ADVERTISEMENT

BUX up 0.31% at noon on eurozone debt relief efforts

Telco

The Budapest Stock Exchange's blue-chip BUX index was up 0.31% at noon on Friday as the meeting of European finance ministers on Friday and the European Central Bank's announcement on Thursday that it would reintroduce three-month dollar liquidity tenders in Q4 boosted sentiment among BSE investors.

The BUX commenced afternoon trade 52.02 points higher at 16,850.23 on a composite exchange turnover of HUF 3.23 billion.

BSE blue-chips stood as follows at Friday noon:

OTP Bank was up 0.54% at HUF 3,750 on an exchange-high turnover of HUF 1.98 billion;

Oil and gas company MOL was up 0.47% at HUF 15,015 on a turnover of HUF 717m;

Drug company Richter was up 0.45% at HUF 33,550 on a turnover of HUF 329m;

Magyar Telekom was up 0.21% at HUF 488 on a turnover of HUF 133m.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.