Losing running back, AEX still fell sharply – Yahoo! News

The European stock markets are in the course of the morning crept part of the opening losses but remain substantially in the negative. Investors no risk now take Greece is heading for bankruptcy .

By the end of the morning the AEX 2.9 percent lower at 480.10 points. The index opened more than 4 percent in the minutes. The MidCap index of medium-sized stocks fell 2.2 percent to 715.83 points. The indicators in Frankfurt and Paris headed both 3.4 percent lower and the FTSE in London fell 1.8 percent.

,, It was good to see the opening that investing involves emotion. The Greek economy is in size but 2 percent of the European Union. From that perspective, the price reaction was surprising, ” said Sijmen Plomp, partner at Ambassador Investments.

Industry

Plomp thinks the AEX continues to move in the coming period between 470 and 510 points, driven by low interest rates. ,, The next half-year figures will show whether and how business has benefited from it. ”

Greece, which last weekend its lenders insulted by proposing a referendum, is still not fully depreciated according to some politicians . Commissioner Pierre Moscovici (Economics and Finance) suggested to the French radio that there is still room for further negotiations. Chairman Jean-Claude Juncker of the European Commission at 12.45 a press conference in which he will explain how Greece could be held in the euro zone.

ING

Banks and insurers were from the start trading the strongest decliners. ING (minus 3.9 percent) was at the bottom of the AEX, who knew no climber. Aegon yielded 3.2 percent. TNT Express still performed best with a minus of 0.4 percent.

Elsewhere in Europe, banks and insurers were among the strongest performers. So had to Barclays in London 2 percent backward, Commerzbank and Deutsche Bank in Frankfurt declined to 5 percent and lost Credit Agricole and Societe Generale in Paris to 4.5 percent.

The euro was traded for $ 1.1089 , up from $ 1.1170 at the close of European stock markets on Friday. The price of a barrel of American oil fell 2.2 percent to 58.35 dollars, Brent oil was 2.3 percent lower at $ 61.78.