BUX dives along with European peers
The Budapest Stock Exchange's main BUX index fell 2.89% to 16,294.60 on Monday as major share indices were falling in Western Europe and the CEE region.
OTP Bank dropped 3.34% to HUF 3,615 on turnover of HUF 3.7 billion, oil and gas company lost 4.04% to HUF 14,495 on turnover of HUF 2.7 billion, drug maker Richter fell 1.23% to HUF 32,100 on turnover of HUF 0.8 billion and Magyar Telekom closed down 3.25% at HUF 476 on turnover of HUF 0.5 billion.
Share turnover amounted to HUF 8 billion for the session.
The bourse's mid-cap BUMIX index lost 1.23% to 1,382.50.
Major Western European share indices were all down, with London's FTSE falling 1.70%, Frankfurt's DAX dropping 2.97% and the CAC-40 in Paris losing 2.56%.
Elsewhere in the CEE region, Warsaw's WIG-20 fell 2.46% and Prague's PX-50 dropped 4.53%.
ADVERTISEMENT
Alteo Invests HUF 5.5 bln in Energy Storage
Sport Now 'Strategic Sector' for Hungary - Minister
IWG Expands Footprint in Hungary With 2 New Locations
More Guest Nights y.o.y. for Year-end
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.
