The Budapest Stock Exchange’s main BUX index climbed 1.86% to 17,423.33 on Friday, rising with other European indices on hopes European Union leaders will move closer to an agreement on managing the sovereign debt crisis in the eurozone at a weekend summit.

OTP Bank gained 3.15% to HUF 3,400 on turnover of HUF 6.7bn or a little more than two-thirds of the HUF 9.8bn session total.

Oil and gas company MOL rose 1.61% to HUF 17,000 on turnover of HUF 1.9bn.

Drugmaker Richter advanced 1.57% to HUF 35,650 on turnover of HUF 561m.

Magyar Telekom was up 1.38% at HUF 516 on turnover of HUF 448m.

The bourse’s mid-cap BUMIX index was down 0.24% at 1,381.14.

Elsewhere in the region, Warsaw’s WIG 20 was up 3.63% and the Prague PX climbed 1.68%.

Western Europe’s biggest indices were all higher late Friday. London’s FTSE 100 was up 1.87% , Frankfurt’s DAX advanced 3.04% and the CAC 40 in Paris gained 2.31%.