Investors respond to the cease-fire between Iran and Israel and to statements by FED chairman Jerome Powell, who indicated that the interest rate remains stable for the time being as long as there is uncertainty about the impact of trading taxes on inflation. The oil prices also start again, after worries about disturbances in the Middle East have decreased slightly.
Among the outblinkers in the main index are technology and industrial shares. Chip machine manufacturer ASML increases 1.75%, followed by investment company Exor (+1.40%) and chip supplier ASMI (+1.38%). Also ArcelorMittal is doing well with a profit of 1.13%, just like Philips (+1.12%) and Besi (+0.85%). Oil company Shell benefits from rising oil prices and wins 0.48%.
TomTom 1.4% rises after news about an expansion of cooperation with the AI company NextBillion.ai. TomTom’s technology is integrated into the NextBillion.ai platform, so that logistics companies can plan more accurate and more efficient routes.
In Paris plummet Worldline 14%. The French payment company, also active in the Netherlands, has covered structural fraud in recent years, reports NRC. Despite warnings from the company’s risk department, it consciously opted for fraudulent customers because they yielded a lot of turnover.