Amsterdam’s blue-chip index breaks 900-point barrier
Amsterdam’s blue-chip AEX index broke through the 900-point barrier on Tuesday for the first time in its history.
The index was boosted upwards by a 3.3% rise in the price of shares in payment processor Adyen. Almost all 25 AEX stocks rose, with DSM, Akzo Novel and NN Group behind Adyen as the biggest risers.
The AEX, which began life in 1983 with 100 points, has been rising steadily since last autumn when it was at 720 points and topped 800 points in January.
The current growth is due to investors’ expectations that central banks are poised to lower key interest rates, the Financieele Dagblad said.
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