BUX opens down 1.22%

Telco

OTP Bank lost 2.11% to HUF 4,180, oil and gas company MOL opened down 1.19% at HUF 17,000, drug maker Richter dropped 1.10% to HUF 35,405 and Magyar Telekom dipped 0.79% to HUF 505.

    Analyst Gergely Gábler of Erste Investment said he expected to see falling share prices on the BSE on Thursday. He said investors believe, based on news from the United States, that the likelihood of the introduction of another quantitative easing has decreased.

    Tamás Gerőcs of Equilor Investment noted that a number of macrodata are due out in the United States, which could influence global and domestic markets.

    The BUX closed up 1.69% at 18,630.97 on Wednesday, on turnover of HUF 13.4 billion.

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