Stock market
Today I have read an article about the global stock markets which have increased significantly during the last three to five weeks. After tubleing up and down for over a year now the global markets averaged profits of around 8 to 15 percent over the last weeks. The Dutch AEX-Index grew with 8.2 percent in the last five weeks. Brining the index to 352 points, which can be called said. Especially when looking back on a year opening of 342 and a year low of 301 giving the index a total year spread of only 51 points. Which brings it in the top 5 lowest changes of the index all time. Last year the index started at around 240 points, then dropped rapidly to 198, beginning of march, at the end of may the index was already 250 points and it ended the year at 342 points. Giving the Index an annual profit of almost 40 percent.
The year highs where a result of a small drop in jobless claims (USA) and a higher profit forecast by FedEx Corp. The Labor Department said first-time claims for jobless benefits fell last week to around 420,000, the third drop in four weeks. The four-week average of claims also slid for the sixth straight week, reaching the lowest level since July 2008. That was before Lehman Brothers collapsed and markets seized up at the height of the financial crisis. The jobless claims are a good indication of the level of the economy in the United states. Therefore analysts are expecting better than expected sales figures for next year’s quarters because consumers are willing to spend money again. Which bring expectations among investors at the highest in two years. Expectations for the AEX Index for the year 2011 are that the index will grow from 10 to 80 percent annually.
That is why I want to recommend all readers to take a closer look at the Dutch stock markets, and start investing!!
Thanks for reading, Ralph Poppelaars
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