The Brussels Stock Exchange started Tuesday’s trading day with a profit, with the BEL20 index rising approximately 1.4% within the first half-hour.
The Stock Exchange did not remain impervious to the worldwide wave of retrenchments that happened on Monday, ending the day with a 3.15% loss.
However, Tuesday saw a shift in market sentiment. Following the biggest price drop since 1987, Japan’s Nikkei closed with a sizeable 10.2% increase.
In response, European stock markets began Tuesday on an upswing, with exchanges in Amsterdam, Frankfurt, Paris, and London all in positive territory, even though the profits remained under 1%.
In Brussels, the opening profits were considerably larger, marked by an increase of roughly 1.4%. Leading the profit rally were Azelis, Solvay and Argenx, with Azelis up over 4% and both Argenx and Solvay amassing upwards of 3% in gains.
At the opposite end of the spectrum, minor losses were recorded for businesses such as AB InBev, Elia and Aedifica.
