World, As Seen from the most beautiful islands: Ireland and Cyprus

Cautious growth on European stock markets observed


The Amsterdam Stock Exchange made some progress on Friday. The other European stock exchange meters also showed cautious profits. In particular, investors were monitoring developments in the Washington negotiations on the additional support measures for the US economy. It also continued to focus on the continuing increase in the number of coronary heart attacks in many European countries.

The AEX index on Stock Exchange Square 5 recorded 0.3 percent higher in the morning trade at 561.62 points. The midcap increased 0.5 percent to 846.50 points. The stock exchanges in London, Paris and Frankfurt won up to 0.5 percent.

The lead in the AEX was oil and gas company Shell with a 1.6% profit. Meals on Wheels Just Eat Takeaway was at the bottom with a loss of 0.7 percent. In the midcap, biotechnology company Pharming closed the line with a minus of 1.5 percent.

Silicon chip manufacturer Besi (plus 2.7 per cent) was the largest increase among medium-sized companies, thanks also to overnight news in the sector. The American company Advanced Micro Devices (AMD) wants to take over the Wall Street Journal branch Regent Xilinx. In addition, the Dutch NXP Semiconductor, which has a listing on the Nasdaq, came with better than expected turnover figures for the third quarter.

In the local market, Euronext won 0.8%. The operator of the stock exchanges in Amsterdam, Paris, Brussels, the Italian Borsa Italiana and on of professional the London Stock Exchange (LSE). Euronext has EUR 4.3 billion for the Milan stock exchange issuer. The company expects the acquisition to contribute directly to the results. LSE climbed 0.2 percent in London after the announcement.

In Frankfurt Zalando will gain 5%. The German web-shop business once again increased its profitability, after an extremely strong and profitable third quarter. Because of the coronacrisis, much more online shopping is done and the German fashion store benefits from this. The German manufacturer of detergents, soap and glue Henkel increased 3% thanks to a well-received commercial update.

The euro was worth $ 1,1769, compared to $ 1,1754 a day earlier. The price of a barrel of American oil increased a fraction to $ 41.20. Brent oil cost 0.1 percent more at $ 43.37 a barrel.

Written by: Liam O'Reilly

Liam O'Reilly is the founder of the publication, a former analyst at a major reputation agency in the UK, who chose Cyprus as his home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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