BEL 20 Index Hits Record High, Closes Up 0.90%

BEL 20 Index Reaches New All-Time High

The Belgian stock market concluded Thursday's session on a strong positive note. The benchmark BEL 20 index gained 0.90 percent, successfully marking a new all-time high.

Market Overview and Sector Performance

This upward momentum was primarily fueled by significant gains across the Technology, Basic Materials, and Consumer Goods sectors. The broader market sentiment on the Brussels Stock Exchange was bullish, with 69 stocks advancing compared to only 23 decliners, while 17 stocks ended the session unchanged.

Key Stock Movements

Among the top individual performers, semiconductor solutions company Melexis NV (EBR:MLXS) surged by 3.91 percent. Following this strong performance, Syensqo SA (EBR:SYENS) added 3.03 percent to its value. In contrast, Azelis Corporate Services NV (EBR:AZE) was one of the session's primary laggards, with its shares falling 1.65 percent.

Summary

Overall, the Brussels market demonstrated robust strength by closing at a historic peak. This performance signals investor confidence, largely driven by advances in key industrial and technology sectors.

FAQ

Q: What was the final performance of the BEL 20 index?
A: The BEL 20 index closed up by 0.90 percent, which constituted a new all-time record.

Q: Which company was the top performer in the index?
A: Melexis NV was the best-performing stock, recording a gain of 3.91 percent.

Source: Investing.com