BUX eases in light morning trade

Music

The Budapest Stock Exchange blue-chip BUX index was down 0.5% in light, hectic trade at noon on Friday as many BSE investors idled in a wait-and-see mode ahead of Federal Reserve Chairman Ben Bernanke's policy speech at 3:00 p.m., Central European Time.

The BUX commenced afternoon trade 93.82 points lower at 17,678.85 on a composite exchange turnover of HUF 1.45 billion.

The four blue chip stocks stood as follows at Friday noon:

Drugmaker Richter was down 0.9% at HUF 33,705 on a turnover of HUF 29 million

OTP Bank was down 0.8% at HUF 4,047 on an exchange-high turnover of HUF 1.08 billion.

Magyar Telekom was down 0.80% at HUF 496 on a turnover of HUF 30 million.

Oil and gas group MOL was up 0.3% at HUF 16,150 on a turnover of HUF 266 million.

ADVERTISEMENT

Equilor analysts forecast 4.5% GDP growth for 2022 Analysis

Equilor analysts forecast 4.5% GDP growth for 2022

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New leasing and sales director at Horizon Development Appointments

New leasing and sales director at Horizon Development

Gov't calls for technical screening of László Papp Arena City

Gov't calls for technical screening of László Papp Arena

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.