KBC Securities - BEL20: Whos in, whos out?

Report

KBC Securities

Alan Vandenberghe

BEL20: Who's in, who's out?

ON 20 MARCH 2020, THE RESHUFFLING OF THE BEL20 WILL BE EFFECTIVE. THE CUT-OFF DATE FOR THE ANNUAL REVIEW WAS LAST FRIDAY (IE. THE PENULTIMATE FRIDAY OF FEBRUARY). WE EXPECT THE CHANGES TO BE ANNOUNCED A FEW DAYS BEFORE THE EFFECTIVE ADJUSTMENTS. WE THINK THAT ONTEX AND APERAM WILL BE REPLACED BY AEDIFICA AND EURONAV.

26/02/2020 5 EN

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

See profile

Analysts

Alan Vandenberghe

Other Reports from KBC Securities

Wim Hoste

Wim Hoste

Umicore EU looks set to abandon combustion engine ban in 2035

Based on various press articles, it seems increasingly likely that the European Union is to abandon the earlier agreed ban on new combustion engine-based passenger cars by 2035, whilst new legislation would still require a significant reduction of tailpipe emissions. Any loosening of legislation would probably be good news for Umicore's Catalysts business, with European ICE Light duty Automotive Catalysts' revenue representing c. 28% of total ICE light duty Automotive Catalysts' revenue. We await a bit more clarity on the new proposals before adjusting our forecasts, but maintain our Accumulat...

20h / 55m 20h / 55m 1 EN

Guy Sips ... (+2)

Guy Sips
Kristof Samoy

Morning Notes : CMBT BB, DEME BB

: CMBT BB, DEME BB

21h / 30m 21h / 30m 1 EN

Kristof Samoy

Kristof Samoy

CMB.Tech Investment in Chinese ammonia supply

CMB.TECH is investing in the Chinese ammonia supply chain and signed an off-take agreement for green ammonia produced by CEEC in the Jilin Province and will own a minority share in privately owned Andefu, one of China's largest ammonia supply chain companies. While CMB.TECH did not disclose any financials on the deal we estimate linked financials are relatively small. CMB.TECH has a sensible but disciplined investment approach towards decarbonisation. Through the offtake agreement and terminal ownership CMB.TECH gains access to certified green molecules in the Chinese ports where its dual fuel...

21h / 39m 21h / 39m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

BEL20: Who's in, who's out?

We are a financial services provider for several types of professional clients, each with distinct needs.

Umicore EU looks set to abandon combustion engine ban in 2035

Morning Notes : CMBT BB, DEME BB

CMB.Tech Investment in Chinese ammonia supply

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe