BUX slips, but not as much as Western European indices

Telco

The Budapest Stock Exchangeʼs main BUX index stayed in the red on Thursday: though it showed some signs of recovery near the end of the session, it still finished down 0.38% at 22,303.77.

OTP Bank lost 0.90% to HUF 5,500 on turnover of HUF 3.85 bln, around half of the HUF 7.6 bln session total.

Oil and gas company MOL edged down 0.03% to HUF 14,945 on turnover of HUF 1.65 bln.

Drugmaker Richter was almost unchanged, losing just 0.02% to HUF 4,603 on turnover of just HUF 1.57 bln.

Magyar Telekom lost 0.46% to HUF 430 on turnover of HUF 431m.

The BUX fell at a slower rate than Western Europeʼs biggest indices. Frankfurtʼs DAX was down 0.51%, Londonʼs FTSE-100 lost 1.10% and the CAC-40 index in Paris was down 0.69% late in the day.

The BUX was beat by the Prague PX index, which was up 0.14% on the day. In Warsaw, the stock exchange was closed for a holiday.


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