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Daily Market Briefing

Bullish

AEX Index reaches new record high of 1,130.95 points on October 9, 2026.

The AEX Index achieved a new record high of 1,130.95 points on October 9, 2026, marking a 0.9% increase over the week. This milestone was driven by strong performances in the steel and publishing sectors, notably ArcelorMittal and Wolters Kluwer. However, semiconductor equipment manufacturers like ASML, ASMI, and Besi experienced declines of up to 1.8%, influenced by concerns over AI sector valuations following OpenAI's lower-than-expected revenue.

Key points

  • ArcelorMittal's 5.6% surge after UBS's buy recommendation.
  • Wolters Kluwer's 5.2% increase amid strong demand.
  • Semiconductor stocks like ASML, ASMI, and Besi fell up to 1.8% due to AI sector concerns.
  • Overall European markets also posted gains, with indices in London, Paris, and Frankfurt advancing up to 1.1%.

Sources

AI-generated from public news sources. Not financial advice.

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