Amsterdam emerged as one of the best performing financial centres for equity investors during 1995. Among the European bourses, Amsterdam was only marginally behind London and well ahead of all the other major exchanges, in recording the greatest percentage increase in share prices. Over the 12 month period to the end of December 1995, the AEX index rose by an impressive 17%, only a couple of percentage points behind London but well ahead of Frankfurt, Paris and Milan.
Amongst all the major global centres, New York easily took the first prize with an increase in the Dow Jones of more than 30%. In contrast the Nikkei index reflected the worries and later the hopes of the Japanese economy. Having started 1995 at just below the 20,000 level, the Nikkei tumbled in the summer to a low of under 14,500 before bouncing back to end the year virtually unchanged at just short of 20,000.
Steady progress
Amsterdam also staged a comeback from a difficult opening in 1995 which saw the AEX fall from 415 to 388 in March. But from then on major share prices barely looked back and made sure and steady progress to end the year at 485. Since the start of 1996, the AEX has breached the psychological 500 barrier.
During 1995, the German DAX index rose by approximately 10%, while the French CAC 40 ended the year marginally lower. The Italian MiBtel Index fared even worse failing nearly 1 0% during a very volatile and politically sensitive year. The strength of the Dutch equity market during 1995, coupled with a strong guilder attracted significant international as well as domestic investment interest.
Total turnover in both bonds and shares on the Amsterdam Exchanges NV rose to 1.362 trillion guilders, an increase of 16% on 1994. Share turnover in 1995 rose to 396 billion guilders from 312 billion guilders in 1994, while bond turnover amounted to 962 billion guilders against 848 guilders in 1994. In turnover terms, Amsterdam also performed well in contrast to other European bourses.
New listings
The volume of new issues in 1995 amounted to 23.6 billion guilders. This was a decline on the previous year's total of 57 billion guilders that included the biggest ever ASE launch of telecoms group KPN (23.1 billion guilders).
The introduction of retail and financial services group Vendex International on June 1 was the biggest of the share flotations in 1995. Other sizeable flotations included ASM, Baan, Axxicon, Heidemij, Gucci, Computer Management Group and BE Semiconductors Industries.
For further information on the Amsterdam Exchanges NV, please contact; Thom Hoedemakers, Director of Communications, Amsterdam Exchanges NV, Buersplein 5, 1012 JW Amsterdam, Netherlands, Tel: +31 20 523 4014, Fax: +31 20 523 4950, or enter text search 'Amsterdam Exchanges NV' and 'Business Monitor'.
The content of this article is intended to a provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
Amongst all the major global centres, New York easily took the first prize with an increase in the Dow Jones of more than 30%. In contrast the Nikkei index reflected the worries and later the hopes of the Japanese economy. Having started 1995 at just below the 20,000 level, the Nikkei tumbled in the summer to a low of under 14,500 before bouncing back to end the year virtually unchanged at just short of 20,000.
Steady progress
Amsterdam also staged a comeback from a difficult opening in 1995 which saw the AEX fall from 415 to 388 in March. But from then on major share prices barely looked back and made sure and steady progress to end the year at 485. Since the start of 1996, the AEX has breached the psychological 500 barrier.
During 1995, the German DAX index rose by approximately 10%, while the French CAC 40 ended the year marginally lower. The Italian MiBtel Index fared even worse failing nearly 1 0% during a very volatile and politically sensitive year. The strength of the Dutch equity market during 1995, coupled with a strong guilder attracted significant international as well as domestic investment interest.
Total turnover in both bonds and shares on the Amsterdam Exchanges NV rose to 1.362 trillion guilders, an increase of 16% on 1994. Share turnover in 1995 rose to 396 billion guilders from 312 billion guilders in 1994, while bond turnover amounted to 962 billion guilders against 848 guilders in 1994. In turnover terms, Amsterdam also performed well in contrast to other European bourses.
New listings
The volume of new issues in 1995 amounted to 23.6 billion guilders. This was a decline on the previous year's total of 57 billion guilders that included the biggest ever ASE launch of telecoms group KPN (23.1 billion guilders).
The introduction of retail and financial services group Vendex International on June 1 was the biggest of the share flotations in 1995. Other sizeable flotations included ASM, Baan, Axxicon, Heidemij, Gucci, Computer Management Group and BE Semiconductors Industries.
For further information on the Amsterdam Exchanges NV, please contact; Thom Hoedemakers, Director of Communications, Amsterdam Exchanges NV, Buersplein 5, 1012 JW Amsterdam, Netherlands, Tel: +31 20 523 4014, Fax: +31 20 523 4950, or enter text search 'Amsterdam Exchanges NV' and 'Business Monitor'.
The content of this article is intended to a provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
