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AEX Slips 0.22% to 1,034.93 as Dutch Stocks Extend Losses

Netherlands stocks closed modestly lower for a second straight session on May 29, with the AEX falling 0.22% to 1,034.93. The decline followed a 0.27% drop the previous day and was driven by weakness in Consumer Services, Telecoms and Oil & Gas. Market breadth improved to a near-even split while ABN AMRO, Adyen and CVC posted gains; Heineken and Unilever led decliners. Crude oil futures fell over 1.3% and gold rose, leaving AEX implied volatility unchanged at 21.09 and the overall tone neutral rather than sharply negative.

Category

Netherlands 25

Sentiment

Mixed

Event

Market commentary

Reading time

1 min