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BUX falls along with European peers

Telco

The Budapest Stock Exchangeʼs main BUX index fell 0.69% to 23,395.73 on Wednesday after losing 2.36% on Tuesday.

Despite early gains, the index spent most of the session in negative territory and all four blue-chips finished lower.

OTP Bank lost 0.18% to HUF 5,989 on turnover of HUF 4.67 bln from a HUF 7.48 bln session total.

Oil and gas company MOL was down 0.52% at HUF 13,510 on turnover of HUF 0.98 bln.

Magyar Telekom dipped 0.25% to HUF 395 on turnover of HUF 0.28 bln.

Drugmaker Richterʼs share price dropped 1.57% to HUF 5,385 on turnover of HUF 1.50 bln.

The bourseʼs mid-cap BUMIX finished 0.47% lower at 1,647.65.

Elsewhere in the region, the WIG-20 in Warsaw was up 0.43% while Pragueʼs PX index lost 1.72%.

Western Europeʼs major indices were down ahead of the end of trading. The FTSE100 in London lost 0.80%, the DAX30 in Frankfurt fell 0.96%, and the CAC40 in Paris dropped 0.82%.

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