OTP, MOL gain but BUX finishes just under break-even

Gains by OTP Bank and MOL nearly lifted the BUX into the green at the end of the session on Thursday, but the bourse’s main index finished down 0.03% at 16,973.50.
OTP Bank advanced 1.50% to HUF 3,045 on turnover of HUF 7.5bn or about 71% of the HUF 10.6bn session total.
Oil and gas company MOL rose 0.28% to HUF 8,150 on turnover of HUF 2.0bn.
Drugmaker Richter fell 1.12% to HUF 34,500 on turnover of HUF 329m, and Magyar Telekom was down 1.00% at HUF 495 on turnover of HUF 372m.
The bourse’s mid-cap BUMIX index was down 1.31% at 1,356.61
Elsewhere in the region, Warsaw’s WIG 20 edged down 0.04% but the Prague PX was up 0.85%.
Western Europe’s biggest indices were mixed late Thursday. London’s FTSE 100 was down 0.42% and Frankfurt’s DAX slipped 0.42%, but the CAC 40 in Paris was up 0.38%.
ADVERTISEMENT
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.