BUX finishes week higher
The Budapest Stock Exchangeʼs main BUX index finished the session on Friday up 1.43% at 23,657.79, tracking gains in Western Europe and leaving its regional peers far behind.
OTP Bank gained 1.58% to HUF 6,035 on turnover of HUF 3.4 bln or a little more than 40% of the HUF 8.0 bln session total.
Oil and gas company advanced 0.72% to HUF 13,980 on turnover of HUF 1.1 bln.
Drugmaker Richter rose 2.32% to HUF 5,200 on turnover of HUF 2.3 bln.
Magyar Telekom was up 0.70% at HUF 432 on turnover of HUF 1.2 bln.
The bourseʼs mid-cap BUMIX index edged up 0.12% to 1,704.50.
Elsewhere in the region, Warsawʼs WIG 20 gained 0.35%, but the Prague PX slipped 0.03%.
Western Europeʼs biggest indices were all higher late in the session on Friday. Londonʼs FTSE 100 was up 1.59%, Frankfurtʼs DAX rose 2.14% and the CAC 40 in Paris climbed 1.91%.
On the week, the BUX gained 2.10% as OTP fell 0.54%, but MOL rose 0.32%, Richter climbed 5.54% and Magyar Telekom advanced 6.93%, rallying on confirmation of a HUF 15-per-share dividend and hopes of an even higher payout next year.
Turnover for the week was HUF 44.0 bln, over the HUF 41.5 bln in the previous week.
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