Home Showbiz Brussels Stock Exchange rises in a climate of geopolitical caution

Brussels Stock Exchange rises in a climate of geopolitical caution

7
0

“Investors remain optimistic that negotiations will result in a fairly quick resolution.”

Among the stocks considered in the index calculation, Aperam, Solvay, and Melexis have gained over 3%. The stainless steel manufacturer gained 3.73% to close at 40.08 euros, the chemical group progressed by 3.13% to 28.38 euros, and the semiconductor designer increased by 3.07% to 57.05 euros.

It’s mainly Elia that suffered a loss, dropping 0.86% to close at 138.70 euros.

Across the market

Cenergy surged by 6.78% to 20.96 euros.

Retail Estates closed up by 1.00% at 70.70 euros. The investor specialized in shopping centers completed its first transaction in France with the acquisition of L’Oseraie commercial park in Osny. This is a 29 million euro investment.

Fluxys declined by 0.95% to 21.20 euros. The company is establishing a hydrogen link with the Netherlands. It aims to utilize existing gas pipelines as much as possible.

UCB’s CEO, Jean-Christophe Tellier, proposed as an administrator of Solvac: good news after the Syensqo earthquake?

Solvac closed up by 1.39% at 73.00 euros. UCB’s CEO, Christophe Tellier, is proposed as an administrator of the holding company overseeing Solvay and Syensqo.

On the second line, DEME plummeted by 9.71% to 184.20 euros. ING removed the maritime entrepreneur from its buy list after lowering the stock price target from 195 euros to 182.25 euros.