laatste nieuws Arcelor Mittal

1. [verwijderd] 21 september 2007 15:53

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   21.09.07 Arcelor Mittal Interested in Yakutia's Coal Assets
   
   
   
   
   YAKUTSK, September 21. /FIS/. Representatives of the steel smelting company Arcelor Mittal are currently staying in the Yakutian city of Neryungri. The visit was caused by the interest of Arcelor Mittal in the forthcoming tender on the sale of Yakutugol's and Elgaugol's assets scheduled for October 5 and on the sale of an unfinished section of the Ulak-Elga railway.
2. [verwijderd] 24 september 2007 13:53

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   ArcelorMittal in trek op eerste dag binnen DJ Euro Stoxx 50
   AMSTERDAM (FD.nl/Betten) - ArcelorMittal is maandag voortvarend begonnen aan zijn eerste dag binnen de DJ Euro Stoxx 50, een toonaangevende graadmeter waarin de vijftig grootste bedrijven uit de eurozone zijn opgenomen. Het aandeel behoort tot de topdrie van stijgers in de lijst en noteert rond 13.30 uur 1,6% hoger.
   
   Ook de Franse ondernemingen Schneider Electric en Vinci zijn aan de lijst toegevoegd. De laatste neemt de koppositie in, met een winst van 1,75%. Schneider (-2,8%) bungelt daarentegen onderaan de index en moet alleen Fortis (-3,5%) voor laten gaan.
   
   Ahold, Allied Irish Banks en LaFarge zijn uit de lijst geschrapt. De veranderingen waren al aangekondigd op 4 september.
   
   Maud van Gaal
   m.vangaal@tijdbeursmedia.nl
   
   (c) Het Financieele Dagblad in samenwerking met Betten Beursmedia News (contact: webred@fd.nl/ 020-5928456)
   
   
3. [verwijderd] 24 september 2007 16:36

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   Sonasid of Morocco Profit Rises 52% on Higher Demand for Steel
   
   By Tarek Halim
   
   Sept. 24 (Bloomberg) -- Societe Nationale de Siderurgie, a Moroccan subsidiary of Arcelor Mittal, said first-half profit rose 52 percent as demand for steel in residential construction increased.
   
   Net income rose to 495 million dirhams ($61.9 million), the Casablanca-based company, known as Sonasid, said in a statement published in the L'Economiste newspaper today. Sales gained 21 percent to 3.27 billion dirhams and operating profit advanced 38 percent to 669 million dirhams.
   
   Demand for construction steel in Morocco rose 22 percent in the first half as more housing and infrastructure was built, the company said.
   
   Sonasid shares have risen 48 percent this year to 3,060 dirhams, valuing the company at 11.9 billion dirhams.
4. [verwijderd] 24 september 2007 16:37

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   Hunan Valin to Buy 55% Stake in Rival Steelmaker Jiangsu Xigang
   
   By Helen Yuan
   
   Sept. 22 (Bloomberg) -- Hunan Valin Steel Tube & Wire Co., a Chinese steelmaker partly owned by ArcelorMittal, said its parent plans to buy 55 percent of rival Jiangsu Xigang Group Co. in cash.
   
   Valin Steel didn't disclose a price for the transaction in a statement to the Shanghai stock exchange today. The parent, Hunan Valin Iron & Steel Group, pledged to sell Xigang, a specialty steel unit of China Resources Group, to the publicly traded Valin Steel within three years, the statement said.
   
   China's government is encouraging mergers among the nation's steelmakers to create bigger companies and boost their bargaining power with suppliers of raw materials including iron ore.
   
   Wuxi, Jiangsu province-based Xigang was acquired by China Resources in 2005. The steelmaker, with annual crude-steel production capacity of 500,000 metric tons, makes bearing steel, spring steel, steel rods and seamless steel tubes, the statement said. It had a profit of 67.5 million yuan ($9 million) on sales of 2.53 billion yuan in 2006.
   
   The Valin Group, China's 10th-biggest steelmaker by output, produced 9.91 million tons of crude steel last year. Valin Steel will coordinate with Xigang on raw-material purchases and the marketing of steel products to reduce competition, according to the statement.
   
