Aedifica, Deceuninck, Royal Dutch Shell: 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 Netherlands’ AEX-Index (AEX) lost 0.1 percent to 366.94. Belgium’s Bel20 Index advanced 0.4 percent to 2,722.23. Luxembourg’s LuxX Index fell 0.2 percent to 1,474.83.
Dutch stocks:
Royal Dutch Shell Plc (RDSA) : Europe’s largest oil company agreed to acquire a stake in Chevron Corp.’s proposed A$20 billion ($21 billion) Wheatstone natural gas project in Western Australia. Shell will gain 6.4 percent of the liquefied natural gas plants and 8 percent of the fields off northwest Australia that will supply the Wheatstone development, Chevron said. Shell climbed 1 percent to 26.06 euros.
Belgian stocks:
Aedifica SA (AED BB): The Brussels-based residential real- estate investment fund said it completed the development of a rest home in the Belgian city of Hasselt at a cost of 11 million euros ($15.9 million) and reiterated its original forecast for an initial rental yield of 6.3 percent on the project. Aedifica (AED) fell less than 0.1 percent to 41.15 euros.
Deceuninck NV (DECB) : The plastic window-frame maker’s vice chairman, Arnold Deceuninck, sold 70,500 shares for an average 2.17 euros apiece in trades on Euronext Brussels in a three-day period that started on April 4, according to statements of insider transactions published on the Belgian market regulator’s website. Deceuninck advanced 1 percent to 2.08 euros.
To contact the reporters on this story: Maaike Noordhuis in Amsterdam mnoordhuis@bloomberg.net or Peter Chapman in Brussels at pchapman10@bloomberg.net
To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.