Belgium shares lower at close of trade; BEL 20 had lost 1.61%

Brussels Stock Exchange

Belgium equities were lower at the close on Tuesday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.

At the close in Brussels, the BEL 20 fell 1.61%.

The biggest gainers of the session on the BEL 20 were Delhaize Group (BR:DELB), which rose 1.78% or 1.69 points to trade at 96.88 at the close. Etablissementen Fr Colruyt NV (BR:COLR) fell 0.43% or 0.21 points to end at 49.95 and Ontex Group (BR:ONTEX) was down 0.61% or 0.17 points to 27.91 in late trade.

Biggest losers included Ageas (BR:AGES), which lost 4.66% or 1.435 points to trade at 29.375 in late trade. Solvay SA (BR:SOLB) declined 3.26% or 2.75 points to end at 81.68 and Ackermans V.Haaren (BR:ACKB) shed 2.38% or 2.60 points to 106.80.

Declining stocks outnumbered rising ones by 111 to 30 and 6 ended unchanged on the Brussels Stock Exchange.

In commodities trading, Gold for August delivery was up 1.32% or 17.65 to $1356.65 a troy ounce. Meanwhile, Crude oil for delivery in August fell 4.29% or 2.10 to hit $46.89 a barrel, while the September Brent oil contract fell 4.01% or 2.01 to trade at $48.09 a barrel.

EUR/USD was down 0.62% to 1.1085, while EUR/GBP rose 1.31% to 0.8501.

The US Dollar Index was up 0.55% at 96.14.

The author: Michel DEURINCK

Michel Deurinck, born in Brussels in 1950, started his career in the Belgian civil service, dedicating over 30 years to public service. Upon retirement, he pursued his passion for journalism. Transitioning into this new field, he quickly gained recognition for his insightful reporting on politics and culture. Deurinck's balanced and thoughtful approach to journalism has made him a respected figure in Belgian media.

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