AEX closes 0.9 percent higher as chip stocks recover
Published on 10/16/2026 at 23:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBanks and chips shape gains
- AEX closed at 1,143 points on October 16, up 10 points or 0.9 percent.
- Chip stocks recovered as ASML rose 0.9 percent after reassuring AI demand comments.
- Universal Music led AEX gainers with a 4.3 percent rise, while Besi fell 4.8 percent.
- China releases third-quarter GDP data on October 18 at 8:00 p.m. CEST.
The AEX closed at 1,143 points on October 16, gaining 10 points or 0.9 percent. The index reached a new closing record as technology shares recovered after a turbulent week.
Universal Music Group led the gainers with a 4.3 percent rise. ASML also recovered, while Besi remained under pressure with a 4.8 percent decline.
Why did the AEX reach a new record?
The AEX benefited from broad gains across the market. AI-related shares regained ground after recent selling, while Reformatorisch Dagblad reported that ASML rose 0.9 percent after reassuring comments from Nvidia CEO Jensen Huang.
ING and ABN AMRO rose more than 1.5 percent and 1.9 percent, respectively, after Keefe, Bruyette & Woods placed the banks on its buy list, Welingelichte Kringen reported.
AEX winners and losers on Friday
Gainers and losers at the close according to De Aandeelhouder:
- Universal Music Group up 4.3 percent
- SBM Offshore up 2.4 percent
- ASMI down 1.6 percent
- Besi down 4.8 percent
Consumer goods, healthcare and telecommunications were among the strongest sectors. Advancing stocks outnumbered declining stocks 60 to 32, with 13 unchanged, Investing.com reported.
What comes next for the AEX?
October 18, 2026, 8:00 p.m. CEST: China releases third-quarter gross domestic product, industrial production and retail sales data before the next Amsterdam session, Trading Economics shows.
AEX price data for October 16, 2026
The AEX closed at 1,143 points on October 16, 2026, up 10 points or 0.9 percent versus the previous close of 1,133 points, Investing.com reported. The index reached a session high of 1,147 points.
AEX by the numbers on October 16, 2026
- Index: AEX
- Home exchange: Euronext Amsterdam, Netherlands
- Close on October 16, 2026: 1,143 points
- Change versus previous close of October 15, 2026: up 10 points (up 0.9 percent)
- Previous close: 1,133 points
- Day high / day low: 1,147 points
- Top gainer: Universal Music Group up 4.3 percent
- Top loser: Besi down 4.8 percent
- Next scheduled event: October 18, 2026, 8:00 p.m. CEST: China third-quarter GDP data
