AEX closes at record after ArcelorMittal upgrade, gains 0.9 percent
Published on 10/09/2026 at 21:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The AEX closed on October 9, 2026, at 1,131 points, up 0.9 percent, with an intraday range of 1,125 to 1,136 points.
- ArcelorMittal led the advance, rising 5.6 percent after UBS upgraded the stock and raised its price target.
- Market breadth was positive, with 65 advancing stocks, 29 declining stocks and 9 unchanged.
- The next major scheduled event is the euro area consumer price index release on October 14, 2026, ahead of the next European policy focus.
The AEX closed at 1,131 points on October 9, 2026, up 0.9 percent from the previous session, after ArcelorMittal led gains following a UBS upgrade. TradeDirect recorded an official session range of 1,125 to 1,136 points, while Investing.com reported the 0.9 percent advance and a new closing high.
ArcelorMittal rose 5.6 percent after UBS raised its recommendation, according to Upday. The stock led the index after a difficult stretch for European steel shares.
ArcelorMittal led while chips weakened
RELX gained 5.2 percent and Wolters Kluwer rose 4.5 percent, according to Investing.com. ASML fell 1.8 percent, KPN dropped 1.8 percent and ASM International lost 1.7 percent.
Gains in basic materials, industrials and health care supported the index. Advancing stocks outnumbered decliners 65 to 29, with 9 unchanged. Tradegate also highlighted the strength of ArcelorMittal and Wolters Kluwer.
Oil and yields eased across Europe
European shares benefited from lower oil prices and bond yields after diplomatic signals reduced immediate concern over an escalation in the Middle East, Reuters reported. The AEX had already closed when the preliminary US consumer sentiment index was released at 10:00 a.m. ET, falling to 46.3 from 48.1 and missing the 47.6 forecast, according to Newsquawk.
What comes next: The next AEX session is Monday, October 12, 2026. The next major scheduled macro event documented for European markets is the September euro area consumer price index release on October 14, 2026, listed by Admirals.
