Melexis turns to Euronext to boost liquidity

Melexis, a Belgian Nasdaq Europe-listed semiconductor manufacturer, has also started trading its shares on Euronext Brussels to improve liquidity and visibility.

Melexis was the third most actively traded stock on Nasdaq Europe, the former Easdaq exchange, in the week ending April 26 even though its turnover for that week was only €400,000 ($370,000). The Belgian company started trading on Euronext on Friday and the total turnover on that day increased 10-fold to €4.1m.

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