   ArcelorMittal, the world's largest steelmaker, won government approval to pay about 1.15 billion yuan to increase its stake in Valin Steel to 33.3 percent from 29.5 percent, the Chinese steelmaker said July 21.
5. [verwijderd] 24 september 2007 16:40

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   Tis te flauw voor woorden, maar ik doe al ruim een week wedstrijdje tussen MT en NYX, vandaag ligt NYX weer op kop positie ;-)
6. viermeiden 24 september 2007 16:55

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   quote:

   gripzool schreef:

   Tis te flauw voor woorden, maar ik doe al ruim een week wedstrijdje tussen MT en NYX, vandaag ligt NYX weer op kop positie ;-)
   

   Beste Gripzool,
   
   laat zo maar kop over kop nog enige tijd laten doorracen!
   
   AMS blijft een geweldige investering!
   
   viermeiden
7. [verwijderd] 24 september 2007 16:59

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   ik doe een wedstrijd tussen TTM en MT, wie is het snelst bij de 60 euro!
8. [verwijderd] 26 september 2007 08:05

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   08:03 *ARCELOR MITTAL HERSTRUCTUREERT KAPITAAL ARCELOR
   meer volgt
9. [verwijderd] 26 september 2007 08:52

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   Een enorme lap tekst, hier alleen een klein stukje + linkje
   
   Persbericht ArcelorMittal - tweede stap in fusieproces
   AMSTERDAM (FD.nl/Betten) - Hier volgt de tekst van het persbericht van ArcelorMittal.
   
   ArcelorMittal Provides Further Information Relating To Second-
   Step Merger
   Luxembourg, 26 September 2007 ArcelorMittal and Arcelor today announce further details on the
   merger of ArcelorMittal into Arcelor and the upcoming publication of the legal documentation relating
   to this merger.
   
   www.fd.nl/ShowNews.asp?Context=N%7C2&...
10. [verwijderd] 26 september 2007 08:53

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    Verkort bericht:
    
    ArcelorMittal herstructureert aandelenkapitaal Arcelor
    AMSTERDAM (FD.nl/Betten) - ArcelorMittal en Arcelor hebben besloten het aandelenkapitaal van Arcelor te herstructureren in het kader van de juridische fusie tussen Mittal Steel en Arcelor. Dat hebben de partijen bekend gemaakt in aanloop naar de tweede stap in de juridische fusie van de bedrijven.
    
    Doel van de herstructurering van het aandelenkapitaal is om een-op-een ruilverhouding te hebben in de fusie. Daarom worden iedere 7 pre-herstructurering aandelen Arcelor omgeruild voor 8 Arcelor-aandelen na de herstructurering. Daarmee zou de ruilverhouding bij de fusie resulteren in een nieuw aandeel Arcelor voor ieder ArcelorMittal-aandeel.
    
    Een aantal minderheidsaandeelhouders Arcelor protesteerde eerder dit jaar omdat zij het niet eens waren met de aandelenruil van 8 aandelen Arcelor Mittal voor 7 aandelen Arcelor. Bij het bekendmaken van de fusie werden nog 11 aandelen Mittal geboden voor 7 aandelen Arcelor. Een rechter in Parijs en een rechter in Rotterdam wezen de aanklachten af.
    
    Na de fusie, die per 3 september effectief werd, is ArcelorMittal officieel een Luxemburgse onderneming. De tweede stap van de fusie, waarbij ArcelorMittal fuseert met Arcelor, vindt zoals gezegd binnenkort plaats.
    
    Sinds 3 september wordt het aandeel ArcelorMittal verhandeld aan de beurs van Euronext Amsterdam, Euronext Brussel en Euronext Parijs en in Luxemburg. Verder wordt het aandeel nog verhandeld in Barcelona, Bilboa, Madrid en Valencia. Sinds 4 september wordt het aandeel in New York verhandeld.
    
    (c) Het Financieele Dagblad in samenwerking met Betten Beursmedia News (contact: webred@fd.nl/ 020-5928456)
    
    
11. [verwijderd] 26 september 2007 12:37

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    ArcelorMittal to invest in Lianyuan's expansion
    26 Sep, 2007, 1439 hrs IST, PTI
    
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    NEW DELHI: NRI steel baron L N Mittal-run ArcelorMittal and China's Valin Group will fund a new 4.4-MT strip mill and a 2-MT cold rolled steel mill of Lianyuan Steel, a company in which the two jointly hold 88.3 per cent stake through JV company, Valin Steel Tube and Wire.
    
