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BUX slips, but not as much as peers

Telco

The Budapest Stock Exchangeʼs main BUX index finished the session Monday down 0.23% at 26,268.11, falling with other share indices in Europe, though not by as much.

The BUX started the day stronger, but slipped into the red in early trade.

OTP Bank lost 0.51% to HUF 6,280 on turnover of HUF 2.5 bln. Total session turnover was a paltry HUF 4.2 bln with US markets closed for the Independence Day holiday.

Oil and gas company MOL fell 0.33% to HUF 16,550 on turnover of HUF 0.8 bln.

Drugmaker Richter, the bourseʼs defensive blue chip, gained 0.53% to HUF 5,700 on turnover of HUF 0.6 bln.

Magyar Telekom dropped 0.68% to HUF 436 on turnover of HUF 0.2 bln.

The bourseʼs mid-cap BUMIX index dropped 0.81% to 1,671.68.

Elsewhere in the region, Warsawʼs WIG 20 fell 1.15% but the Prague PX rose 0.38%.

Western Europeʼs biggest indices were all lower before the end of trade on Monday. Londonʼs FTSE was down 0.80%, Frankfurtʼs DAX fell 0.60% and the CAC 40 in Paris dropped 0.74%.

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