AEX drops below 500 points

16th August 2007, Comments 0 comments

AMSTERDAM (dpa) - The main AEX index at the Amsterdam stock exchange dropped below 500 points on Thursday.

AMSTERDAM (dpa) - The main AEX index at the Amsterdam stock exchange dropped below 500 points on Thursday.

By 9.11 am the index stood at 496.46 points, a loss of 1.89 percent.

It was the first time since March the index had dropped below the 500-point level.

Once again, share value of all financials and employment agencies dropped.

Employment agency Randstad topped the list of funds losing out on Thursday, down 2.97 percent, followed by ING Group bank, down 2.7, chemicals company Akzo Nobel, down 2.45 percent and steel producer Arcelor Mittal, down 2.29 percent.

Food producer Numico gained 0.16 percent.

[Copyright dpa 2007]

Subject: Dutch news

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