Stock Markets March 10, 2026

AEX Climbs Nearly 2% as Prosus Leads Gains; Basic Materials and Tech Advance

Amsterdam session ends higher with broad-based sector strength and mixed commodity moves

By Ajmal Hussain MT
AEX Climbs Nearly 2% as Prosus Leads Gains; Basic Materials and Tech Advance
MT

Dutch equities closed higher on Tuesday, with the AEX rising 1.98% as gains in Basic Materials, Technology and Financials lifted the market. Prosus, ArcelorMittal and BE Semiconductor were the top performers, while Wolters Kluwer, Shell and Relx posted declines. Market breadth favored advancers by a wide margin, and commodity prices saw sharp moves.

Key Points

  • AEX closed up 1.98% as Basic Materials, Technology and Financials led gains.
  • Prosus, ArcelorMittal and BE Semiconductor were the session's strongest performers on the AEX; Wolters Kluwer, Shell and Relx were the largest decliners.
  • Market breadth favored advancers 87 to 19; AEX Volatility was unchanged at 21.09.

Netherlands stocks ended Tuesday's trading session in positive territory, with the AEX index finishing up 1.98% in Amsterdam. Strength across the Basic Materials, Technology and Financials sectors underpinned the advance.

Top movers

  • Prosus (AS:PRX) led gains on the AEX, jumping 9.57% or 4.08 points to close at 46.65.
  • ArcelorMittal SA (AS:MT) added 7.43% or 3.42 points to finish at 49.46.
  • BE Semiconductor Industries NV (AS:BESI) rose 4.99% or 8.30 points to end the session at 174.60.

Lagging names

  • Wolters Kluwer (AS:WLSNc) was the weakest on the AEX, slipping 2.16% or 1.48 points to 67.16 at the close.
  • Shell PLC (AS:SHEL) declined 0.92% or 0.34 points to finish at 36.73.
  • Relx PLC (AS:REL) fell 0.91% or 0.28 points to close at 30.36.

Market breadth in Amsterdam was decisively positive, with 87 stocks rising and 19 falling on the exchange.

Volatility and derivatives

The AEX Volatility index, which measures implied volatility for AEX options, remained unchanged at 21.09, recording a 0.00% move during the session.

Commodities

  • Crude oil for April delivery fell 15.19% or 14.40 to $80.37 a barrel.
  • Brent oil for May delivery declined 14.64% or 14.49 to $84.47 a barrel.
  • The April Gold Futures contract gained 2.70% or 137.65 to trade at $5,241.35 a troy ounce.

Currencies and indexes

EUR/USD was unchanged 0.21% at 1.17, while EUR/GBP was unchanged 0.06% at 0.87. The US Dollar Index Futures fell 0.65% to 98.53.


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Overall, Tuesday's close reflected broad participation in the advance on Amsterdam's main index, led by sizable moves in several blue-chip and tech-related names, while commodity markets recorded notable volatility during the session.

Risks

  • Commodity price volatility reflected by sharp declines in crude oil and Brent could influence energy and materials sector performance.
  • Concentration of gains in a handful of stocks means market direction may be sensitive to moves in those large performers, impacting sectors such as Technology and Financials.
  • Unchanged implied volatility on the AEX suggests option market expectations did not shift despite price moves, leaving potential uncertainty about future intraday swings.

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