BUX down 1.83% at noon

Telco

The Budapest Stock Exchange's BUX index was down 1.83% at noon on Thursday, declining with blue-chip indices throughout Europe on a negative correction of recent gains.

The BUX commenced afternoon trade 338.90 points lower at 18,132.35 on a composite exchange turnover of HUF 4.8 billion after gaining nearly 700 points over the past four sessions. 

BSE blue-chips stood as follows at Thursday noon: 

OTP Bank was down 2.89% at HUF 4,030 on an exchange-high turnover of HUF 2.63 billion;

Oil and gas company MOL was down 2.17% at HUF 17,100 on a turnover of HUF 1.74 billion;

Drug company Richter was down 1.52% at HUF 34,450 on a turnover of HUF 101 million;

Magyar Telekom was down 0.39% at HUF 507 on a turnover of HUF 153 million.

Major European blue-chip stock indices were in negative territory at midday, with London's FTSE-100 down 0.45% and Frankfurt's Xetra DAX down 1.72%.

The BUX's central and eastern European high-cap peer indices were also lower at noon, with Prague's PX-50 down 1.37% and Warsaw's WIG-20 2.45%. 

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

Operative corps for economic recovery decides on further mea... Government

Operative corps for economic recovery decides on further mea...

Healthcare Roadshow Highlights Innovation, Screening Awarene... Interview

Healthcare Roadshow Highlights Innovation, Screening Awarene...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.