    The new hot mill project is expected to receive approval from the National Development and Reform Commission within the next few months and the mill could be commissioned as early as July 2009, Steel Business Briefing (SBB) reports quoting a Lianyuan Steel official.
    
    The new cold mill is scheduled to be brought on stream around 2010, as a downstream facility serviced by the new hot mill. Output from the two mills would mostly target the automotive sector and the CR mill may produce two lakh tons per annum of NGO silicon steel, it said.
    
    The Valin Group and ArcelorMittal will directly invest in the two mills, SBB said quoting another Lianyuan Steel official. However, the official refused to disclose the investment figure, saying that the Valin Group will share a major portion of the planned outlay, it said.
    
    ArcelorMittal holds a 29.48 per cent stake in Valin Steel Tube & Wire, while the Valin Group holds 30.29 per cent.
    
    Currently, Lianyuan Steel operates a 2.4-MT hot strip mill, a 1.5 MT CR mill, a 300,000-tonne HDG line as well as a 2-MT of long product capacity, SBB added.
12. [verwijderd] 26 september 2007 12:38

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    EU opens inquiry into 26 mln eur aid for Mittal Steel Romania ops
    September 26, 2007: 06:00 AM EST
    
    BRUSSELS, Sep. 26, 2007 (Thomson Financial delivered by Newstex) -- The European Commission said it has opened an inquiry into aid of up to 26 mln eur allegedly given by the Romanian government to Mittal Steel (OOTC:AMSAF) (NYSE:MT) Roman, formerly known as Petrotub.
    
    The commission said its investigation will look at 'the fact that several public authorities agreed to waive and reschedule part of their outstanding debts' in the context of the privatisation of the company in 2003.
    
    It said in a statement: 'Several public authorities agreed to waive outstanding debts of around 25 mln eur and to reschedule debts of 0.52 mln before the company was sold off. These waivers and rescheduling potentially constitute state aid.'
    The commission added Romanian authorities argue the privatisation, taking into account the waivers and debt rescheduling, was 'economically more advantageous for the state than the liquidation of the company'.
    
    The authorities therefore maintain the state had acted as a market economy operator when waiving and rescheduling the debts, trying to achieve the best economic result.
    
    But the commission admitted it has 'doubts' the privatisation was economically more advantageous for the public authorities than the liquidation of the company.
    
    'First, the commission doubts that all public authorities together can be regarded as a single creditor. Rather, the privatisation would have to be the more advantageous solution for each of them. Second, the commission questions the calculation of the liquidation costs as presented by the Romanian authorities,' the Brussels-based executive said.
    
    The measures were granted before Romania's accession to the EU in 2007; however, Mittal Steel Roman operates in the steel sector and the Romanian accession treaty contains specific provisions that enable the commission to control aid granted for restructuring of the steel industry even before accession.
    
    Mittal Steel Roman is a producer of pipes and tubes located in Roman, Romania. Before its privatisation, the company was majority owned by the state.
    
    sz/ms1
    Copyright Thomson Financial News Limited 2007. All rights reserved.
13. [verwijderd] 26 september 2007 13:40

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    uitgebreid
    
    
    
    EC onderzoekt staatssteun Mittal Steel
    26 Sep 07, 13:10
    BRUSSEL (ANP-AFX) - De Europese Commissie stelt een onderzoek in naar mogelijke schending van de regels door Roemenië bij het verstrekken van staatssteun aan een lokaal onderdeel van staalconcern Mittal Steel. Dat heeft het dagelijks bestuur van de Europese Unie woensdag bekendgemaakt.
    
    Roemenië ging vier jaar geleden mogelijk over de schreef door een schuld van het bedrijf ter waarde van 26 miljoen euro kwijt te schelden dan wel de aflossing ervan uit te stellen. Dat gebeurde toen het bedrijf werd geprivatiseerd.
    
    De dochter, Mittal Steel Roman, zal het bedrag terug moeten geven als de Europese Commissie de handelingen illegaal vindt. Mittal Steel Roman is inmiddels opgegaan in de nieuwe combinatie Arcelor Mittal, waarvan de fusieprocedure bijna is afgerond.
    
