BUX falls 0.70%; MOL, MTel biggest losers

Telco

The Budapest Stock Exchange's main BUX index fell 0.70% to 17,701.05 on Friday. Among the blue chips, oil and gas company MOL and Magyar Telekom were the biggest losers.

MOL lost 1.20% to HUF 11,925 on turnover of HUF 613 mln.

Magyar Telekom was down 1.97% at HUF 348. Turnover of the share came to HUF 751 mln.

OTP Bank dropped 0.30% to HUF 4,000. Turnover reached HUF 3.02 bln or almost 60% of the HUF 5.22 bln session total.

Drugmaker Richter edged down 0.12% to HUF 4,020.

The bourse's mid-cap BUMIX index finished down 0.24% at HUF 1,495.96.

Elsewhere in the region, Warsaw's WIG30 was down 1.36% and the Prague PX fell 1.07%.

Western Europe's biggest indices were also lower late on Friday.

On the week, the BUX lost 1.08% as OTP dropped 2.68%, MOL inched down 0.13%, MTel slid 4.66% and Richter fell 1.64%.

Turnover for the week totalled HUF 23.9 bln, down from HUF 30.9 bln in the previous week.

Lender Liquidity Increases Further Banking

Lender Liquidity Increases Further

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Home Rental Rates in Hungary Rise 11.7% in March Residential

Home Rental Rates in Hungary Rise 11.7% in March

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

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.