The stock exchange in Amsterdam seems to open on Friday with a profit. Elsewhere in Europe, the stock markets are also likely to start higher. The markets are particularly looking forward to the important US job report, which will be released later in the day. Job growth plays an important role in the Federal Reserve (Fed) interest rate decision.

ABN AMRO is in the news at the Damrak. De Telegraaf reported that the bank is once again taking the new chairman from outside the company. The bank has, however, postponed the planned disclosure of the secret name because of the bank’s money laundering investigation. According to the newspaper, the presentation of the successor of departing CEO Kees van Dijkhuizen was scheduled for mid-October. Possibly this will be rescheduled with two months.

Attention is also paid to KPN. The bonus for departing financial director Jan Kees de Jager from the telecoms group is not welcomed by the Vereniging Effectenbezitters (VEB). According to De Telegraaf, the investor association criticizes the departure bonus of more than 650,000 euros, because De Jager leaves the telecom group on its own initiative.

Members of cabin trade union VNC have rejected KLM’s collective agreement proposal. In particular, the wage offer from KLM in combination with the duration was too low for the cabin employees. The cabin union is the largest of the eight unions at KLM. With the rejection, actions seem inevitable.

The Asian stock markets showed a mixed picture on Friday. The Nikkei in Tokyo ended 0.3 percent higher. The Hang Seng index in Hong Kong was down 0.6 percent in the meantime. In Shanghai, the stock market was closed due to the celebration of the 70th anniversary of the People’s Republic of China.

The European stock markets closed mixed on Thursday. The AEX index won 0.1 percent to 558.50 points and the MidKap dropped 0.2 percent to 803.24 points. The stock market in London fell 0.7 percent and Paris won 0.3 percent. The stock market remained closed in Frankfurt. Wall Street gained ground. The Dow-Jones index finished 0.5 percent higher at 26,201.04 points. The broad S&P 500 rose 0.8 percent and the technology level meter climbed 1.1 percent.

The euro was worth $ 1.0972, against $ 1.0990 a day earlier. The price of a barrel of American oil rose 0.4 percent to $ 52.66. Brent oil was 0.4 percent more expensive at $ 57.92 per barrel.

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