BUX rises 0.26% on gains from OTP, MTelekom and MOL
The Budapest Stock Exchange's blue-chip BUX index closed Wednesday trade up 0.26% to 18,775.53 as three of four bluechips registered gains.
The BUX advanced 47.85 points on a below-average composite exchange turnover of HUF 4.6 bln. The BUX fluctuated between an intra-session low of 18,720.75 shortly after the start of trade and an intra-session high of 18,807.70 at around 4 p.m.
BSE blue-chips stood as follows at the end of Wednesday trade:
OTP gained 0.11% to HUF 4,435 on an exchange-high turnover of HUF 2.47 bln;
Oil and gas company MOL advanced 0.40% to HUF 12,495 on turnover of HUF 1.29 bln;
Magyar Telekom rose 1.34% to HUF 379 on a turnover of HUF 559 mln;
Drug company Richter lost 0.29% to HUF 4,085 on a turnover of HUF 217 mln.
The BSE Big Four generated just less than 99% of the exchange's composite Tuesday turnover.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.