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 (AEX) in Amsterdam advanced 0.35, or 0.1 percent, to 367.95. Belgium’s Bel20 Index (BEL20) rose 9.48, or 0.4 percent, to 2,701.50. Luxembourg’s LuxX Index (LUXXX) fell 0.2 percent to 1,498.16.
Arcadis NV (ARCAD) : The biggest Dutch designer of bridges and dykes posted 2010 profit from operations of 78.4 million euros ($109 million). The shares fell 10 cents, or 0.6 percent, to 17.13 euros.
ArcelorMittal SA (MT) : The world’s largest steelmaker has 34 percent upside potential, JPMorgan Chase & Co. said. The shares fell 38 cents, or 1.4 percent, to 26.16 euros.
Brunel International NV (BRNL) : The Dutch staffing company was raised to “buy” from “neutral” at Natixis. The shares rose 1.63 euros, or 5.6 percent, to 30.80 euros.
ING Groep NV (INGA) : The biggest Dutch financial-services company plans to repay 2 billion euros ($2.8 billion) of state aid in May at a 50 percent premium. The shares rose 7.8 cents, or 0.9 percent, to 8.88 euros.
Unilever NV (UNA) : Unilever’s forced sale of the Sanex brand is drawing bids and interest from rivals including Procter & Gamble Co., Henkel AG and Colgate-Palmolive Co. (CL), people briefed on the discussions said. The shares fell 7 cents, or 0.3 percent, to 21.72 euros.
Royal Vopak NV (VPK NA): The world largest chemical and oil storage company included the Industrial and Commercial Bank of China as a mandated lead arranger under its five-year 1.2 billion-euro revolving credit facility, the company said in a statement. The shares increased 5.5 cents, or 0.2 percent, to 35.07 euros.
Quest for Growth NV (QFG BB): The closed-end venture-capital fund said its net asset value rose to 9.01 euros a share on Feb. 28 from 8.95 euros at the end of January. Quest for Growth (QFG) was unchanged at 5.96 euros.
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