Share on LinkedInShare on LinkedIn

ARTICLE · 07 NOVEMBER 1997

October's Turbulence Meant A Busy Month For Amsterdam Exchanges

NetherlandsTax
October was a turbulent month for Amsterdam Exchanges with record price fluctuations and record turnovers. For example, 28 October, the day after trading in Wall Street was halted after the index fell 554 points, was Amsterdam Exchanges' busiest day ever. On that day shares worth 9.6bn guilders were traded on AEX Stock Exchange, while the AEX index fell more than 25 points. A day later the AEX index gained more than 43 points, the greatest points gain in history.

AEX Stock Exchange

5.1bn guilders worth of new bonds and 3.6bn guilders worth of new shares were listed on AEX Stock Exchange. The beginning of October saw the first listing of Begaclaim. Initially the price rose very rapidly, but this was later followed by a reaction. At the end of each month Holland Chemical International was introduced on the exchange at a price of 37 guilders. The first listing was 37.20 guilders. Amongst the companies to make public their intentions to try for a listing on AEX Stock Exchange were

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