Traditionally at the end of last year most people made New Year’s resolutions full of good intentions and ambitious goals. We are almost three weeks into the new year and apparently this is the point in the year where about a third of the people stop sticking to their resolutions. And it goes only downhill from here as, according to surveys, by the end of the year only about 9% of people will feel they have been successfully sticking to their New Year’s resolutions. The fact that this week ‘Ditch New Year’s Resolutions Day’, also known as ‘Broken Resolution Day’ was observed didn’t help in boosting the rate of success as it provided the (perfect?) excuse to ditch your resolution goals without any guilt. As the name of the day suggests ‘Ditch New Year’s Resolutions Day’ proposes people to ‘ditch’ their resolutions that sometimes are overly ambitious and unreasonable. However, instead of being tied to specific resolutions, this day takes a more pragmatic approach and suggests you use this day as an opportunity to re-evaluate your life as a whole and still try to improve yourself over the year.
Despite ‘Ditch New Year’s Resolutions Day’ last trading week equity markets appeared not to have ditched their new year’s resolutions of rising markets with overall global equity markets ending last trading week in the green and both the S&P 500 & Stoxx 600 Europe hitting one-month highs in the course of last week. Despite the parliamentary defeat of UK prime minister Theresa May’s Brexit deal in the beginning of last week global equity markets maintained their upward momentum thanks to overall well-received earnings from (US) financial sector on the one hand and on the other hand economic stimulus measures announced by China aimed at stimulating its economy and countering the impact of the ongoing trade dispute between China & the United States.
At the end of last trading week the Ageas share eventually closed at EUR 41.09 or up 3.4% outperforming the Eurostoxx 50 (+2.1%) and in line with the SXIP 600 Insurance index (+3.4%).