1011 GMT - Shares in metals refiners and car-catalyst makers Umicore and Johnson Matthey fall, reflecting a precious-metals selloff. Shares in Belgium's Umicore trade 6.5% lower, making it one of the biggest decliners in the Stoxx Europe 600 index. Meanwhile, shares in U.K.-based Johnson Matthey drop 2.5%. The two companies refine platinum-group metals and their share prices and earnings are typically affected by fluctuations in the price of precious metals. Some analysts had said in recent weeks their shares could benefit from higher PGM prices, but were vulnerable to any price pullback. Despite the latest drop, Umicore shares are still up about 92% over the past year, and Johnson Matthey's up 61%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

February 02, 2026 05:11 ET (10:11 GMT)

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