BUX soars on eurozone debt deal

The Budapest Stock Exchange’s main BUX index rose 3.82% to 18,027.95 on Thursday, after European leaders reached a deal on managing the sovereign debt crisis in the eurozone.

OTP Bank gained 6.14% to HUF 3,650 on turnover of HUF 13.4bn or about 65% of the HUF 20.7bn session total.

Oil and gas company MOL advanced 5.95% to HUF 17,805 on turnover of HUF 4.8bn.

Drugmaker Richter climbed 1.01% to HUF 35,650 on turnover of HUF 369m, and Magyar Telekom was up 0.38% at HUF 525 on turnover of HUF 1.7bn.

The bourse’s mid-cap BUMIX index rose 0.92% to 1,390.16.

Elsewhere in the region, Warsaw’s WIG 20 was up 3.40 and the Prague PX rose 1.57%.

Western Europe’s biggest indices were all higher late Thursday. London’s FTSE 100 was up 2.51%, Frankfurt’s DAX rose 4.93% and the CAC 40 in Paris climbed 5.83%.

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