Dutch shares lower in midday trade

Share prices were lower in midday trade, pulled down by yesterday's FOMC comments, dealers said.

Share prices were lower in midday trade, pulled down by yesterday's FOMC comments, dealers said.

At 11.41 am, the AEX index was down 6.33 points at 351.11, after opening at 347.94 and touching an intraday low of 346.68 at 9.02 am.

Government bond yields were 15-34 basis points higher, while the euro was bid at $0.9885.

The AEX was off its lows, pulled down by negative reaction on the FOMC interest rate decision and the shifting from neutrality to an 'easing bias', a trader from SNS Securities said.

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