AEX index reaches new closing record on the Damrak

The AEX index reached a new closing record on Friday, rising 0.9 percent to 1142.88 points. This performance surpassed the previous record set on Wednesday, marking a positive end to a volatile trading week.

Technology stocks saw a recovery, specifically ASML, which rose 0.9 percent following reassuring comments from Nvidia CEO Jensen Huang regarding financing concerns at the data center company Coreweave. In contrast, semiconductor peers Besi and ASMI saw declines of 4.8 percent and 1.7 percent, respectively.

In the banking sector, ING and ABN AMRO were among the top gainers, rising by more than 1.5 percent and 1.9 percent after being added to a buy list by the American investment bank Keefe, Bruyette & Woods. Other notable movements included Universal Music Group, which rose 4.3 percent, and Ahold Delhaize, which gained 0.4 percent as supply issues at Albert Heijn began to resolve following a recent cybersecurity incident.

European markets also closed the week positively, with Frankfurt rising 1 percent and London and Paris seeing gains of up to 0.4 percent.