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Fornix BioSciences, Solvay, Value8: Benelux Equity Preview
The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses, and prices are from the previous close.
The AEX-Index in Amsterdam advanced 4.11, or 1.2 percent, to 362.41. Belgium’s Bel20 Index climbed 46.70, or 1.8 percent, to 2,626.40. Luxembourg’s LuxX Index rose 0.5 percent to 1,491.63.
Fornix BioSciences NV (FORBI NA): Value8 NV (VALUE NA) said it raised its holding in the Dutch maker of medical aids to 24.91 percent from 16.3 percent on Sept. 23. Fornix advanced 1.4 percent to 2.25 euros and Value8 lost 1.5 percent to 24.60 euros.
Solvay SA (SOLB BB): The chemicals and plastics maker that sold its drug division to Abbott Laboratories last year said it will repurchase as many as 1.65 million shares in 2011, potentially almost doubling last year’s stock buybacks. Solvay increased 0.5 percent to 78 euros.
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