The Budapest Stock Exchange’s main BUX index was down 7.42% at 76,868.34 about 15 minutes after the opening bell, according to state news wire MTI
.OTP Bank dropped 9.91% to HUF 20,000 and oil and gas company MOL lost 5.91% to HUF 2,740. Pharma share Richter fell 5.12% to HUF 9,545 and Magyar Telekom dipped 3.98% to HUF 1,448.
The BUX finished the session on Friday down 4.81%. Turnover reached HUF 56 billion.
The forint traded at 408.37 to the euro around 10:00 in the morning on Monday’s interbank forex market, softening from 406.26 late on Friday.
The forint slipped to 371.00 from 370.05 against the dollar. It weakened to 437.60 from 431.86 to the Swiss franc.
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