BUX rises on OTP rally
The Budapest Stock Exchangeʼs main BUX index finished the session Tuesday up 0.89% at 22,036.05, climbing on an almost 4% advance by OTP Bank.
OTP Bank gained 3.81% to HUF 5,399 on Tuesday. Turnover of the share reached HUF 6.8 bln or 63% of the HUF 10.8 bln session total.
Oil and gas company MOL lost 0.75% to HUF 14,610 on turnover of HUF 1.3 bln.
Drugmaker Richter dropped 0.27% to HUF 4,423 on turnover of HUF 1.4 bln.
Magyar Telekom slipped 0.70% to HUF 427 on turnover of HUF 1.3 bln.
Elsewhere in the region, Warsawʼs WIG 20 lost 0.66% and the Prague PX was down.
Western Europeʼs biggest indices were also all in the red late Tuesday.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.