Befimmo, Exmar, Quest for Growth: Benelux Equity Market Preview
Stock Chart for Befimmo SA (BEFB)
The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses, and prices are from the previous close.
Befimmo SCA (BEFB BB): Belgium’s second-biggest real-estate investment fund agreed to buy the Pavilion office complex in the Brussels Leopold district for 55.3 million euros ($75.8 million) in cash and said the purchase will add about 10 cents a share to adjusted earnings annually. Befimmo increased 0.9 percent to 61.29 euros.
Exmar NV (EXM BB): The operator of the world’s largest fleet of midsize gas tankers reported full-year net income dropped to $14.1 million and said its fleet hauling liquefied petroleum gas has 2011 contracts covering 66 percent, 48 percent and 80 percent of the midsize, VLGC and pressurized segments respectively. Exmar climbed 1.9 percent to 5.81 euros.
KBC Ancora CVA (KBCA BB): The largest shareholder of KBC Groep NV reports fiscal first-half earnings after the close of trading. KBC Ancora advanced 1.4 percent to 13.98 euros.
Quest for Growth NV (QFG BB): The closed-end venture- capital fund will omit a dividend for a second year after net income increased to 20.6 million euros last year. Quest for Growth declined 0.2 percent to 5.46 euros.
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