Netherlands stocks lower at close of trade; AEX down 0.61%

Netherlands stocks lower at close of trade; AEX down 0.61%

May 24, 2018

Investing.com – Netherlands stocks were lower after the close on Thursday, as losses in the Oil&Gas, Telecoms and Financials sectors led shares lower.

At the close in Amsterdam, the AEX fell 0.61%.

The best performers of the session on the AEX were Galapagos NV (AS:GLPG), which rose 0.59% or 0.500 points to trade at 85.320 at the close. Meanwhile, Aalberts Industries NV (AS:AALB) added 0.52% or 0.22 points to end at 42.86 and Randstad Holding NV (AS:RAND) was up 0.49% or 0.26 points to 52.90 in late trade.

The worst performers of the session were Philips Lighting NV (AS:LIGHT), which fell 2.99% or 0.74 points to trade at 24.02 at the close. Royal Dutch Shell PLC Class A (AS:RDSa) declined 1.89% or 0.570 points to end at 29.640 and Koninklijke KPN NV (AS:KPN) was down 1.54% or 0.037 points to 2.371.

Falling stocks outnumbered advancing ones on the Amsterdam Stock Exchange by 67 to 55 and 18 ended unchanged.

Shares in Philips Lighting NV (AS:LIGHT) fell to 52-week lows; down 2.99% or 0.74 to 24.02. Shares in Koninklijke KPN NV (AS:KPN) fell to 3-years lows; down 1.54% or 0.037 to 2.371.

The AEX Volatility, which measures the implied volatility of AEX options, was up 2.47% to 13.50 a new 1-month high.

Crude oil for July delivery was down 1.13% or 0.81 to $71.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.74% or 0.59 to hit $79.21 a barrel, while the June Gold Futures contract rose 1.13% or 14.60 to trade at $1304.20 a troy ounce.

EUR/USD was up 0.29% to 1.1730, while EUR/GBP unchanged 0.00% to 0.8764.

The US Dollar Index Futures was down 0.23% at 93.69.

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