    
    
14. [verwijderd] 26 september 2007 16:57

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    Europe’s Newest Hot Mill Starts for ArcelorMittal
    
    The new hot-rolling mill supplied by Siemens to Mittal Steel Poland on a turnkey basis started-up late in June.
    
    A new hot-strip mill supplied by Siemens Metals Technologies (www.siemensvai.com) to ArcelorMittal at its flat-rolling operation in Cracow, Poland, one month sooner than the agreed completion date for the turnkey project.
    
    It is the first all-new hot-strip mill completed in Europe in over a decade, according to Siemens, and gives ArcelorMittal a rolling capacity of 2.4 million metric tons/year.
    
    At 2,100 mm wide, it’s also one of the widest hot-strip mills in Europe.
    
    Siemens Metals Technologies designed the mill and supplied it complete with all the electrical, drives, and automation systems, as well as a new roll-shop and water-treatment equipment.
    
    The installation included a new reheat furnace, a four-high reversing roughing stand with hydraulic upsetting capability, an insulating tunnel (“Encopanel”), and a crop shear. The six-stand finishing train is outfitted with Siemens SmartCrown” work-rolls, with a wide range of adjustability for profile and flatness control. Finishing is followed by a laminar cooling section with fast-adjusting “SmartCoolers” for precise process control of strip cooling.
    
    At the run-out end, two “PowerCoilers” with four wrapper rolls apiece ensure accurate coil winding. ArcelorMittal Poland produces 35-mt coils of strip up to 2,100 mm wide, down to 1.2 mm thick.
    
    by Metal Producing & Process (mppstaff@penton.com)
15. viermeiden 27 september 2007 12:21

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    L.s.,
    ArcelorMittal's update on second step of merger
    
    ArcelorMittal and Arcelor have announced further details on the merger of ArcelorMittal into Arcelor and the upcoming publication of the legal documentation relating to this merger. Following effectiveness of the merger of Mittal Steel Company NV into ArcelorMittal on September 3rd 2007, this merger constitutes the second step of the previously announced two-step merger process between Mittal Steel and Arcelor.
    
    The release said that on May 16th 2007, Mittal Steel, ArcelorMittal and Arcelor announced that they would propose to the shareholders of ArcelorMittal and Arcelor to implement the second-step merger based on a ratio of 7 Arcelor shares for every 8 ArcelorMittal shares.
    
    It added that on September 25th 2007, the boards of directors of ArcelorMittal and Arcelor unanimously decided that
    1. To restructure the share capital of Arcelor prior to the effectiveness of the second-step merger so as to have a one to one exchange ratio in the merger and thus limit the effect of the merger on the ArcelorMittal share price and hence its comparability pre and post merger; this restructuring will take the form of an exchange of every 7 pre-restructuring Arcelor shares for 8 post-restructuring Arcelor shares, mechanically resulting in an adjusted merger exchange ratio of one new Arcelor share for every one ArcelorMittal share without any economic effect on Arcelor or ArcelorMittal shareholders;
    2. To approve the documentation relating to the second-step merger, including the European prospectus to be approved by the Luxembourg Commission de Surveillance du Secteur Financier and the preliminary US proxy statement/prospectus to be registered on Form F-4 with the US Securities and Exchange Commission;
    3. To convene on November 5th 2007 the Arcelor and ArcelorMittal extraordinary general meetings to vote, among other things, on the merger.
    
    The release said that ArcelorMittal and Arcelor shareholders would each be asked to vote on the merger at their respective extraordinary general meetings of shareholders, both to be held on November 5th 2007 in Luxembourg. The extraordinary general meeting of Arcelor will also resolve, among other items, on the share capital restructuring and the renaming of Arcelor to ArcelorMittal.
    
    The release added that “If the merger is duly approved by the Arcelor and ArcelorMittal shareholders and all other conditions precedent have been satisfied or waived, the merger of ArcelorMittal into Arcelor is expected to be effected on or about November 13th 2007. Upon the effective date, the Arcelor shares that will be issued in this second step merger will be listed on the same exchanges as those on which Arcelor shares are currently traded. Arcelor shares will also be listed on Euronext Amsterdam by NYSE Euronext and the New York Stock Exchange on the effective date so that after the merger the Arcelor shares will be listed on all exchanges where ArcelorMittal shares are currently listed.”
    
    bron: www.steelguru.com
    
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16. viermeiden 27 september 2007 21:19

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    L.s.,
    
    de mooiste zin uit onderstaan artikel:
    
    'ArcelorMittal is growing and expanding like a weed.'!!
    
