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Bel20 closed at highest closing price since 2007

The Brussels stock exchange recorded its fourth profit day in a row on Friday. The Bel20 index gained an additional 0.29 percent to 4,230.56 points, the highest closing price since November 2007.

Aperam and Ageas led the index basket winners. The stainless steel producer was worth 2.82 percent more at a closing price of 49.29 euros, the insurer 2.32 percent at a closing price of 45.07 euros. HSBC put the latter stock on its buy list. The price target rose from 51 euros to 52.50 euros.

Sofina increased 0.35 percent to 396.40 euros. The holding company calculated the net asset value of its share on June 30 at 297 euros. As a result, the total value rose to 10 billion euros.

In the second row, Choice rushed 25.00 percent higher to 8.00 euros.

Belreca was worth 8.39 percent more at a closing price of 155.00 euros. The holding says it has sold about 30 million euros worth of shares to secure its profits.

Econocom tapped 5.76 percent higher at 3.49 euros. The IT group posted a net profit of EUR 30.1 million in the first half. In the same period last year, the profit meter remained at 22.1 million euros. The group’s turnover stabilized at 1.2 billion euros.

There was a loss for the elite values, especially for argenx. The biotech title fell 1.33 percent to 267.90 euros.

At the smaller values, Hamon lost 7.00 percent to 0.93 euros.

Qrf fell 0.83 percent to 11.90 euros. The fund bought the property in the Gentse Veldstraat that had been used by Fnac until a few years ago, in order to redevelop it. It paid 9 million euros for it.

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