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AEX: overextended price and uncertainty at Unilever

10 April 2017 - Redactie Boerenbusiness

Unilever, heavyweight in the AEX index, is in the middle of a takeover battle and may divest dairy brands such as Blue Band, Mona and Becel. According to Hendrik Jan Davids, asset manager at Blauwtulp, it is quite possible that these brands will actually be sold. 

According to Davids, the AEX index has slightly overstretched in recent months. However, the potential is there to break above the current resistance level, around 510 points.  

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