Friday, March 20, 2015

AEX index for the first time in 7 years back above 500 points – nrc.nl

 AEX breaks through 450 points limit

Less than two months ago, the AEX went through the barrier of 450 points. This afternoon the next peak was reached. Photo ANP / Evert Elzinga

Economy

The Amsterdam AEX stock market index was heading this afternoon for the first time in seven years, more than 500 points. With just over an hour to go until the end of the trading peaked the main indicator of the Damrak moment at 500.07 points, then immediately submerge this symbolic border.

The last time the AEX who managed to reach position was in January 2008, reports news agency ANP. Since early this year, the stock market way back up. That is partly due to the incentives that the European Central Bank (ECB) has taken in recent times.

At the start of 2015, the AEX was still on 425 points. Since then, the index has gained nearly 20 percent in value. Other stock markets in Europe lately break records. So broke the DAX in Frankfurt earlier this week the limit of 12,000 points.

With a stand of over 500 points, the AEX incidentally, still far from the highest level ever of 703.18 points. Reached in the autumn of 2000, before the Internet bubble popped. Even during the economic crisis in 2007, the AEX lost considerably.

Before the crisis the index still came out to 563.98 points in July 2007. Just two years later reached a low of 194.99 points. The limit of 400 points at the end of 2013 broken. That was the first time since September 2008

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