Bel20 in the red due to dividend cut

Bel20 in the red due to dividend cut
Bel20 in the red due to dividend cut

(ABM FN) The Brussels stock exchange was in the red on Monday. The Bel20 lost 0.7 percent to 3,986 points around two o’clock.

KBC and Cofinimmo, which trade ex-dividend on Monday, weigh on the star index. Adjusted for the coupon cuts, these shares did rise.

D’Ieteren, on the other hand, rose again by 1.2 percent.

Sofina will buy back its own shares for a maximum of 23.4 million euros. The share gained 0.8 percent.

Outside the main index, Ontex gained 2.3 percent and Care Property Invest 2.1 percent.

Kinepolis also lost due to an ex-dividend listing.

Among the small caps, Sequana Medical stood out with a gain of 3.2 percent.

Agfa-Gevaert, which will release figures tomorrow, gained 0.4 percent.

Smartphoto and Home Invest shares fell, but here too due to an ex-dividend.

Source: ABM Financial News

ABM Financial News is a supplier of stock market news, video and data, both for real-time trading platforms and dealing rooms and for online and offline media publications. The information in this article is not intended as professional investment advice or as a recommendation to make certain investments.

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The article is in Dutch

Tags: Bel20 red due dividend cut


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