Foreign stock exchange: Amsterdam Stock Exchange reaches record levels

TOwar in Ukraine and Gaza? Houthi attacks on cargo ships in the Red Sea? Is inflation still too high, driving up company costs and weakening consumer purchasing power? The Dutch stock market is currently facing political and economic difficulties, with the leading AEX index of Amsterdam’s 25 most important shares hitting a record high last week, closing at almost 852 points, something it has never achieved before. On Monday, it continued to grow slightly during trading.

AEX follows the example of its German and American counterparts, who also recently reached highs. There is hope in markets that central banks will soon be able to cut interest rates again after quickly raising them recently, but in doing so – and this is often forgotten – will not come close to offsetting the temporarily huge rates of inflation. In the Netherlands, according to the harmonized HICP index, consumer prices rose by almost 12 percent in 2022 and by a further 4 percent next year in 2023.

Source: Frantfurter Allgemeine

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