    Zacks Buy List Highlights: Trimble Navigation, Harsco Corporation, ArcelorMittal and Volt Information Sciences 1:43 PM ET, 27 September 2007
    
    CHICAGO--(BUSINESS WIRE)--
    
    Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Trimble Navigation (Nasdaq: TRMB), Harsco Corporation (NYSE: HSC), ArcelorMittal (NYSE: MT) and Volt Information Sciences, Inc. (NYSE: VOL).
    
    Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.2% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled -37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: at.zacks.com/?id=88
    
    .
    
    Momentum - ArcelorMittal (NYSE: MT)
    
    ArcelorMittal is growing and expanding like a weed. Robust steel demand is allowing the company to expand dramatically. Earnings estimates are also rising. Over the past 90 days, this year's estimates have increased 92 cents to $6.91 per share. The stock has an unbelievable ROE of 64%, well above the industry average of 18%. Technically, the stock is looking good, trading at all-time highs.
    
    Laat maar groeien dan onkruid!
    
    Voor het hele artikel zie onderstaan link.
    
    Bron: stocks.us.reuters.com/stocks/article....
    
    viermeiden
    
    
17. viermeiden 27 september 2007 21:22

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    quote:

    viermeiden schreef:

    L.s.,
    
    de mooiste zin uit onderstaan artikel:
    
    'ArcelorMittal is growing and expanding like a weed.'!!
    
    Zacks Buy List Highlights: Trimble Navigation, Harsco Corporation, ArcelorMittal and Volt Information Sciences 1:43 PM ET, 27 September 2007
    
    CHICAGO--(BUSINESS WIRE)--
    
    Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today are Trimble Navigation (Nasdaq: TRMB), Harsco Corporation (NYSE: HSC), ArcelorMittal (NYSE: MT) and Volt Information Sciences, Inc. (NYSE: VOL).
    
    Stocks ranked #1 (Strong Buy) by Zacks have produced an average annual return of +32.2% since inception in 1988. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8% while the S&P 500 tumbled -37.6%. To see the full Zacks #1 Rank (Strong Buy) List, or the rank for any other stock, visit: at.zacks.com/?id=88
    
    Momentum - ArcelorMittal (NYSE: MT)
    
    ArcelorMittal is growing and expanding like a weed. Robust steel demand is allowing the company to expand dramatically. Earnings estimates are also rising. Over the past 90 days, this year's estimates have increased 92 cents to $6.91 per share. The stock has an unbelievable ROE of 64%, well above the industry average of 18%. Technically, the stock is looking good, trading at all-time highs.
    
    Laat maar groeien dan onkruid!
    
    Voor het hele artikel zie onderstaan link.
    
    Bron: stocks.us.reuters.com/stocks/article....
    
    viermeiden
    
    

18. [verwijderd] 28 september 2007 00:55

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    Anger over China steel imports
    
    By Peter Marsh in London and Andrew Bounds in Brussels
    
    Published: September 27 2007 22:07 | Last updated: September 27 2007 22:07
    
    Europe’s steel industry is to call for anti-dumping measures against imports of Chinese steel.
    
    An industry trade body is poised to file a complaint to the European Union that a surge in imports has been unfairly fuelled by Chinese government subsidies.
    
    The move is likely to raise sharply the temperature of global trade disputes related to the fast-growing Chinese steel industry.
    
    Philippe Varin, chief executive of Corus, the Anglo-Dutch steelmaker, told the Financial Times that the amount of Chinese-made steel reaching Europe was likely to double this year from 2006. These imports were “becoming a threat” to the health of the European steel industry.
    
    Eurofer, the Brussels-based industry body, was preparing a file of complaints about unfair Chinese pricing, he said. This was likely to be presented to the trade directorate of the European Commission in the next three weeks.
    
    “A lot of growth in Chinese steel production and exports has been helped by [government] subsidies,” Mr Varin said.
    
    Eurofer is expected to argue that Chinese companies have exported round the world at prices that do not reflect costs.
    
    Peter Mandelson, trade commissioner, has warned China several times in recent months that the surge is unsustainable. Chinese efforts to rein in production by eliminating some subsidies have had little effect.
    
