Cofinimmo, Delta Lloyd, Duvel, Spyker: 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 (AEX) in Amsterdam fell 2.56, or 0.7 percent, to 352.30. Belgium’s Bel20 Index rose less than 0.1 percent to 2,727.77. The Luxembourg LuxX Index (LUXXX) rose 0.1 percent to 1,440.29.

Dutch stocks:

Delta Lloyd NV (DL) : The Dutch insurer that is partly owned by Aviva Plc is scheduled to give a first-quarter trading update before the market opens. Delta Lloyd dropped 1.4 percent to 17.12 euros.

ING Groep NV (INGA) , Aegon NV (AGN) : Dutch Finance Minister Jan Kees de Jager said he expects the impact of stricter mortgage rules on the country’s house prices to be limited. The new rules, which are self-imposed by the banks and take effect on Aug. 1, include a limit of home loans to 110 percent of the property price. ING, which had the second-biggest market share for newly registered mortgages in 2009, dropped 1.1 percent to 8.53 euros. Aegon fell 1.6 percent to 4.89 euros.

SNS Reaal NV (SR) : The Dutch bank and insurer reports first-quarter earnings at 7:30 a.m. local time. SNS Reaal slid 2.6 percent to 3.83 euros.

Spyker Cars NV (SPYKR) : The Dutch sports car maker that owns cash-strapped Saab Automobile said it plans to sell 1 million shares under its 150 million-euro ($213 million) equity facility with GEM Global Yield Fund Ltd. Spyker Cars soared 16 percent to 4.11 euros.

Belgian stocks:

Cofinimmo (COFB) SA: Belgium’s biggest real-estate investment fund bought two offices in Antwerp for 29.2 million euros, a 7.7 percent premium to their market value, and said the offices are 33 percent let. Cofinimmo dropped 0.4 percent to 96.86 euros.

Duvel Moortgat NV (DUV BB): The brewer of Duvel and Vedett said first-quarter sales rose, even when excluding the Aug. 5 acquisition of Brouwerij De Koninck, and forecast further growth in full-year sales and operating profit. Duvel Moortgat advanced 0.9 percent to 75.85 euros.

Jensen-Group NV (JEN) : The Belgian-Danish maker of heavy-duty laundry equipment said first-quarter sales rose 6.9 percent to 59.3 million euros and forecast a first half that will be similar to last year’s. Jensen-Group increased 0.6 percent to 10.69 euros.

Kinepolis Group NV (KIN) : Belgium’s biggest movie- theater operator is scheduled to give a trading update before the market opens. Kinepolis retreated 0.1 percent to 58.11 euros.

Montea SCA (MONT) : The owner of warehouses in Belgium and France agreed to buy a warehouse in Marennes, France, for 9.8 million euros and forecast a gross rental yield of 8.75 percent on the transaction. Montea gained 0.5 percent to 25.88 euros.

Thenergo NV (THEB) : The Belgian operator of combined heat-and-power plants said electricity generation at the Groeikracht units rose 3 percent in the first quarter and reported cash holdings of 1.47 million euros. Thenergo lost 1.2 percent to 80 cents.

To contact the reporters on this story: John Martens in Brussels at jmartens1@bloomberg.net; Maud van Gaal in Amsterdam at mvangaal@bloomberg.net

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net; Frank Connelly at fconnelly@bloomberg.net.

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