AEX edges higher after record close as European markets dip
The AEX rose 0.2% shortly after opening, following Friday’s record close, as technology losses in the US and unrest in France unsettled European markets.
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The AEX opened slightly higher on Monday after setting a record on Friday, while losses in US technology shares and unrest in France weighed on European markets.
The Amsterdam benchmark was up 0.2% at 1,145.35 shortly after trading began. The Nasdaq had fallen more than 2% on Friday amid sharp losses among US technology stocks. The Dutch MidKap index was down 0.4% at 1,058.29.
Elsewhere, Frankfurt fell 0.5% and London edged up 0.1%. Paris’s CAC 40 dropped 1.1% after protests over high prices and the state of education turned violent in several French cities over the weekend. Shops were looted, according to ANP, while the unrest added pressure on a government already facing a large budget deficit and trying to introduce spending cuts. [1]
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