Belgian Stocks: Correction, War Fears & Stagflation Concerns

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BEL 20 Index: Performance and Outlook – March 9, 2026

The BEL 20, the benchmark stock market index of Euronext Brussels, experienced a decline on March 9, 2026, closing at 5,153.33, down 41.62 points or 0.80%. This follows a previous close of 5,194.95. Trading activity occurred at 12:04:15 PM GMT+1. The index tracks the performance of the 20 most capitalized and liquid stocks traded in Belgium.

Key Market Data (March 9, 2026)

  • Current Price: 5,153.33
  • Change: -41.62 (-0.80%)
  • Previous Close: 5,194.95
  • Open: 5,066.34
  • Day High: 5,152.08
  • Day Low: 5,061.26
  • 52-Week High: 5,691.52
  • 52-Week Low: 3,827.28

Constituent Performance

As of March 9, 2026, several key constituents experienced notable price movements:

  • AB InBev SA-NV: 61.94 (-1.68%)
  • Ackermans & van Haaren S.A.: 272.20 (-2.65%)
  • ageas NV: 59.10 (+0.34%)
  • Ahold Delhaize: 40.52 (-1.05%)
  • Cofinimmo S.A.: 80.80 (-2.18%)
  • D’Ieteren NV: 174.70 (-4.54%)
  • Elia System Operator SA-NV: 127.60 (-2.97%)
  • Engie: 26.29 (-1.76%)
  • Etablissementen Franz Colruyt NV: 33.36 (-1.48%)
  • Groupe Bruxelles Lambert S.A.: 80.40 (-2.78%)
  • KBC Groep N.V.: 104.90 (-5.07%)
  • NV Bekaert SA: 38.75 (-4.79%)
  • Proximus: 7.36 (-5.28%)
  • Solvay S.A.: 25.50 (-2.45%)
  • UCB S.A.: 248.70 (-0.60%)

Notably, Umicore shares recently slumped 11% after Groupe Bruxelles Lambert (GBL) sold half its stake. Investing.com reported this development on November 18, 2025.

Historical Performance

Over the past 30 days, the BEL 20 has experienced a performance of -7.71%. Over 90 days, the performance is 3.16%, and over 250 days, it is 14.73%.

About the BEL 20

The BEL 20 is designed to represent the performance of the most significant companies listed on the Euronext Brussels exchange. It generally consists of between 10 and 20 companies. Google Finance provides further details on the index and its methodology.

Where to Find More Information

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