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BUX falls with European peers

Telco

The Budapest Stock Exchangeʼs main BUX index finished down 0.53% at 26,310.88 on Friday after gaining 0.52% on Thursday. The BUX index spent the whole session in negative territory; Magyar Telekom was the only blue chip to advance.

OTP Bank edged down 0.09% to HUF 6,920 on turnover of HUF 5.2 bln from a HUF 10.32 bln session total. 

Oil and gas company MOL lost 1.42% to HUF 16,355 on turnover of HUF 2.8 bln. 

Drugmaker Richter dropped 0.75% to HUF 5,458 on turnover of HUF 1.0 bln. 

Magyar Telekom rose 0.66% to HUF 459 on turnover of HUF 1.1 bln. 

The bourseʼs mid-cap BUMIX finished 0.25% higher at 1,749.78.  

Elsewhere in the region, the WIG-20 in Warsaw was down 1.22% while Pragueʼs PX index lost 0.78%. 

Western Europeʼs major indices were down ahead of the end of trading. The FTSE100 in London lost 0.58%, the CAC40 in Paris 1.43% and the DAX30 in Frankfurt 1.60%. 

During the week the BUX index gained 3.40%, while total weekly turnover was HUF 47.32 bln. The BUMIX finished the week 0.88% higher. 

For the week OTP was up 3.78% on a turnover of HUF 21.66 bln, MOL gained 3.19% with a turnover of HUF 11.83 bln, Magyar Telekom rose 4.56% with a turnover of HUF 3.78 bln and Richter was up 2.98% with a turnover of HUF 9.52 bln. 

Elsewhere in the region, the WIG-20 in Warsaw edged up 0.03% while Pragueʼs PX index lost 0.17%. 

Western Europeʼs major indices were down before the end of trading according to preliminary data. The FTSE100 in London lost 1.47%, the DAX30 in Frankfurt was down by 1.69%, and the CAC40 in Paris lost 2.12%.

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