BUX ends in positive territory in spite of OTP loss
The Budapest Stock Exchange's main BUX index inched up 0.04% at 17,456.33 on Monday as sentiment turned negative on global stock exchanges in the afternoon.
OTP Bank was the only blue chip to lose, falling 2.49% to HUF 3,402 on turnover of HUF 10.7bn, oil and gas company MOL gained 1.53% to HUF 17,300 on turnover of HUF 3.6bn, drug maker Richter rose 0.84% to HUF 36,000 on turnover of HUF 0.8bn and Magyar Telekom advanced 1.00% to HUF 506 on turnover of HUF 1.3bn.
Share turnover amounted to HUF 16.8bn for the session.
The bourse's mid-cap BUMIX index lost 0.53% to 1,392.14.
Major Western European share indices were all down, with London's FTSE falling 0.90%, Frankfurt's DAX losing 2.09% and the CAC-40 in Paris dropping 1.48%.
Elsewhere in the CEE region, Warsaw's WIG-20 lost 1.13% and Prague's PX-50 fell 1.91%.
ADVERTISEMENT
Bosnia Inflation Softens in October
Sport Now 'Strategic Sector' for Hungary - Minister
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.
