BUX ends week higher

Telco

The Budapest Stock Exchangeʼs main BUX index finished up 0.10% at 22,326.95 on Friday in spite of losses by three of its blue chips.

It is important to note that OTP and Richter shares are traded without their dividend coupons from Friday.

Sentiment on European markets was pessimistic after Greece postponed repayment of an IMF loan due on Friday until the end of the month.

OTP Bank dropped 2.09% to HUF 5,385 on turnover of HUF 2.6 bln, more than half of the HUF 4.7 bln session total.

Oil and gas company MOL advanced 0.10% to HUF 14,960 on turnover of HUF 1.1 bln.

Drugmaker Richter lost 1.15% to HUF 4,550 on turnover of HUF 0.74 bln.

Magyar Telekom fell 0.47% to HUF 428 on turnover of HUF 0.12 bln.

The bourseʼs mid-cap BUMIX finished 0.83% higher at 1,607.92.

Elsewhere in the region, the WIG 20 in Warsaw was down 0.98%, while Pragueʼs PX lost 1.36%.

Major western European share indices were all down ahead of their close on Friday, with Londonʼs FTSE down 0.69%, Frankfurtʼs DAX losing 1.19%, and the CAC40 in Paris falling 1.32%.


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