The indicator was at 16:15 for the first time by the 500-point boundary, shortly after the price dropped back there just below.
announced since the European Central Bank (ECB) on January 22 with a launch extensive purchasing program, the prices of listed European companies skyrocket.
The AEX started this year on 422 points, since then there has been a gain of more than 17 percent. Also shows in other European capitals booked profits towards the weekend.
The last time the main index of Beursplein 5 closed above 500 points, was on January 7, 2008. Not long after, the American financial crisis barrel on the European economy. The highest level ever recorded on September 5, 2000, when it reached the AEX at 703.18 points.
ECB
The ECB buys since March of this year monthly for EUR 60 billion in government loans and packaged business loans by banks in the euro area, and in any event do until September 2016.
The central bank hopes to boost the economy and low inflation to screw up. Because there is such a big buyer in the market for government and corporate bonds, investors seek refuge in stocks which prices rise.
This may entail risks because high prices have detached from the underlying value of a company
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Bubbles
Jeroen Dijsselbloem, finance minister, warned earlier this week called for bubbles in the stock market. “That’s for the small investor is always a risk, so some caution is in place,” said the minister.
Klaas Knot, president of De Nederlandsche Bank, said the purchasing program of the ECB disrupts the financial markets. “Long-term and significant distortions like the buyout program, will have a price in the future. In fact, the last financial crisis began with such disruption,” said Knot.
Consequences low euro we will soon only feel | you should know how to turn on the printing press
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