BUX outperforms peers in region

Telco

The Budapest Stock Exchangeʼs main BUX index tracked the movements of big indices in Western Europe on Tuesday, but outperformed its peers in the region, finishing the session up 0.33% at 22,386.48.

OTP Bank was the only blue chip that failed to advance, losing 1.56% to HUF 5,562 on the day. Turnover of the share came to HUF 5.1 bln or a little more than half of the HUF 10.0 session total.

Oil and gas company MOL gained 1.67% to HUF 14,945 on turnover of HUF 2.1 bln.

Drugmaker Richter rose 1.16% to HUF 4,625 on turnover of HUF 1.8 bln and Magyar Telekom was up 0.95% at HUF 425 on turnover of HUF 877m.

Western Europeʼs biggest indices were all lower late on Tuesday.

Elsewhere in the region, Warsawʼs WIG 20 was down 1.16% and the Prague PX fell 0.83%.

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