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%.

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