Richter rally lifts BUX

The Budapest Stock Exchangeʼs main BUX index finished the session on Friday up 1.33% at 27,011.72, rising on a rally by drugmaker Richter as other European indices were flat.

Richter climbed 4.23% to HUF 5,839 on turnover of HUF 4.1 bln or nearly half of the HUF 8.6 bln session total.

OTP Bank lost 1.92% to HUF 6,890 on turnover of HUF 2.3 bln.

Oil and gas company MOL rose 0.43% to HUF 16,330 on turnover of HUF 1.7 bln.

Magyar Telekom edged up 0.22% to HUF 459 on turnover of HUF 0.4 bln.

The bourseʼs mid-cap BUMIX index was up 0.33% at 1,771.83

Elsewhere in the region, Warsawʼs WIG 20 fell 0.54% and the Prague PX edged down 0.09%.

Western Europeʼs biggest indices were around break-even before the end of trade on Friday. Londonʼs FTSE 100 was down 0.02%, Frankfurtʼs DAX slid 0.01% and the CAC 40 in Paris dropped 0.15%.

On the week, the BUX rose 2.18%. OTP rose 0.58%, MOL fell 1.03%, Richter advanced 4.74% and MTel gained 2.91%.

Automotive

ALD Automotive | LeasePlan Unveils New Global Mobility Brand Ayvens

Government

Orbán: Peak Flood Expected to Leave Hungary by Mid-Next Week

Energy Trade

MVM H1 Revenue Falls 22% Y.O.Y.

EU

EU to Deduct EUR 200 mln Fine From Hungary Funding

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.