Belgium's BEL 20 Index Dips Amid Sectoral Declines

Pedro Espinola Special Correspondent

mesa.entrada@senatur.gov.py | 2025-03-23 17:26:17

Brussels, Belgium – The Belgian stock market, represented by the BEL 20 index, experienced a slight downturn at the close of trading on Friday, with the index concluding the session down by 0.18%. This decline was primarily attributed to notable losses within the technology, basic materials, and industrials sectors.

Among the index's constituents, Galapagos NV (AS:GLPG) emerged as the top performer, registering a 1.17% increase, or 0.28 points, to close at 24.12. Ageas (EBR:AGES) also saw gains, rising by 0.99% or 0.55 points to reach 55.85, marking a new 5-year high. Groep Brussel Lambert NV (EBR:GBLB) followed suit with a 0.57% increase, or 0.40 points, settling at 70.30.

Conversely, Umicore SA (EBR:UMI) faced the most significant losses, dropping by 2.76% or 0.26 points to close at 8.97. Syensqo SA (EBR:SYENS) also experienced a notable decline, falling by 2.47% or 1.68 points to 66.31. 1  Elia (EBR:ELI) rounded out the list of major decliners, decreasing by 2.36% or 2.00 points to 82.90.   

Market breadth indicated a relatively balanced trading session, with 48 stocks declining and 48 advancing, while 12 remained unchanged.

In the broader commodities market, Gold Futures for April delivery decreased by 0.73% to $3,021.46 per troy ounce. Crude oil for May delivery saw a modest increase of 0.38%, reaching $68.33 per barrel, and May Brent crude oil rose by 0.25% to $72.18 per barrel.

In currency markets, the EUR/USD pair remained relatively stable, showing a 0.27% change to 1.08, while EUR/GBP also saw minimal change, at 0.84. The US Dollar Index Futures increased by 0.27% to 103.78.

This trading session reflects the ongoing fluctuations in the global financial markets, with sector-specific performances significantly influencing the overall index movement.

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