BUX edges down as Richter, MTel fall

Telco

The Budapest Stock Exchangeʼs main BUX index finished the session on Monday down 0.17% at 27,089.00 as drugmaker Richter and Magyar Telekom weighed.

Richter lost 0.96% to HUF 5,645 on turnover of HUF 0.9 bln, just under one-third of the sparse HUF 3.0 bln session total.

MTel dropped 0.44% to HUF 451 on turnover of just HUF 0.1 bln.

OTP Bank edged up 0.09% to HUF 6,889 on turnover of HUF 1.0 bln.

Oil and gas company MOL advanced 0.34% to HUF 16,360 on turnover of HUF 0.9 bln.

The bourseʼs mid-cap BUMIX index slipped 0.21% to 1,761.58.

Elsewhere in the region, Warsawʼs WIG 20 rose 0.21% and the Prague PX climbed 1.45%.

Western Europeʼs biggest indices were higher before the end of trade on Monday. Londonʼs FTSE 100 was up 1.34%, Frankfurtʼs DAX climbed 0.28% and the CAC 40 in Paris edged up 0.18%.

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