock markets closed, the Dow Jones index and the Nasdaq index were 0.4% higher.

Asset manager Jan Willem Nijkamp of Fintessa attributes the persistently positive sentiment on the stock markets primarily to better-than-expected business and economic figures. “In the US, 80% of company results exceed expectations. Moreover, fourth-quarter earnings appear to be on average slightly higher than a year ago, where a 9% decline was previously expected. And although the labor market report disappointed on Friday, most economic figures are not too bad. ”

Nijkamp also points out that the US Senate and the House of Representatives agreed on Friday to a support package of $ 1900 billion. “Although the infection rates in the US are falling and vaccinations are going faster than here, support from the authorities is needed. It is therefore good that additional support is being provided for benefits and for local authorities, among other things. ”

The asset manager remains fairly positive about the equity markets for the time being. “Because company results have outpaced prices, stocks have become less expensive. Moreover, interest rates are still low. However, the 10-year interest rate in the US has risen from 0.5% six months ago to almost 1.2%. A further rise in interest rates can pose a risk to the equity markets. ”

Ralph Wessels, Head of Investment Strategy of ABN Amro, remains positive about equities for the longer term. “Governments and central banks are going to stimulate even more, vaccinations are getting underway and business figures are much better than expected.” He is a little more careful in the short term. “There is a lot of optimism in the market. We also see this in the high level of call options (which can be used to respond more quickly to a rise in the share price, ed.). More and more is also invested with borrowed money. ”

Despite the enormous price increase of bitcoin in recent months, which thanks to Tesla CEO Musk now even for the first time on $44.000 has come, Wessels sees no reason to invest in digital currency for clients. “When I invest in something, I want to be able to estimate the value. That is not possible with bitcoin. In addition, price fluctuations are very large and there is a risk that governments will come up with restrictions. ”

Lead steel and paint

Steelmaker ended up with the Dutch main funds ArcelorMittal with 2.6% profit in the lead. Chip supplier ASMI rose 2%.

Oil and gas concern Shell, that presented its new strategy on Thursday, gained 1.6%. The energy company benefited from the further increase in oil prices, for Brent oil above $ 60 a barrel for the first time in a year.

ING won 1% after a positive report from Kepler Chevreux. The investment bank is counting on a substantial dividend payment for 2021 and has a target price of € 11.60.

Investors are happy AkzoNobel the takeover attempt by its Finnish industry peer Tikkurila ceases and the paint producer is 0.9% higher.

Ended at the bottom of the AEX Heineken with a 2.3% loss.

Steel producers ended up with the medium-sized funds Aperam and chip supplier Iron with pluses of 3.6% and 3.7% respectively at the top. Basic-Fit fitness chain rose 3.5%.

Trading house Flow Traders, which has to rely on mobility on the stock markets, lost 1.4%.

CM.com fell 4% on the local market. Jefferies has increased the target price to € 30, but maintained the hold advice. CM.com’s ticket business, depending on major events, could recover from the second quarter of this year with nearly 50% revenue growth, the US investment bank said.

Lavide closed 18.3% higher. The conflict between this stock exchange sleeve and its former director Salar Azimi over a claim of € 90,000 has been settled, it reports. A third party wanted to take over Azimi’s stake, after the company reported signing a letter of intent for a possible reverse IPO. The unknown party will buy 600,000 shares of Lavide from Azimi.

Curious about the favorite shares of stock exchange experts Nico Inberg (DeAandeelHouder.nl) and Albert Jellema (ProBeleggen)? Report then sign up for the online seminar Thursday evening.

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