Ferrari’s nosedive hits AEX indirectly
The AEX closed 0.2 percent lower at 958.4 points. Exor fell 8.7 percent, in response to the 15.4 percent plunge of Ferrari in which the investment company has a stake. The luxury car maker released disappointing forecasts. ArcelorMittal lost 2.8 percent. The steel producer was still in demand yesterday, because the EU introduced import restrictions that affect competitors from China and India, among others. Data supplier Relx fell 1.5 percent. Broadcaster Randstad finished top with a gain of 2.3 percent. Defensive companies were also in demand, with plus 1.4 percent in favor Heineken and KPN. A biotech company excelled in the AMX Pharming with a profit of 3.9 percent. Basic Fit sprinted up 1.5 percent. ING expects strong growth in new customers at the fitness chain. The supplier to pharmacists Fagron rose 0.7 percent on its quarterly update. The manufacturer of deposit machines not included in indices Envipco lost 1.5 percent, despite a buy recommendation from the American investment bank Stifel.