Positive sentiment turns into old-fashioned end-of-year rally

Good news is that the AEX (NL stock market) reached its highest point of this year (328,61), yesterday. Finally, the financial heavy weight ING has recapitalized itself by a successful claim emission of 7.5 billion euro. Thanks to this, ING is able to repay 5 billion eur of its government bailout, earlier this year.

The positive sentiment is based on the market's impression that this is the last major step towards full recovery of the financial sector in NL, while similar steps are taken elsewhere in the world, and the general economy's accelerating recovery.
A perfect based for an old-fashioned end-of-year stock market rally.