Benelux Stocks: ING, KBC Groep, Kinepolis, Sioen, Spyker Cars

The Netherlands’ AEX-Index (AEX) slipped 0.6 percent to 365.62 in Amsterdam, limiting its gain in the first quarter to 3.1 percent. Belgium’s Bel20 Index (BEL20) fell 0.8 percent to 2,662.17.

The following were among the most active stocks in Benelux markets today. Symbols are in parentheses.

Dutch Stocks:

ING Groep NV (INGA) , the largest Dutch financial-services company, declined 2.3 percent to 8.93 euros, falling for a third straight day. Banks in Europe fell as Irish regulators instructed the country’s four largest lenders, during the final minutes of trading, to raise 24 billion euros ($34.1 billion) in additional capital following a series of stress tests.

KBC Groep NV (KBC) slumped 3.3 percent to 26.54 euros, and SNS Reaal NV (SR NA) dropped 2.6 percent to 4 euros.

Spyker Cars NV (PHIA) rose 4.8 percent to 4.35 euros, its first advance this week. Chief Executive Officer Victor Muller exercised stock options in the owner of Swedish carmaker Saab Automobile AB, buying 249,079 shares for 3.16 euros apiece on March 25, according to information posted on Dutch financial markets regulator AFM’s website today.

Separately, Muller said Vladimir Antonov, the Russian businessman who seeks to return as an investor in Spyker, has agreed to hold less than a 30 percent stake in the company.

Belgian stocks:

Kinepolis Group NV (KIN) surged 7.6 percent to 56.50 euros, the highest price in almost four years. Belgium’s biggest movie-theater operator will seek shareholder approval to reduce its share capital by 30 million euros.

Sioen Industries NV (SIOE) increased 1.8 percent to 6.75 euros, its fourth consecutive gain. Europe’s biggest maker of truck tarpaulins said 2010 earnings before interest, taxes, depreciation and amortization jumped 44 percent.

To contact the reporter on this story: Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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