Arsenal produced a dominant display against hosts Ajax on Sunday but had to settle for another goalless draw in the Amsterdam tournament.
Reyes had several chances against Ajax on Sunday
Striker Jose Antonio Reyes impressed again for the Gunners, who drew 0-0 with River Plate in Friday's match.
But outstanding Ajax goalkeeper Maarten Stekelenburg pulled off a host of brilliant saves to deny the Spaniard.
River Plate beat Panathinaikos 1-0 in Sunday's other game allowing Ajax to top the table for a fourth year.