The Amsterdam stock exchange reached a major milestone on Thursday as the AEX index broke through the 1,000-point mark shortly after markets opened, setting a new record high at 1,008 points.
The rally was driven largely by strong gains in technology stocks, particularly chip equipment makers such as ASML and Besi. These shares rose following positive results from major Taiwanese semiconductor firm TSMC, boosting investor confidence in the sector.
Support from heavyweight stocks including ING and Shell also contributed to the index’s upward momentum. The combined strength of technology, banking and energy stocks helped propel the AEX to this historic level.
Founded in 1983, the AEX has approached this threshold before. It briefly touched 1,000 points in August 1997, when the index was still denominated in Dutch guilders. When converted to euros, that level was equivalent to around 454 points.
The index’s long-term growth reflects a strong recovery from the sharp market downturn during the COVID-19 pandemic in 2020, when it fell below 600 points. Since then, the AEX has steadily climbed, crossing 700 points in early 2021, 800 later that year, and surpassing 900 points just over 18 months ago.
The latest record highlights the resilience of the Dutch stock market and the continued influence of global technology trends on European equities.
Amsterdam Stock Exchange Breaks 1,000-Point Barrier in Record High
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