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 the German chemical concern Benckiser, the computer services company Unit 4 and the travel agency ATP. Nedgraphics declared itself a candidate for New Market Amsterdam (NMAX).
Active trading on AEX Stock Exchange meant high turnover figures. In total 235.7 bn guilders worth of shares and bonds were traded in the first month, a rise of 35% over the figure for October 1996.
In the twelve month period beginning October 1996, the Dutch Top5 index was AEX Stock Exchange's best performing index. This index, which includes Akzo Nobel, KLM, Royal Dutch, Philips and Unilever, climbed more than 74% in the period.
AEX Options Exchange
5.1mn contracts were traded on AEX Options Exchange in October, an increase of 60% on the figure for October 1996. Premium turnover doubled in the period, reaching 11.5bn guilders in October 1997.
AEX Agricultural Futures Market
Some 11,200 contracts were traded on this market in October, an increase of 32% on the corresponding month in the previous year. Particularly striking was the huge rise in the number of potato contracts traded, up 121% to 5,251.
Monthly statistics Amsterdam Exchanges - October 1997
Indices Oct '97 Oct '96 change end '96 change
AEX 860 577 49.0% 648 32.60%
AMX 1,327 899 47.5% 938 41.47%
TOPS 1,571 903 74.1% 1,024 53.42%
E100 2,108 1,476 42.9% 1,613 30.69%
AEX-Effectenbeurs Oct '97 Oct '96 change
Turnover (in Dfl, mln)
Shares 116,347 63,116 84.3%
Bonds 119,286 112,143 6.4%
NMAX 55 - 0.0%
Total 235,688 175,259 34.5%
Transactions
Stocks 738,618 451,216 63.7%
Bonds 31,769 39,624 -19.8%
NMAX 4,785 - 0.0%
Total 755,172 490,840 57.9%
AEX-Clearing & Depository Oct '97 Oct '96 change
Transactions
Clearing & Depository 742,514 454,639 63.3%
ASAS 21,922 26,974 -18.7%
AEX-Optiebeurs Oct '97 Oct '96 change
Premium turnover (in Dfl. mln)
Indices 5,448 2,267 140.3%
Shares 5,987 2,669 124.3%
Other 78 76 2.3%
Total 11,513 5,012 129.7%
Contracts
Indices 853,325 690,128 23.6%
Shares 388,282 2,271,779 70.9%
Futures 285,164 152,701 86.7%
Other 82,198 78,526 4.7%
Total 5,103,511 3,193,134 59.8%
Exercised contracts
Indices 56,104 41,722 34.5%
Shares 455,883 198,590 129.6%
Futures 5,120 2,292 123.4%
Other 8,347 10,590 -21.1%
Total 525,454 253,194 107.5%
AEX-Agrarische Termijranarkt Oct '97 Oct '96 change
Contracts
Live Hogs 5,771 5,986 -3.6%
Potatoes 5,251 2,372 121.4%
Piglets 227 160 41.9%
Total 11,249 8,518 0.32%
AEX Effectenbeurs
Turnover Oct 97 Oct 96 change
(in Dfl. Mln)
Stocks 969,998 528,310 83.6%
Bonds 968,454 1,138,304 -14.9%
NMAX 313 - 0.0%
Total 1,938,765 1,666,614 16.3%
Y.T.D. '97 Y.T.D. '96 change
Transactions (in Dfl. mln)
Stocks 6,646,393 3,663,312 81.4%
Bonds 346,572 382,077 -9.3%
NMAX 30,949 - 0.0%
Total 7,023,914 4,045,389 73.6%
AEX-Clearing & Depository Y.T.D. '97 Y.T.D. '96 change
Transactions
Clearing & Settlement 6,687,397 3,708,562 80.3%
ASAS 296,670 216,562 37.0%
AEX-Optiebeurs Y.T.D. '97 Y.T.D. '96 change
Premium turnover (in Dfl. mln)
Indices 38,885 12,255 217.3%
Shares 61,705 17,270 257.3%
Other 1,256 787 59.6%
Total 101,846 30,312 236.0%
Contracts
Indices 7,551,285 5,684,419 32.8%
Shares 31,918,826 15,307,557 108.5%
Futures 2,180,309 1,271,621 71.5%
Other 1,040,572 1,059,253 -1.8%
Total 42,690,992 23,322,850 83.0%
Exercised contracts
Indices 473,281 282,535 67.5%
Shares 2,146,470 1,332,616 61.1%
Futures 57,306 40,681 40.9%
Other 92,926 136,938 -32.1%
Total 2,769,983 1,792,770 54.4%
AEX-Agrarische Termijnmarkt Y.T.D. 97 Y.T.D. '96 change
Contracts
Live Hogs 50,898 44,163 15.3%
Potatoes 63,792 68,636 -7.1%
Piglets 2,361 2,245 5.2%
Total 117,051 115,044 1.7%
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.
