BUX finishes down 0.16%; Richter, OTP weigh

The Budapest Stock Exchangeʼs main BUX index finished the session on Friday down 0.16% at 23,666.29, as drugmaker Richter and OTP Bank weighed.
OTP Bank fell 0.17% to HUF 5,911 on turnover of HUF 3.3 bln or about 45% of the HUF 7.4 bln session total.
Richter dropped 1.49% to HUF 5,437 on turnover of HUF 1.5 bln.
Oil and gas company MOL was up 0.78% at HUF 14,200 on turnover of HUF 1.9 bln.
Magyar Telekom advanced 1.01% to HUF 401.
The bourseʼs mid-cap BUMIX index rose 0.31% to 1,609.41.
Elsewhere in the region, the WIG 20 in Warsaw rose 0.99% but the Prague PX fell 0.55%.
Western Europeʼs biggest indices were all lower late Friday. Londonʼs FTSE was down 0.52%, Frankfurtʼs DAX slipped 1.38% and the CAC 40 in Paris declined 1.19%.
For the week, the BUX rose 2.34% as OTP climbed 2.80%, MOL gained 3.65% and Richter advanced 2.58%, while Magyar Telekom dropped 1.96%. Turnover for the week was HUF 49.5 bln, well over the HUF 38.6 bln in the previous week.
ADVERTISEMENT
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.