MOL propels BUX to 1% gain
The Budapest Stock Exchange’s blue-chip BUX index closed Wednesday trade up 1.05% to 16,730.09 on a gain of nearly 2.5% from index heavyweight MOL.
The BUX closed 173.15 points higher on a composite exchange turnover of HUF 12.87bn, fluctuating in a 2.01% range between an intra-session low of 16,477.46 shortly after 9:00 a.m. opening bell and an intra-session high of 16,809.02 at shortly before 10:00 a.m..
BSE blue-chips stood as follows at Wednesday’s closing bell.
Oil and gas company MOL gained 2.37% to HUF 17,300 on a turnover of HUF 3.9bn;
OTP Bank advanced 0.87% to HUF 2,910 on an exchange-high turnover of HUF 7.28bn;
Drug company Richter gained 0.54% to HUF 36,395 on a turnover of HUF 412m;
Magyar Telekom finished unchanged at HUF 500 on a turnover of HUF 961m.
The BSE Big Four generated 97.5% of the exchange’s composite Wednesday turnover.
ADVERTISEMENT
MNB Sees Broadening Disinflationary Impact Till Year-end
V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'
Lego Invests HUF 54 bln in Expansion in Hungary
Budapest Muni Council Clears Rác Baths Renovation
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.