    “This is a difficult issue and one we have raised with the Chinese on several occasions. If an anti-dumping case is filed we will investigate thoroughly,” Mr Mandelson’s spokesman said.
    
    EU officials believe, however, that a complaint from the steel sector would not necessarily lead to trade restrictions. Many other industries that use steel, such as engineering and construction, are likely to be in favour of Chinese steel imports.
    
    This year Eurofer estimates Chinese steel imports into the EU this year will total 10m tonnes, compared with 5m tonnes last year and 1m tonnes in 2005.
    
    This year’s total is expected to be about a third of all imports into the EU. European companies fear such a surge could lead to lower European steel prices, which have been high for several years.
    
    In the past decade China’s steel industry has expanded rapidly and is by far the world’s biggest producer, responsible for more than a third of global output.
    
    Two months ago, the US steel industry said China’s steel companies had benefited from $52bn (£26bn) of government subsidies in recent years. In a report, it said the subsidies had had a “pervasive influence” and enabled China’s industry to grow so fast.
    
    Until now, however, Europe has failed to follow the same tough line, and as a result there are no restrictions on imports.
    
    Copyright The Financial Times Limited 2007
19. voda 28 september 2007 15:24

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    Persbericht ArcelorMittal - stopzetten jv met ThyssenKrupp
    AMSTERDAM (FD.nl/Betten) - Hier volgt de tekst van een persbericht van ArcelorMittal
    
    ArcelorMittal and ThyssenKrupp Steel announce Closure of Joint E-Commerce Platform
    
    Luxembourg/Duisburg, 28 September 2007 - ArcelorMittal and ThyssenKrupp Steel today announce
    the closure, by the end of September 2007, of the e-commerce platform STEEL24-7 the two
    companies were running jointly.
    The decision to close STEEL24-7 was taken by the Board of Directors of STEEL24-7 at a meeting in
    Düsseldorf on August 27, and confirmed by a special shareholders meeting in Brussels on
    September 28. Employees of the company were informed as from July about the impending decision.
    The platform was created in 2001 by the four largest European steel producers together. The
    ambition was to serve as many steel customers and suppliers as possible via one common and
    mutually used electronic platform.
    Since then, both the evolution of information technology and the fast-paced consolidation of the steel
    industry have given a decisive competitive edge to more individualised solutions, thus making the
    original concept of STEEL24-7 obsolete.
    Therefore, ArcelorMittal and ThyssenKrupp Steel have agreed to close the platform and develop their
    own e-commerce solutions.
    Both companies customers are in the meantime being familiarized with these solutions.
    STEEL24-7 had about 700 registered customers from 37 countries and had been used for more than
    one million transactions.
    
    (c) Het Financieele Dagblad in samenwerking met Betten Beursmedia News (contact: webred@fd.nl/ 020-5928456)
    
    
20. voda 1 oktober 2007 17:11

    auteur info

    • voda

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    Publicatiedatum: 1-10-2007 10:30
    
    'Amateurs' verslaan beursexperts
    De lezers van website IEX hebben de experts afgelopen maand met grote cijfers verslagen. Zij wisten voor september de stijgers en dalers op de Nederlandse beurs veel beter te voorspellen dan de beroepsgroep. De somberheid van de professionals is niet bewaarheid geworden.
    
    Dat was vooral te wijten aan Randstad. Terwijl de experts groot vertrouwen hadden in dit aandeel moest het fonds 7,7% prijsgeven. De amateurs hadden daarentegen Arcelor Mittal geselecteerd als topper. Dit fonds wist 14,7% bij te schrijven.
    
    De somberheid van de experts is afgelopen maand niet bewaarheid. Tegen de verwachting in steeg de AEX-index met 3,5% en is daarmee weer op hetzelfde niveau als eind mei.
    
    Voor oktober zijn er precies evenveel optimisten als pessimisten. De eersten laten zich leiden door een verwacht herstel van de financiële waarden en door de bescheiden waarderingen.
    
    Volgens de pessimisten is de stijging te fors geweest en zal er een technische correctie komen. Ook zal er naar hun idee nog meer subprime-ellende komen bijdrijven en verwachten zij slechtere macrocijfers uit de Verenigde Staten.
    
    Frits Conijn
    conijn@fd.nl
    
    Copyright (c) 2007 Het Financieele Dagblad