E-Malt.com News article: Belgium: Rita Hurricane doesn’t affect as foreseen share prices, InBev still leading in the market

Brussel’s share prices closed mostly in positive territory, with investors welcoming news that hurricane Rita might have less of an impact on the US economy and with brewer Inbev leading the market, AFX reported on September 23. At the close, the Bel 20 was up 11.07 points or 0.34 pct at 3,298.14.

'Rita may have less of an impact than what was previously feared,' said a trader, asked to comment on the Belgian index's modest rise. The trader added that the amount of corporate news received by the market had been quite limited today.

Inbev posted the highest gains, climbing 0.76 Euro or 2.34 pct to 33.23 Euro.


27 September, 2005