Bearish
AEX index closes at 1,106 points amid rising bond yields and Middle East tensions
Over the past week, the AEX index experienced a decline, closing at 1,106 points on Friday, down from a peak of 1,124 points earlier in the week. This downturn was influenced by escalating bond yields and geopolitical uncertainties in the Middle East.
Key points
- The AEX index fell to 1,106 points on Friday, down from a peak of 1,124 points earlier in the week.
- Rising long-term bond yields in both Europe and the U.S. have pressured semiconductor stocks, with ASML, ASMI, and Besi losing between 4.7% and 8.9% over the past week.
- ASR Nederland reported a sixfold increase in profits over the past half-year, yet its stock declined by 1.7% over the week.
Sources
AI-generated from public news sources. Not financial advice.
