BUX up 1.13% at noon, rising with European blue-chip peers
The Budapest Stock Exchange's blue-chip BUX index was up 1.13% at noon on Monday, rising with blue-chip indices throughout Europe.
The BUX commenced afternoon trade 200.26 points higher at 17,981.18 on a composite exchange turnover of HUF 3.2 billion.
BSE blue-chips stood as follows at Monday noon:
Drug company Richter was up 2.29% at HUF 35,800 on a turnover of HUF 111 million;
OTP Bank was up 1.63% at HUF 3,923 on an exchange-high turnover of HUF 2.74 billion;
Oil and gas company MOL was up 0.51% at HUF 16,590 on a turnover of HUF 261 million;
Magyar Telekom was flat at HUF 508 on a turnover of HUF 35 million.
Major European blue-chip stock indices were in positive territory at midday, with London's FTSE-100 up 1.65% and Frankfurt's Xetra DAX up 0.70%.
The BUX's central and eastern European high-cap peer indices were mixed at noon, with Prague's PX-50 down 0.04% and Warsaw's WIG-20 up 0.82%.
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.