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Benelux Stocks: Aperam, Randstad Holding, Wavin Shares Move

By Martijn van der Starre Jan. 28 (Bloomberg) -- The Netherlands’ AEX-Index lost 3.17, or 0.9 percent, to 361.16 as the 5:30 p.m. close in Amsterdam. Belgium’s Bel20 Index fell 1.2 percent to 2,647.09, extending its weekly drop to 0.3 percent. The following were among the most active stocks in Benelux markets today. Symbols are in parentheses. Dutch stocks: Aperam (APAM NA), the stainless-steel maker spun off by ArcelorMittal, dropped 2.6 percent to 30.50 euros on its second day of trading, paring the previous day’s increase. “We remain cautious on the longer-term prospects in stainless-steel markets,” UBS AG analysts wrote in a note. Randstad Holding NV (RAND NA) advanced 2.2 percent to 40.28 euros, wiping out the previous day’s decline. The world’s second largest staffing company had its recommendation raised to “buy” from “hold” at Royal Bank of Scotland Group Plc. Wavin NV (WAVIN NA) lost 2.9 percent to 10.32 euros, the lowest price in eight weeks. Europe’s largest maker of plastic pipes for sewers was cut to “hold” from “buy” at Kempen & Co. NV. For Related News and Information: Stories on price swings in Dutch stocks: TNI NETHER MOV Rating changes on Belgian stocks: TNI BELG ANACHANGE Stoxx 600 industry group movers: SXXP GMOV Global equity index futures: WEIF --With assistance from Maud van Gaal in Amsterdam. Editors: Will Hadfield, Peter Branton To contact the reporter on this story: Martijn van der Starre in Amsterdam at +31-20-589-8507 or To contact the editor responsible for this story: David Merritt at +44-20-7673-2639 or

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