Bearish
AEX closes lower at 1,093.27 points amid ECB rate hike and rising oil prices.
The AEX index declined by 0.8% to 1,093.27 points, influenced by the European Central Bank's recent interest rate hike and escalating oil prices. These factors intensified inflation concerns among investors.
Key points
- The AEX index fell 0.8% to 1,093.27 points, closing below the 1,100-point threshold.
- The European Central Bank raised interest rates to combat high inflation, affecting market sentiment.
- Brent crude oil prices surged above $106 per barrel, exacerbating inflation worries.
Sources
AI-generated from public news sources. Not financial advice.
