Bel-20 reaches above 6,000 points for the first time: "Thanks to an abundance of solid classic companies"

The Bel-20 index has reached a new record, surpassing 6,000 points for the first time, driven by strong performances from major companies like AB InBev and UCB. Financial economist Tom Simonts highlights that this growth reflects a resurgence of traditional companies, compensating for the absence of tech giants. The index's rise follows the recent U.S. midterm elections, which shifted investor focus back to stable blue-chip firms. Simonts advises investors to consider whether the index's increase is justified, noting that the Belgian market remains reasonably priced despite concerns over a capital gains tax.