Stock Markets June 3, 2026 12:05 PM

Amsterdam close: AEX slips 0.49% as select heavyweight stocks diverge

Basic Materials, Financials and Industrials drag index lower while ASML hits a record high

By Priya Menon SHEL ASML

Netherlands equities ended lower on Wednesday with the AEX down 0.49%. Losses were concentrated in Basic Materials, Financials and Industrials. While several large-cap names rose, a handful of stocks posted steep declines, and commodity markets saw notable moves in oil and gold prices ahead of the close.

Amsterdam close: AEX slips 0.49% as select heavyweight stocks diverge
SHEL ASML

Key Points

  • AEX closed down 0.49%, finishing at 1,043.95 after a session led lower by Basic Materials, Financials and Industrials.
  • Top performers included Shell (SHEL +1.64%), ASML (ASML +1.60% to an all-time high at 1,485.20) and ASM International (ASMI +0.99%).
  • Major decliners were Akzo Nobel (AKZO -17.22%), CVC Capital Partners (CVC -7.51%) and Prosus (PRX -5.51%); 68 stocks fell, 28 rose and 9 were unchanged.

Netherlands stocks finished the trading session lower on Wednesday, with the AEX index closing down 0.49% in Amsterdam. The pullback followed losses in several sector groups, led by Basic Materials, Financials and Industrials.

Market movers

Among individual names on the AEX, Shell PLC (SHEL) was one of the stronger performers, advancing 1.64% - up 0.61 points to close at 37.83. Semiconductor-equipment maker ASML Holding NV (ASML) added 1.60% - gaining 23.40 points to finish at 1,485.20, a move that took the stock to an all-time high. ASM International NV (ASMI) also posted gains, rising 0.99% or 8.80 points to end the day at 897.40.

Not all large caps moved higher. Akzo Nobel NV (AKZO) recorded a sharp decline, falling 17.22% - down 11.44 points to close at 55.00. CVC Capital Partners PLC (CVC) dropped 7.51% or 1.03 points to finish at 12.68, while Prosus (PRX) fell 5.51% - a decrease of 2.35 points to 40.25.

Breadth and volatility

On the Amsterdam Stock Exchange, declining issues outnumbered advancers by 68 to 28, and 9 issues ended unchanged. The AEX Volatility gauge, which measures implied volatility in AEX options, was unchanged at 21.09 - a 0.00% change from the prior reading.

Commodities and currencies

Commodity markets saw notable moves during the session. Crude oil for July delivery rose 2.31% - up $2.17 to trade at $95.93 a barrel. Brent oil for August delivery gained 1.99% or $1.91 to reach $97.91 a barrel. By contrast, the August Gold Futures contract fell 1.16% - down $52.53 to trade at $4,467.37 a troy ounce.

In currency markets, EUR/USD was unchanged 0.26% to 1.16, while EUR/GBP was unchanged 0.07% to 0.86. The US Dollar Index Futures ticked higher, up 0.29% at 99.47.

Closing snapshot

The closing print left the AEX at 1,043.95, down 5.11 points (-0.49%). The session combined pockets of strength among select blue chips with sharp single-stock declines, and commodity price moves were a notable feature of the day’s markets.


Data points and percentages reported are as stated at the close of trading on Wednesday.

Risks

  • Steep declines in individual large-cap stocks such as Akzo Nobel, CVC and Prosus represent near-term stock-specific downside risk for shareholders in the Basic Materials and Financials sectors.
  • Sector-level weakness in Industrials, Financials and Basic Materials is reflected in the index decline and could increase near-term market volatility in those areas.
  • Significant moves in oil and gold prices during the session introduce commodity-price exposure and potential input-cost or valuation uncertainties for energy and resource-linked companies.

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