Market close overview
Netherlands stocks finished higher in Amsterdam on Wednesday, driven by positive moves in the Basic Materials, Technology and Financials sectors. At the close, the AEX was up 1.07%.
Top gainers and laggards
The session's strongest performers included ABN AMRO Group NV (AS:ABNd), which climbed 8.65% - a rise of 2.53 points - to end at 31.77. ArcelorMittal SA (AS:MT) added 7.10%, or 3.64 points, closing at 54.90. Technology heavyweight ASML Holding NV (AS:ASML) advanced 4.83%, up 61.20 points to finish at 1,327.00.
On the downside, Wolters Kluwer (AS:WLSNc) lost 6.33% - a drop of 3.86 points - to close at 57.10. Relx PLC (AS:REL) declined 4.67%, or 1.32 points, to 26.96, and payments group Adyen NV (AS:ADYEN) fell 3.16% - down 28.70 points - to 880.00.
Market breadth and notable records
Advancing issues outnumbered decliners on the Amsterdam Stock Exchange by 61 to 39, with 7 stocks finishing unchanged. Two notable price milestones were recorded during the session: shares of Wolters Kluwer fell to five-year lows, while ASML pushed to all-time highs.
Volatility, commodities and FX
The AEX Volatility measure, tracking implied volatility on AEX options, was unchanged at 21.09 (0.00% change).
In commodities trading, crude oil for June delivery slipped 0.24% (down 0.25) to $101.93 a barrel. Brent oil for July delivery fell 1.36%, or 1.47, to $106.30 a barrel. The June Gold Futures contract moved higher, gaining 0.44% or 20.39, to trade at $4,707.09 a troy ounce.
On currency markets, EUR/USD was listed at 1.17, showing an unchanged move of 0.23%, while EUR/GBP was at 0.87, unchanged by 0.07%. The US Dollar Index Futures was higher by 0.21%, trading at 98.39.
Research and valuation note
Is REL a bargain right now? One way the article suggests to check is via a Fair Value calculator referenced in the session coverage. That tool is described as using a combination of 17 industry valuation models to produce estimates that can be applied across a range of stocks.
Closing perspective
Wednesday's close left the AEX higher, with gains concentrated in materials, technology and financial names. While a handful of large-cap stocks posted substantial losses, overall market breadth favored advancing issues and volatility held steady.