ArGEN-x and AB InBev keep BEL20 in the red

ArGEN-x and AB InBev keep BEL20 in the red
Credit: Belga

While other European stock markets saw slight growth on Friday at around 11:00, the BEL 20 stayed in the red by 0.3% at 3,848 points, with 13 different options in the red. Biotechnology arGEN-X (345.50) and drink company AB InBev (54.27) weighed heavily on the performance of the stock market, dropping 1.5% and 0.8%, respectively.

Electric services company Elia (131.90) dropped 1.6%, while Warehouses De Pauw (WDP, 29.28) and building company VGP (29.28) made gains of 2.1% and 1.1%. KBC bank (67.10) rose by 0.1%, while insurance company Ageas (45.08) rose 0.4%. Holding company Sofina (222.80) rose by 0.6% and steel company Aperam (36.86) by 1%.

Credit: Euronext

Pharmaceutical company UCB (74.76) rose by 0.2%, chemical company Solvay (105.50) and pharma company Galapagos (40.48) fell by 0.1% and 0.7%, respectively. Personal hygiene company Ontex (7.27) jumped 5.2%, while remediation services company DEME (116.74) fell by 1.8%.

Digital solutions company UnifiedPost (4.61) fell by 2% and cinema chain Kinepolis (39.80) fell by 1%. Industrial group Picanol rebounded 5% from the day before.

Related News

Biotech companies Celyad (1.10) and Biosenic (0.113) witnessed large falls in share price, plunging by 16.5% and 8.7%. Onward Medical (5.65) dropped by 2.4%, while biotech company Mithra (3.37) rebounded by 2%.

The Euro stood at $1.0885 on Friday morning, against $1.0890 the day before at around 16:30. The gold bullion was trading at around €56,915, down €150.


Copyright © 2024 The Brussels Times. All Rights Reserved.