BUX loses 1% as other peers in region rise

Telco

The Budapest Stock Exchange’s main BUX index finished the session on Thursday down 0.98% at 16,700.16, falling even as other indices in the region as well as in Western Europe made gains.

OTP Bank lost 2.11% to HUF 3,250 on turnover of HUF 11.9bn or about 71% of the HUF 16.7bn session total.

Oil and gas company MOL fell 1.53% to HUF 15,810 on turnover of HUF 2.5bn.

Drug maker Richter slid 1.11% to HUF 35,300 on turnover of HUF 859m, but Magyar Telekom climbed 2.37% to HUF 519 on turnover of HUF 1.1bn.

The bourse’s mid-cap BUMIX index fell 0.58% to 1,344.00.

Elsewhere in the region, Warsaw’s WIG 20 was up 1.75% and the Prague PX gained 1.94%.

Western Europe’s biggest indices were all higher late Thursday. London’s FTSE 100 was up 1.31%, Frankfurt’s DAX rose 2.80% and the CAC 40 in Paris advanced 2.78%.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.