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Benelux Stocks: Ablynx, Corio, Dockwise, Grontmij, Octoplus

Sept. 20 (Bloomberg) -- The Amsterdam Exchanges Index rose 5.27, or 1.6 percent, to 339.81, the first gain in five days. Belgium’s Bel20 Index increased 1.3 percent to 2,601.85.

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

Ablynx NV (ABLX BB) added 6.3 percent to 7.55 euros, the biggest gain since May 26. The Belgian developer of medicines based on antibodies found in llamas said data from an ongoing early-stage study of drug candidate ALX-0141 were positive.

Dockwise Ltd. (DOCKW NA) fell 2 percent to 18.30 euros, declining for a third day. The world’s biggest operator of ships that haul oil-rig parts and other heavy cargo said it secured full commitment for a $100 million rights offer to finance a new vessel.

Grontmij NV (GRONT NA) advanced 1.9 percent to 13.60 euros, a third day of gains. Teslin Capital Management BV said its Darlin fund took a 5 percent stake in the Dutch designer of roads and bridges.

Octoplus NV (OCTO NA) surged 10 percent to 1.26 euros, the highest level since May 18. The developer of a hepatitis C treatment signed a contract with an unidentified pharmaceutical company in the U.S. under which it will develop a controlled release formulation of an undisclosed compound using its drug delivery technology PolyActive.

Wereldhave NV (WHA NA), the Dutch property investor that generates almost a third of its revenue in the U.S., advanced 2.1 percent to 70.42 euros. A gauge of European real estate shares was the second-biggest gainer among 19 industry groups in the Europe Stoxx 600 Index, led by Hammerson Plc. Hammerson and Oman may try to sell its office and retail site at Bishop’s Square in London for about 550 million pounds ($860 million), the Financial Times reported, without saying where it got the information.

Corio NV, the largest Dutch property developer, rose 1.8 percent to 49.26 euros.

To contact the reporter on this story: Jurjen van de Pol in Amsterdam at jvandepol@bloomberg.net.

To contact the editor responsible for this story: John Fraher at jfraher@bloomberg.net.

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