Stock market recovery fails to materialize | Financial

The AEX is unchanged at 672.8 points just before ten o’clock. In the past two days, the stock market indicator lost more than 2%. The AMX rises 0.2% to 989.2 points.

The other European stock market indicators also fluctuate around the closing positions on Thursday. The UK FTSE 100 is 0.1% lower. The German DAX and French CAC 40 climb 0.2% and 0.3% respectively.

The index futures point to a flat opening of the US stock market indicators at 3:30 this afternoon, after the to lose from 0.4% to 0.7% on Thursdays.

In Asia the mood was somewhat depressed this morning. The Japanese Nikkei index closed 0.7% lower, remaining just above 30,000 points.

In the past few days, stock prices have been under heavy pressure in response to the strong rise in bond yields worldwide. The developments surrounding the corona virus also made investors decide to take a bit of profit after the wonderful advance in recent months. Research shows that the latest corona variant that has mutated in a worrying way has now been found in fourteen countries.

ASMI in trek

With the Dutch main funds ASMI with a profit of 2.3% in the lead. In doing so, the supplier to the chip sector is partly recovering from the blows in the past two days. The competing industry competitor in the AEX ASML wins 0.9%.

Galapagos is at the bottom with a loss of 1.3%. The biotechnology company is going to be development pipeline hold up to the light, after a few solid dips.

Shell falls under the influence of the fall in oil prices by 1%.

With the medium-sized funds, the supplier goes to the chip sector Iron with a plus of 4.6% in the lead. Not so much quarterly figures although his forecast for the first quarter is well with investors.

Fugro down

Fugro down 9.1%, after reporting a substantial loss for 2020. The soil researcher foresees continued growth for offshore wind, but believes the oil and gas market will remain volatile. SBM Offshore 1.9% is taken down.

Smallcap Kendrion takes 3.7%. The producer of electromagnetic components published better-than-expected quarterly figures and the proposed dividend is also well received by investors.

Sort dips 0.8% after solid gains on Thursday following its quarterly earnings. ING saw this as a reason to increase the price target for the automation company to € 3.60 with an unchanged purchase advice.

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