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BUX opens up 0.55%

Telco

The Budapest Stock Exchange's blue-chip BUX index opened Tuesday trade up 0.55% at 16,631.26.

BSE blue-chips stood as follows at Tuesday's opening bell:

Oil and gas company MOL was up 2.95% at HUF 14,850;

Drug company Richter was up 1.54% at HUF 33,000;

Magyar Telekom was up 0.61% at HUF 491;

OTP Bank was down 2.41% at HUF 3,650 on the first session following the entire-day suspension of trade on the bank's shares on Monday pending the disclosure of extraordinary information, ostensibly Prime Minister Viktor Orbán’s announcement of details regarding a plan allowing Hungarians with foreign-currency-denominated mortgages to pay back their loans in a single installment at a fixed exchange rate.

On Monday, the BUX closed down 2.94% to 16,540.74 on a turnover of HUF 7.6 billion.

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