Gloomy start to the week for the BEL 20

Gloomy start to the week for the BEL 20

Sluggish indices weighed on European market trends on Monday, with the BEL 20 index falling by up to 0.65%, before gradually picking up and closing with a slight dip of 0.10%, leaving it at 4180.33 points.

Half of the BEL 20 components were in decline, including Umicore (11.24), which went down by 1.40%, and arGEN-X (464.90), which reported a 0.68% drop.

AB InBev (55.20) slipped by 0.18%, KBC (69.80) and GBL (69.20) dropped by 0.77% and 0.79%, while Melexis (80.95) and Elia (98.60) surrendered 0.80% and 0.50% respectively.

Solvay up by 1.51%

DEME (154.60) and Greenyard (6.16) were down by 4.3% and 3.7%, while Agfa-Gevaert (1.098), Barco (12.05), Kinepolis (39.65), and Van de Velde (31.35) recorded losses exceeding 2% each.

Another major decline was registered by IBA (11.28), which dropped 6.1%.

On the other hand, Solvay (32.18) gained 1.51%, joined by Cofinimmo (62.50) and Ackermans (181.80), which went up by 1.21% and 1.11% respectively.

UCB (164.20) and Galapagos (26.58) appreciated by 0.31% and 0.76%, and Syensqo (74.55) closed with a 0.20% climb.

Cenergy gains 8.6%

Lotus Bakeries (11,440) increased by 0.53%, reaching a new high, Ageas (46.80) saw a 0.60% rise, and D’Ieteren (219.20) was 0.09% higher than on Friday.

Colruyt (47.68) and What’s Cooking (87.80) were up 2.3% and 3.3% together with Deceuninck (2.445) and Belysse (0.97), which gained 4% and 6.6%. Exmar (8.70) and Cenergy (9.99) were up 3.1% and 8.6% respectively.

Meanwhile, Biotalys (2.98) and Hyloris (5.98) both gained 3.8%.

At around 16:30, the euro was trading at $1.1060, as against $1.1070 on Friday, while the gold price dropped by €230 to around €72,695 per bar.


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