The BEL 20 index in Belgium concluded the trading day on a negative note, decreasing by 0.37% on Tuesday, as significant declines in the Utilities, Industrials, and Consumer Services sectors impacted the overall market.
At the closing bell, the BEL 20 registered at 3,720.89 points, with key stocks experiencing a varied trading day.
Top Performers
Among the day’s top gainers, Umicore SA (EBR) experienced a rise of 1.87%, adding 0.20 points to finish at €10.90. Argen-X (EBR) saw a 1.64% increase, climbing 8.40 points to close at €520.60, marking an all-time high. Melexis NV (EBR) also made modest strides, ending up 0.50% at €70.20.
Worst Performers
Conversely, Elia (EBR) emerged as the day’s biggest loser, falling 3.67% or 3.50 points to close at €91.90.
Cofinimmo SA (EBR) also faced difficulties, dropping 1.84% to finish at €61.35, while UCB SA (EBR) declined 1.70%, closing at €171.00.
Overall, decliners surpassed advancers on the Brussels Stock Exchange by a ratio of 71 to 32, with 11 stocks remaining unchanged.
Commodities and Currency Movements
Gold futures for December delivery increased by 0.54%, closing at $2,753.60 per troy ounce. The oil markets witnessed a significant rise, with Crude Oil for December delivery gaining 2.93% to hit $72.09 per barrel. In addition, Brent Oil for December delivery rose 2.72%, trading at $76.31 per barrel.
Within the currency markets, the EUR/USD remained largely unchanged, reflecting a slight 0.10% adjustment at 1.08. Likewise, the EUR/GBP remained stable, unchanged at 0.04%, finishing at 0.83. The US Dollar Index Futures increased by 0.06% to reach 103.90.
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