BUX loses 0.4%, falling with other European indices

Telco

The Budapest Stock Exchange's main BUX index lost 0.40% to 17,386.69 on Tuesday, falling with other European indices on renewed eurozone debt fears and slower than expected Chinese growth.

OTP Bank lost 0.65% to HUF 3,380 on turnover of HUF 8.6bn or about 72% of the HUF 11.9bn session total.

Oil and gas company MOL fell 2.31% to HUF 16,900 on turnover of HUF 2.2bn.

Magyar Telekom gained 0.40% to HUF 508 on turnover of HUF 571m. The share rose after Magyar Telekom said it reached an agreement with unions to cut about 250 jobs.

Drugmaker Richter, the defensive share among the bourse's blue chips, climbed 2.22% to HUF 36,800 on turnover of HUF 396m.

The bourse's mid-cap BUMIX index edged up 0.11% to 1,393.64.

Elsewhere in the region, Warsaw's WIG 20 was down 0.38% but the Prague PX gained % 0.77%.

Western Europe's biggest indices were mixed late Tuesday. London's FTSE 100 was down 0.25% and the CAC 40 in Paris lost 0.78%, but Frankfurt's DAX was up 0.68%.

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