The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Dutch stocks conclude down
On Monday, the Netherlands stock market concluded the trading session with a dive in the face of the negative dynamics from the health, finance as well as raw materials sectors.
At the time of closing at the Amsterdam Stock Exchange, AEX headed south nearly 0.52%.
The top notch performers among the components of the AEX index were represented by shares of Altice NV that managed to ascend 4.67%, closing at 3.16. Stocks of Unibail Rodamco SE rallied by 0.96%, having completed trading at 189.65. Paper KoninklijkeVopak NV tacked on by 0.94%, ending up with a reading of 42.02.
On the contrary, leaders of the dip were equities of Koninklijke Philips NV, whose price went down by 1.36%, ending the trading session at 35.84. Shares of Philips Lighting NV managed to ascend 1.13%, closing at 24.48. Additionally, Koninklijke Ahold Delhaize NV slumped by 1, 12% and concluded trading at about 19,680.
The total number of depreciated securities (73) exceeded the number of those that closed in positive territory (51) on the Amsterdam Stock Exchange. At the same time the quotes of 11 shares didn’t change at all.
The AEX Volatility Volatility Index, formed on the basis of AEX options trading, managed to ascend up to 10.83% coming up with 14.88, reaching a fresh monthly maximum.
July delivery WTI futures went down by 1.78%, coming up with a reading of $66.67 per barrel. As for other commodities, August delivery went down by approximately 1.16%, offering a result of $75.58 per barrel. As June delivery gold futures, they headed south about 0.49% being worth $1.297.30 per troy ounce.
Meanwhile, in the Forex market, the currency pair EUR/USD went down 0.19% demonstrating a reading of 1.1628, while EUR/GBP dipped 0.26% reaching 0.8736.
Moreover, futures on the USD index went up by 0.16% to 94.36.
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
WTI oil prices jumped up after Donald Trump’s 2 tweets
Today the US nonfarm payroll data will be reported that could cause fluctuations of the market.
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.