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Netherlands stocks higher at close of trade; AEX up 0.61%

Published 12/07/2016, 12:35 PM
© Reuters.  Netherlands stocks higher at close of trade; AEX up 0.61%
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Investing.com – Netherlands stocks were higher after the close on Wednesday, as gains in the Basic Materials, Industrials and Telecoms sectors led shares higher.

At the close in Amsterdam, the AEX rose 0.61% to hit a new 3-months high.

The best performers of the session on the AEX were ArcelorMittal SA (AS:ISPA), which rose 4.98% or 0.374 points to trade at 7.883 at the close. Meanwhile, Aegon (AS:AEGN) added 4.92% or 0.246 points to end at 5.242 and Akzo Nobel (AS:AKZO) was up 2.83% or 1.62 points to 58.94 in late trade.

The worst performers of the session were ING Groep NV (AS:INGA), which fell 4.97% or 0.670 points to trade at 12.815 at the close. Galapagos NV (AS:GLPG) declined 2.46% or 1.370 points to end at 54.410 and Unilever NV (AS:UNc) was down 1.31% or 0.49 points to 37.18.

Rising stocks outnumbered declining ones on the Amsterdam Stock Exchange by 120 to 58 and 6 ended unchanged.

Shares in ArcelorMittal SA (AS:ISPA) rose to 52-week highs; gaining 4.98% or 0.374 to 7.883.

The AEX Volatility, which measures the implied volatility of AEX options, was down 0.99% to 15.96 a new 1-month low.

Crude oil for January delivery was down 1.51% or 0.77 to $50.16 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.09% or 0.59 to hit $53.34 a barrel, while the February Gold contract rose 0.73% or 8.50 to trade at $1178.60 a troy ounce.

EUR/USD was up 0.33% to 1.0753, while EUR/GBP rose 0.95% to 0.8532.

The US Dollar Index was down 0.22% at 100.29.

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