Share on LinkedInShare on LinkedIn

ARTICLE · 02 JUNE 1995

Low Interest Rates and Strong Dollar Bolster Share Market

NetherlandsFinance and Banking
The firming dollar (+3%) and falling capital market rates (-/-0.4 percentage points to 6.36) in May fostered an upbeat sentiment on the share market. Consequently bonds were also in demand the CBS bond index rose to a high of 113 points, while the Amsterdam EOE index broke through the 431.52 points barrier (+3.5%), taking it above 420 points for the first time since August 1994.
Turnover over the first months was a bit higher than over the same period last year: NLG573.8bn against NLG573.7bn.

Listing Baan
A high point on the primary market was the admission to listing of software house Baan Company NV. The launch raised an effective amount of NLG1.6bn. A total of NLG12.8bn in new paper was admitted to listing, of which shares accounted for NLG2.4bn. In the first five months of this year NLG49.5bn has been admitted to listing, of which NLG6.1bn in shares.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from