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Benelux Stocks: Aperam, ArcelorMittal, Qurius, SBM Are Active

Feb. 8 (Bloomberg) -- The Netherlands’ AEX-Index gained 1.26, or 0.3 percent, to 371.11 in Amsterdam, rising for a third day. Belgium’s Bel20 Index increased 0.1 percent to 2,726.95.

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

Dutch stocks:

Aperam (APAM NA) added 1.9 percent to 30.05 euros, extending yesterday’s increase. The stainless-steel maker spun off by ArcelorMittal reported fourth-quarter net income of $2 million.

ArcelorMittal (MT NA) rose 2.8 percent to 28.02 euros, the highest price since May. The world’s largest steelmaker forecast a stronger year in 2011 as demand rebounds. The company also reported fourth-quarter earnings before interest, taxes, depreciation and amortization of $1.85 billion, beating the $1.68 billion median estimate of analysts surveyed by Bloomberg.

Qurius NV (QRIUS NA) added 2.3 percent to 31.5 euro cents, the highest price in three weeks. The Dutch computer-services company said it started exclusive discussions with French rival Prodware. Qurius plans to sell 11 million new shares to Prodware.

SBM Offshore NV (SBMO NA) increased 2 percent to 18.74 euros, extending yesterday’s gain. The world’s biggest supplier of floating oil rigs was raised to “overweight” from “equal weight” at Morgan Stanley.

VastNed Offices/Industrial NV (VNOI NA) lost 1.7 percent to 12.75 euros, erasing two days of gains. Nieuwe Steen Investments NV (NISTI NA) said its merger talks with VastNed O/I are in the final phase.

Belgian stocks:

Cie. d’Entreprises CFE SA (CFEB BB) jumped 3.7 percent to 55.75 euros, rising for a third straight day. Dredging Environmental & Marine Engineering NV, the dredging company co-owned by CFE and Ackermans & van Haaren NV, said Dredging International NV and Middle East Dredging Co. won a $260 million contract to create two artificial islands off the coast of Abu Dhabi for oil and gas exploration.

To contact the reporter on this story: Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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