The Brussels Stock Exchange takes the rises and returns to 3,700 points

Third positive upside session for the Brussels Stock Exchangewhich was doing better than its European neighbors, the Bel 20 progressing by 1.27% to 3,701.57 points with 19 of its elements in the green, real estate VGP (73.90) and WDP (27.14) in the lead with rebounds of 4.38 and 2.80%.

Their counterparts Aedifica (78.90) and Cofinimmo (86.45) also rose by 1.48 and 1.17%, the only negative value being D’Ieteren (180.00), which lost 0.66% after having jumped 2.26% the day before.

The Paris stock exchange, the CAC 40 rose by 0.42% to 6,707.32 points. To the Frankfurt Stock Exchange, the DAX also advanced by 0.78%, thus rising to 14,539.56 points. The London Stock Exchange was balanced (+0.02%), with the FTSE-100 showing at 7,466.60 points.

Closing values ​​on November 24 of the shares that make up the Bel 20 on the Brussels Stock Exchange:

  • AB InBev + 54.53 (54.05)
  • Ackermans + 152.10 (150.50)
  • Building + 78.90 (77.75)
  • Ageas+37.52 (37.30)
  • Aperam+28.89 (28.83)
  • arGEN-X+367.80 (363.40)
  • Cofinimmo + 86.45 (85.45)
  • Colruyt + 26.02 (25.61)
  • D’Ieteren – 180.00 (181.20)
  • Elia + 139.00 (137.30)
  • Galapagos + 39.23 (39.09)
  • GBL+79.02 (78.16)
  • KBC+53.06 (52.10)
  • Proximus + 10.60 (10.42)
  • Sofina + 220.80 (216.80)
  • Solvay + 98.22 (96.84)
  • UCB + 77.74 (76.78)
  • Umicore + 34.47 (33.92)
  • VGP+73.90 (70.80)
  • WDP+27.14 (26.40)

The Broker’s opinion for Agfa-Gevaert, Xior and Quest for Growth

Agfa Gevaert (+0.7% to 2.88 euros) was confirmed to “buy” at Kepler Cheuvreux, the target being adjusted from 6 to 4 euros. This revision took place following the recent publication of the quarterly activity report. The analyst points out that the outlook for recovery is a little more difficult than expected due to disruptions in supply chains, inflation and the economic slowdown. “We believe most of the negatives have already been incorporated into the course.”

Xior (+2.3% to 30.95 euros) was downgraded from “buy” to “accumulate” at KBC Securities, with an adjusted target of 52.5 to 44 euros. This revision took place following the publication of quarterly results marked by an occupancy rate of 98% and by net rental income up by 40%. If the analyst remains optimistic about the outlook for student accommodation, he also points out that the acquisition of Basecamp will increase uncertainty. “Rising indebtedness and a more difficult economic climate are other risk factors.”

Quest for Growth (+1.4% to 5.9 euros) was recently maintained at “keep” at Degroof Petercam, the target being adjusted from 7 to 6.6 euros. The analyst points out that the management was moderately optimistic for the next quarters, and he expects the holding company not to distribute a dividend for 2022. “The management also confirmed the slowdown in the private placement market .”

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