BUX edges into green after directionless session
The Budapest Stock Exchangeʼs main BUX index showed little direction on Wednesday, flirting with the break-even mark for much of the session and finishing up 0.01% at 22,389.83.
OTP Bank dipped 0.22% to HUF 5,550 on turnover of HUF 3.7 bln or almost 60% of the HUF 6.5 bln session total.
Oil and gas company MOL inched up 0.03% to HUF 14,950 on turnover of HUF 1.0 bln.
Drugmaker Richter fell 0.45% to HUF 4,604 on turnover of just under HUF 1 bln, while Magyar Telekom climbed 1.65% to HUF 432 on turnover of a little more than HUF 640m.
The BUX was outpaced by Western Europeʼs biggest indices, but it outperformed other bourses in the region. In the Czech Republic, the Prague PX finished down 0.22% and Warsawʼs WIG 20 was down 0.82%.
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.