BUX falls with European peers

Telco

The Budapest Stock Exchangeʼs main BUX index finished down 0.20% at 26,845.23 on Wednesday as three of the four blue chips made losses.

The index spent almost all of the session in negative territory. 

OTP Bank edged down 0.07% to HUF 7,125 on turnover of HUF 2.8 bln from a HUF 6.2 bln session total.

Oil and gas company MOL lost 0.63% to HUF 16,490 on turnover of HUF 0.7 bln.

Drugmaker Richter fell 0.21% to HUF 5,584 on turnover of HUF 1.6 bln.

Magyar Telekom advanced 0.43% to HUF 467 on turnover of HUF 2.2 bln. Wednesday was the last day MTel shares traded with their dividend coupon, explaining the bigger than usual turnover. Shareholders earlier decided to pay HUF 15 per share on last yearʼs earnings.

The bourseʼs mid-cap BUMIX finished 0.13% lower at 1,783.94.

Elsewhere in the region, the WIG-20 in Warsaw was down 0.39% and Pragueʼs PX index lost 0.29%.

Western Europeʼs major indices were down before the end of trade. The FTSE100 in London edged down 0.05%, the DAX30 in Frankfurt fell 0.76%, and the CAC40 in Paris dropped 0.68%.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.