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Netherlands shares higher at close of trade; AEX up 0.45%

Published 29/07/2016, 17:35
© Reuters.  Netherlands shares higher at close of trade; AEX up 0.45%
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Investing.com – Netherlands equities were higher at the close on Friday, as gains in the Basic Materials, Financials and Telecoms sectors propelled shares higher.

At the close in Amsterdam, the AEX added 0.45%.

The biggest gainers of the session on the AEX were ArcelorMittal SA (AS:ISPA), which rose 5.60% or 0.305 points to trade at 5.749 at the close. KPN Kon (AS:KPN) added 2.72% or 0.078 points to end at 2.943 and ABN AMRO Group NV (AS:ABNd) was up 2.34% or 0.38 points to 16.62 in late trade.

Biggest losers included Galapagos NV (AS:GLPG), which lost 2.37% or 1.180 points to trade at 48.710 in late trade. Royal Dutch Shell A (AS:RDSa) declined 1.68% or 0.40 points to end at 23.18 and SBM Offshore (AS:SBMO) shed 1.08% or 0.13 points to 11.95.

Advancing stocks outnumbered falling ones by 101 to 68 and 9 ended unchanged on the Amsterdam Stock Exchange.

The AEX Volatility, which measures the implied volatility of AEX options, was down 3.97% to 17.71.

In commodities trading, Crude oil for September delivery was up 0.24% or 0.10 to $41.24 a barrel. Meanwhile, Brent oil for delivery in October fell 0.16% or 0.07 to hit $43.16 a barrel, while the December Gold contract rose 1.01% or 13.55 to trade at $1354.75 a troy ounce.

EUR/USD was up 0.79% to 1.1164, while EUR/GBP rose 0.14% to 0.8428.

The US Dollar Index was down 1.12% at 95.61.

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