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%.

ADVERTISEMENT

Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.