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Belgium shares lower at close of trade; BEL 20 down 1.99%

Published 24/10/2018, 03:20 am
Updated 24/10/2018, 03:20 am
© Reuters.  Belgium shares lower at close of trade; BEL 20 down 1.99%

© Reuters. Belgium shares lower at close of trade; BEL 20 down 1.99%

Investing.com – Belgium equities were lower at the close on Tuesday, as losses in the Technology, Telecoms and Financials sectors propelled shares lower.

At the close in Brussels, the BEL 20 declined 1.99% to hit a new 52-week low.

The biggest gainers of the session on the BEL 20 were Proximus NV (BR:PROX), which rose 1.89% or 0.43 points to trade at 23.18 at the close. Etablissementen Fr Colruyt NV (BR:COLR) added 0.96% or 0.48 points to end at 50.70 and ING Groep NV (AS:INGA) was down 0.44% or 0.046 points to 10.344 in late trade.

Biggest losers included UCB (BR:UCB), which lost 4.64% or 3.40 points to trade at 69.94 in late trade. Galapagos NV (AS:GLPG) declined 4.39% or 4.160 points to end at 90.500 and Solvay SA (BR:SOLB) shed 3.41% or 3.50 points to 99.10.

Declining stocks outnumbered rising ones by 102 to 20 and 12 ended unchanged on the Brussels Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.23% or 15.00 to $1236.20 a troy ounce. Meanwhile, Crude oil for delivery in December fell 4.47% or 3.09 to hit $66.08 a barrel, while the December Brent oil contract fell 4.50% or 3.59 to trade at $76.24 a barrel.

EUR/USD was up 0.16% to 1.1483, while EUR/GBP fell 0.09% to 0.8840.

The US Dollar Index Futures was down 0.16% at 95.60.

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