BUX advances with European peers

Telco

The Budapest Stock Exchangeʼs main BUX index finished 1.48% higher at 26,412.03 on Wednesday as all of the blue chips advanced.

The BUX index stayed above the break-even mark throughout the session, rising along with European share indices after strong Chinese trade data boosted sentiment on markets.

OTP Bank gained 2.03% to HUF 7,020 on turnover of HUF 5.14 bln from a HUF 8.42 bln session total.

Oil and gas company MOL rose 0.72% to HUF 16,185 on turnover of HUF 1.09 bln.

Drugmaker Richter climbed 2.00% to HUF 5,455 on turnover of HUF 1.59 bln.

Magyar Telekom closed up 0.86% at HUF 467 on turnover of HUF 0.42 bln.

The bourseʼs mid-cap BUMIX finished 0.46% higher at 1,757.33. 

Elsewhere in the region, the WIG-20 in Warsaw was up 1.92% while Pragueʼs PX index rose 0.97%.

Western Europeʼs major indices were up before the end of trading. The FTSE100 in London gained 1.59%, the DAX30 in Frankfurt was up by 2.13%, and the CAC40 in Paris climbed 2.79%.

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