Amsterdam investors pessimistic today

28th August 2007, Comments 0 comments

Amsterdam investors pessimistic today

28 August 2007

AMSTERDAM (dpa) - Investors at the Amsterdam stock exchange were relatively more pessimistic than in the rest of Europe during the early morning hours of Tuesday as the main index at the Amsterdam exchange AEX decreased by more than 1 percent.

By 11 am local time the AEX stood at 512.43 points, a loss of 1.10 percent.

Virtually all companies on the main index saw their share value drop.

Commercial and residential property investors and employment agencies were particularly hard hit.

Share value of banks and financial institutions also suffered following renewed rumours of international banks assumed to be affected by the US credit crisis.

Employment agency Vedior lost 1.63 percent.

International supermarket holding Ahold dropped 1.73 percent, while steel producer Arcelor Mittal shed 1.62 percent.

ABN AMRO, the subject of an ongoing takeover battle, also lost 1.62 percent.

Chip producer ASML Holding was among the few to see slight gains, of 0.04 percent on Tuesday morning.

[Copyright dpa 2007]

Subject: Dutch news

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