Business · Markets · 10 hrs ago

Shell weighs on AEX as oil prices fall sharply

Shell weighs on AEX as oil prices fall sharply

Oil prices fell sharply, but Wall Street’s main indexes ended mixed rather than gaining from cheaper oil.

In the Netherlands, the AEX closed almost unchanged on Monday.

A drop in Shell shares weighed on the AEX, where the company is a major component.

Dutch retailer Ahold Delhaize was reported as the market’s biggest faller.

In the United States, Marvell and Oracle news pressured the Nasdaq.

The market moves show that lower oil prices did not lift all shares, while company-specific news also affected trading.

No further developments were given.

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