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BUX advances on gains from MOL, Richter

Telco

The Budapest Stock Exchangeʼs main BUX index finished up 1.79% at 24,094.22 on Wednesday, rising through the session, as three of the four blue chips advanced.

Oil and gas company MOL and drugmaker Richter registered the biggest gains.

MOL was up 3.52% at HUF 14,700 on turnover of HUF 4.2 bln from a HUF 15.45 bln session total.

Richter climbed 2.56% to HUF 5,210 on turnover of HUF 3.6 bln. 

OTP gained 0.66% to HUF 6,075 on turnover of HUF 4.8 bln.

Magyar Telekom lost 0.45% to HUF 439 on turnover of HUF 1.1 bln.

The bourseʼs mid-cap BUMIX finished 0.43% higher at 1,757.05. 

Elsewhere in the region, the WIG-20 in Warsaw was unchanged while Pragueʼs PX index gained 0.85%.

Western Europeʼs major indices were mixed ahead of the end of trading. The FTSE100 in London lost 0.30% while the CAC40 in Paris was up 0.15% and the DAX30 in Frankfurt rose 0.46%.

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