The share of biotechnology company Galapagos was popular on Monday at the Amsterdam stock exchange following a mega deal with collaboration partner Gilead Sciences. The European stock exchanges were in the green. The stock market trade was mainly dominated by the quarterly season, which is starting this week.

The AEX index on Beursplein 5 was 0.4 percent higher in the morning trade at 569.61 points. The MidKap climbed 0.9 percent to 807.84 points. The stock exchange in Frankfurt gained 0.7 percent and Paris rose 0.3 percent. The London FTSE index won 0.1 percent.

Galapagos increased more than 17 percent in the AEX and reached the highest rate ever. The US pharmaceutical group Gilead will not make a takeover bid for the biotechnologist in the coming ten years, but will purchase access and access to the company’s current and future research and clinical programs. Gilead also increases its shareholding. Gilead immediately pays nearly $ 4 billion and invests $ 1.1 billion in Galapagos shares. This increases the participation from 12.3 percent to 22 percent.

Oil and gas group Shell was the largest fall among the main funds with a loss of 0.6 percent. In the MidKap, cable and telecom group Altice Europe led with a plus of 3 percent. Soil researcher Fugro closed the line with a minus of 0.4 percent.

AB InBev fell 1.8 percent in Brussels. The world’s largest beer brewer is not bringing its Asian division to the stock market for the time being. The upcoming IPO of Budweiser Brewing Company (BBC) was scheduled for July 19 and would yield nearly $ 10 billion.

The French automaker PSA Peugeot Citroën won 0.7 percent in Paris after the publication of the sales figures for the first half of the year. Aircraft manufacturer Airbus climbed 1.3 percent. According to business newspaper The Wall Street Journal, the troubled 737 MAX of American rival Boeing will remain on the ground until at least 2020.

The euro was worth $ 1,1278 against $ 1,1255 on Friday. The price of a barrel of American oil fell 0.1 percent to $ 60.17. Brent oil became a fraction more expensive at $ 66.73 per barrel.

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