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BUX edges down after eurozone concerns escalate on Italy downgrade

Telco

The Budapest Stock Exchange's main BUX index started the session Tuesday down 0.08% at 16,281.78, after a downgrade of Italy's sovereign rating by Standard and Poor's elevated concerns about the eurozone debt crisis.

OTP Bank started trade down 0.47% at HUF 3,598. Oil and gas company MOL was flat at HUF 14,495.

Magyar Telekom slipped 0.21% to HUF 477. Drugmaker Richter was unchanged at HUF 32,100.

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