Benelux Stocks: Aperam, Randstad Holding, Wavin Shares Move

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.

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