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Belgium stocks higher at close of trade; BEL 20 up 0.61%

Belgium stocks higher at close of trade; BEL 20 up 0.61%

Belgian stocks closed the trade higher on Monday, with the BEL 20 index increasing by 0.61% to reach a fresh 1-month high. The Consumer Goods, Industrials, and Consumer Services sectors drove the upward momentum. Aperam SA (AS:APAM) led the pack, surging 3.82% to close at 35.36, while Sofina (EBR:SOF) and Anheuser Busch Inbev SA NV (EBR:ABI) also showed gains of 3.64% and 2.83%, respectively, finishing at 285.00 and 74.00.

Conversely, argenx SE (EBR:ARGX) declined 2.87% to 784.00, followed by UCB SA (EBR:UCB) dropping 1.17% to 278.10 and Melexis NV (EBR:MLXS) rising marginally by 0.36% to 55.80. On the Brussels Stock Exchange, stocks that rose outnumbered those that fell 60 to 27, with 16 remaining unchanged. Sofina's shares reached a three-year high at 285.00, marking a 3.64% increase.

Gold Futures for December delivery climbed by 2.04% to $3,978.45, while December crude oil slipped 7.30% to $96.52 a barrel and January Brent oil fell 7.78% to $104.60. EUR/USD remained unchanged at 1.12, and EUR/GBP stayed steady at 0.84. Meanwhile, the US Dollar Index Futures decreased by 0.23% to 101.51.

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