AEX-Effectenbeurs
On AEX-Effectenbeurs this month the value of bonds admitted to listing totalled f 5.5bn. Notable new listings included a package of bonds backed by mortgages listed under the name European Mortgage Securities (EMS), a company set up especially for this purpose by ABN AMRO. In the month September, EMS bonds valued at f 1.9bn were admitted to listing by Amsterdam Exchanges.
The value of shares admitted to listing in September totalled f 1.8mn. Interesting newcomers included the admission of the stock UCC to Amsterdam's New Market (NMAX) and the listing of the Postbank IT Fund, the Postbank's first theme-based investment fund.
Heavy trading in shares and bonds on the AEX-Effectenbeurs generated heavy turnovers. A total of f 165.9 million in shares and bonds changed hands this past months, an increase of 17% in comparison with the same month in 1996.
The Dutch Top 5 index was September's best performing index on Amsterdam Exchanges. The Top 5, which measures the performances of Akzo Nobel, KLM, Royal Dutch Philips and Unilever rose by 9.1% to close at 1663.16 on 30 September. The FTSE Eurotop 100 index also did well this month, posting a net gain of 8.1% to close at 2309.12.
AEX-Optiebeurs
September turnover on the AEX-Optiebeurs amounted to 3.6 million contracts, an increase of 77% in comparison with September 1996. Premium turnover in the same period rose by more than 200% to f7.4bn.
In September, the option on ABN AMRO was the most actively traded individual equity option in Europe with a turnover of over 749,00 options. The second most actively traded individual equity option on the Amsterdam Exchanges was the AEX-index option, which achieved a turnover of 651,000 contracts, up 35% from the level recorded in September 1996.
AEX-Agrarische Termijnmarkt
Amsterdam's Agricultural Futures Market this month achieved a turnover of just under 9,983 contracts, 34% more than in the same period last year. There was a marked increase in the number of potato contracts traded: turnover in this segment of the market rose by 152% to 5,743.
Monthly statistics Amsterdam Exchanges - September 1997
Indices Sept '97 Sept '96 change end '96 change AEX 920 577 59.5% 648 41.92% AMX 1,470 892 64.7% 938 56.69% TOPS 1,663 907 83.3% 1,024 62.38% E100 2,309 1,472 56.9% 1,613 43.14% AEX-Effectenbeurs Sept '97 Sept '96 change Turnover (in Dfl, mln) Shares 84,202 51,022 65.0% Bonds 81,648 91,043 -10.3% NMM 38 - 0.0% Total 165,888 142,065 16.8% Transactions Stocks 560,537 344,469 62.7% Bonds 26,816 33,020 -18.8% NMAX 3,406 - 0.0% Total 590,759 377,489 56.5% AEX-Clearing & Depository Sept '97 Sept '96 change Transactions Clearing & Depository 563,887 344,469 61.1% ASAS 18,074 17,358 4.1% AEX-Optiebeurs Sept '97 Sept '96 change Premium turnover (in Dfl. mln) Indices 3,647 934 290.5% Shares 3,582 1,450 147.0% Other 130 57 126.3% Total 7,359 2,441 201.4% Contracts Indices 877,482 523,726 29.4% Shares 2,604,290 1,284,161 102.8% Futures 210,959 130,507 61.6% Other 76,656 81,085 -5.5% Total 3,569,387 2,019,479 76.7% Exercised contracts Indices 33,552 21,086 59.1% Shares 140,729 52,116 170.0% Futures 5,713 5,483 4.2% Other 7,604 11,983 -36.5% Total 187,598 90,668 106.9% AEX-Agrarische Termijranarkt Sept '97 Sept '96 change Contracts Live Hogs 4,159 5,087 -18.2% Potatoes 5,743 2,275 152.4% Piglets 81 100 -19.0% Total 9,983 7,462 33.8% Turnover Sept 97 Sept 96 change (in Dfl. Mln) Stocks 843,026 465,194 81.2% Bonds 839,908 1,026,161 -18.2% NMAX 258 - 0.0% Total 1,683,192 1,491,355 12.9% AEX-Effectenbeurs Y.T.D. '97 Y.T.D. '96 change Transactions (in Dfl. mln) Stocks 5,907,775 3,212,096 83.9% Bonds 314,803 342,453 -8.1% NMAX 26,164 - 0.0% Total 6,248,742 3,554,549 75.8% AEX-Clearing & Depository Y.T.D. '97 Y.T.D. '96 change Transactions Clearing & Settlement 5,944,883 3,253,923 82.7% ASAS 274,748 189,588 44.9% AEX-Optiebeurs Y.T.D. '97 Y.T.D. '96 change Premium turnover (in Dfl. mln) Indices 33,437 9,989 234.8% Shares 55,717 14,601 281.6% Other 1,179 711 65.7% Total 90,333 25,301 257.0% Contracts Indices 6,697,960 4,994,291 34.1% Shares 28,036,002 13,035,778 115.1% Futures 1,895,145 1,118,920 69.4% Other 958,374 980,727 -2.3% Total 37,587,481 20,129,716 86.7% Exercised contracts Indices 417,177 240,813 73.2% Shares 1,690,587 1,134,026 49.1% Futures 52,186 38,389 35.9% Other 84,579 126,348 -33.1% Total 2,244,529 1,539,576 45.8% AEX-Agrarische Termijnmarkt Y.T.D. 97 Y.T.D. '96 change Contracts Live Hogs 45,127 38,177 18.2% Potatoes 58,541 66,264 -11.7% Piglets 2,134 2,085 2.4% Total 105,802 106,526 -0.7%
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Thom Hoedemakers, Amsterdam Exchanges AEX Amsterdam: 00 31 20 550 4540 or Paddy Manning, St James Corporate Communications London: 44 171 436 4101.