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BUX climbs on the back of European peers

Telco

The Budapest Stock Exchange's main BUX index rose 0.43% to 17,461.50 on Wednesday, climbing along with other share indices in Western Europe and the CEE region on renewed hopes of a plan to boost the euro zone's rescue fund.

OTP Bank gained 3.25% to HUF 3,490 on turnover of HUF 9.8bn.

Oil and gas company MOL advanced 0.59% to HUF 17,000 on turnover of HUF 0.98bn.

Drug maker Richter lost 2.99% to HUF 35,700 on turnover of HUF 0.65bn.

Magyar Telekom fell 0.20% to HUF 507 on turnover of HUF 0.57bn.

Share turnover amounted to HUF 12.2bn for the session.

The bourse's mid-cap BUMIX index lost 0.21% to 1,390.68.

Major Western European share indices were all up late Wednesday, with London's FTSE rising 0.76%, Frankfurt's DAX gaining 0.71% and the CAC-40 in Paris advancing 0.42%.

Elsewhere in the CEE region, Warsaw's WIG-20 inched up 0.08% and Prague's PX-50 rose 0.15%.

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