BEL 20 index down, but strong performance by Galapagos

BEL 20 index down, but strong performance by Galapagos

The BEL 20 index and its European neighbours had mixed fortunes on Tuesday, with the Brussels-based index expected to close at 4,117.07 points, a 0.35% drop.

Eleven constituents of the BEL 20's benchmark index were down. However, this was partially offset by the performance of Galapagos (26.24), up by 2.58% following a 13.89% rise over two sessions.

Heavyweight arGEN-X (460.40) slid by 1.43%, Syensqo (70.87) lost 0.35%, while Solvay (31.14) and UCB (161.90) gained 0.35% and 0.03% respectively.

AB InBev (55.44) and Lotus Bakeries (10,880) increased by 0.76% and 0.55% respectively compared to their previous day's values; KBC (69.50) gained 0.12%, contrary to Ageas (44.50), down by 0.45%.

In the property segment, Aedifica (61.80) and WDP (24.26) were down by 1.44% and 2.57%, while Cofinimmo (62.40) lost 1.11%.

Unifiedpost (3.49) followed corporate announcements with an initial leap of 4.9%, finally settling at a 1.7% increase after a downturn.

Meanwhile, SmartPhoto (24.10) and VGP (93.60) lost 3.6% and 3.2%, while Agfa-Gevaert (1,142), Ontex (9.15), Jensen (44.60), Qrf (10.80) and Immobel (24.55) gained over 2%.

Finally, Celyad (0.25) and Hyloris (6.12) were down by 7.4% and 5%. On the other hand, news of a contract pushed IBA (11.98) up by 3.4%.

By 4:30 pm, the euro stood at $1.1165 compared to $1.1170 the day before, and gold was being traded around €72,435, down by €35.


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