Story
Belgium's BEL 20 Index Climbs to Record High on Broad Sector Gains
Belgium's benchmark stock index, the BEL 20, surged to a new all-time high on Thursday, closing the session up 0.92% on broad-based gains. The advance was driven by strong investor sentiment across several key sectors, pushing the index into record territory.
Broad-Based Rally Lifts Brussels
The rally was supported by notable strength in the Financials, Basic Materials, and Industrials sectors, which led the market higher, according to closing data from the Brussels Stock Exchange.
Market breadth was positive, indicating widespread buying interest. Advancing stocks outnumbered decliners by a margin of 54 to 39, with 11 stocks ending the session unchanged.
Top Movers
Several component stocks posted significant gains, leading the index's ascent. The top performers included:
Ad- Sofina (EBR:SOF), which rose 3.58% to close at 249.00.
- KBC Groep NV (EBR:KBC), which added 2.22% to finish at 133.60, also marking an all-time high for the stock.
- Warehouses de Pauw (EBR:WDPP), which gained 2.17% to end the day at 21.66.
On the downside, the session's worst performers were Elia (EBR:ELI), which fell 0.75%, and Lotus Bakeries (EBR:LOTB), which declined 0.65%.
Broader Market Context
In the wider commodities market, Gold Futures for December delivery saw a notable increase of 2.80%. Crude oil prices were mixed, with the U.S. WTI contract rising slightly while the international Brent benchmark edged lower. In currency markets, the EUR/USD pair was largely stable, while the US Dollar Index Futures traded down 0.62%.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.