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BUX closes higher, outperforming regional peers

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The Budapest Stock Exchangeʼs main BUX index finished up 0.33% at 26,298.11 on Wednesday, outperforming its peers in the region, albeit on meager turnover. The index spent most of the session in positive territory.

OTP Bank fell 0.14% to HUF 6,890 on turnover of HUF 3.95 bln from a HUF 7.8 bln session total. 

Oil and gas company MOL gained 0.58% to HUF 16,335 on turnover of HUF 1.79 bln.

Drugmaker Richter lost 0.22% to HUF 5,434 on turnover of HUF 0.78 bln.

Magyar Telekom advanced 2.40% to HUF 469 on turnover of HUF 1.05 bln.

The bourseʼs mid-cap BUMIX finished 0.56% higher at 1,758.96.

Elsewhere in the region, the WIG-20 in Warsaw was down 0.74% while Pragueʼs PX index lost 0.58%.

Western Europeʼs major indices were up ahead of the end of trading. The FTSE100 in London rose 0.80%, the CAC40 in Paris gained 0.59% and the DAX30 in Frankfurt climbed 0.51%.

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