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BUX rebounds with other European indices

Telco

The Budapest Stock Exchangeʼs main BUX index finished the session on Wednesday up 1.89% at 26,318.09, rebounding with other European indices hit by concerns over a possible exit of the UK from the EU in recent days.

OTP Bank was the dayʼs biggest winner, closing up 3.74% at HUF 6,795. Turnover of the share came to HUF 7.2 bln, about 70% of the HUF 10.3 bln session total.

Oil and gas company MOL gained 0.85% to HUF 16,000 on turnover of HUF 1.4 bln.

Drugmaker Richter also advanced 0.85%, to HUF 5,355 on turnover of HUF 1.4 bln.

Magyar Telekom rose 1.40% to HUF 435 on turnover of HUF 0.3 bln.

The bourseʼs mid-cap BUMIX index edged up 0.13% to 1,688.32.

Elsewhere in the region, Warsawʼs WIG 20 rose 0.58% and the Prague PX climbed 1.16%.

Western Europeʼs biggest indices were all higher before the end of trade on Wednesday. Londonʼs FTSE 100 was up 1.17%, Frankfurtʼs DAX advanced 1.25% and the CAC 40 in Paris rose 1.55%.

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