The expensive euro caused a depressed mood among investors. On the Damrak, Philips was in the spotlight after it announced its lighting division to bring the stock market.
The AEX index eventually closed with a minus of 1.8 percent at 433.34 points. The MidKap fell 1.6 percent to 651.55 points. The indices in Paris and Frankfurt dropped 1.6 and 1.9 percent, London closed 0.9 percent lower.
Philips lost in the AEX 2.5 percent. The group will be part Lighting at Beursplein 5, wherein at least a quarter of the shares will be offered to institutional investors and private individuals. The majority shareholder Philips holds initially, the coming years will be completely phased out.
KPN and Ahold were the only of the main funds in Amsterdam that ended the session in the green. KPN closed 1.1 percent higher, while Ahold gain 0.2 percent was more modest.
Banks
Elsewhere in Europe, opened a large number of the books of financial conglomerates. The Swiss bank UBS (minus 7.2 percent) saw profits plummet and was done by hand investors.
Commerzbank (minus 9.6 percent) was in Frankfurt on sale after quarterly figures. British HSBC lost 1.7 percent and BNP Paribas was after reporting eventually put 1 percent in Paris.
In Frankfurt had more BMW and Lufthansa having a bad day. Carmaker BMW lost 3.8 percent after reporting a profit decline in the first quarter. Lufthansa was declining revenues due to falling ticket prices and yield 5.1 percent to fair value.
Euro
The euro was Tuesday at the slotbel with $ 1.1516 almost as valuable as at the close of trading on Monday when the highest level reached since the summer of last year. The expensive euro may harm European companies who see their products more expensive outside the euro area.
The price of a barrel of American oil fell 2.5 percent to $ 43.67. Brent oil was 1.8 percent lower at $ 45.00 a barrel
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