Belgium shares lower at close of trade; BEL 20 down 0.98%

Source Investing

Investing.com – Belgium equities were lower at the close on Friday, as losses in the Utilities, Consumer Goods and Consumer Services sectors propelled shares lower.

At the close in Brussels, the BEL 20 declined 0.98%.

The biggest gainers of the session on the BEL 20 were UCB SA (EBR:UCB), which rose 1.66% or 2.65 points to trade at 162.70 at the close. Cofinimmo SA (EBR:COFB) added 0.38% or 0.25 points to end at 66.40 and Argen-X (EBR:ARGX) was down 0.04% or 0.20 points to 482.00 in late trade.

Biggest losers included Umicore SA (EBR:UMI), which lost 7.24% or 0.82 points to trade at 10.51 in late trade. Syensqo SA (EBR:SYENS) declined 4.40% or 3.28 points to end at 71.33 and Melexis NV (EBR:MLXS) shed 3.70% or 2.90 points to 75.45.

Declining stocks outnumbered rising ones by 67 to 26 and 15 ended unchanged on the Brussels Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.22% or 31.95 to $2,646.55 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.31% or 0.22 to hit $70.94 a barrel, while the November Brent oil contract fell 0.59% or 0.44 to trade at $74.44 a barrel.

EUR/USD was unchanged 0.01% to 1.12, while EUR/GBP unchanged 0.17% to 0.84.

The US Dollar Index Futures was up 0.14% at 100.46.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Japanese Yen rallies to February 18 high as upbeat wage data and GDP lift BoJ hike betsThe USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
Author  FXStreet
Sep 08, Tue
The USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
placeholder
Brent holds above $100 as tanker attacks tighten supply — but four forces are capping the rallyBrent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
Author  Irene Q.
Sep 10, Thu
Brent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
placeholder
US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
Author  Irene Q.
Sep 11, Fri
US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
placeholder
Gold Price Forecast: PPI and Oil Prices Fuel Inflation Concerns, Can CPI Change Gold's Direction?As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
Author  TradingKey
Sep 11, Fri
As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
5 hours ago
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
goTop
quote