On Tuesday, the BEL 20 index in Belgium concluded the trading day with a decline of 0.37%, driven by significant losses in the Utilities, Industrials, and Consumer Services sectors.
The index ended at 3,720.89 points, as major stocks experienced a mixed trading environment.
Top Performers
At the forefront of the gainers was Umicore SA (EBR), which saw an increase of 1.87%, adding 0.20 points to reach a price of €10.90. Argen-X (EBR) experienced a 1.64% rise, climbing 8.40 points to close at €520.60, marking an all-time high. Meanwhile, Melexis NV (EBR) also posted a modest gain, finishing up 0.50% at €70.20.
Worst Performers
Conversely, Elia (EBR) emerged as the most significant loser, falling 3.67%, which equated to a drop of 3.50 points, closing at €91.90.
Cofinimmo SA (EBR) encountered difficulties as well, decreasing by 1.84% to end at €61.35, while UCB SA (EBR) fell by 1.70%, wrapping up at €171.00.
In summary, the Brussels Stock Exchange saw more decliners than advancers, with a ratio of 71 to 32, and 11 stocks remaining unchanged.
Commodities and Currency Movements
Gold futures scheduled for December delivery rose by 0.54%, reaching $2,753.60 per troy ounce. The oil market experienced a significant boost, as Crude Oil for December delivery surged 2.93% to $72.09 per barrel. In addition, Brent Oil for December delivery climbed by 2.72%, trading at $76.31 per barrel.
In currency markets, the EUR/USD exchange rate exhibited stability, with a slight adjustment of 0.10% bringing it to 1.08. Similarly, the EUR/GBP remained largely unchanged, finishing at 0.83 after a minor shift of 0.04%. The US Dollar Index Futures advanced by 0.06%, reaching a level of 103.90.
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