BUX takes a pummeling in the morning

Telco

Photo courtesy Budapest Stock Exchange

The Budapest Stock Exchangeʼs main BUX index was down 7.45% at 33,814.08 at noon on Thursday, state news wire MTI reports.

OTP Bank lost 12.17% to HUF 10,390.

Oil and gas company MOL fell 1.36% to HUF 1,890.

Magyar Telekom was down 5.85% to HUF 354.

Pharma share Richter dropped 6.07% to HUF 6,110.

Share turnover was HUF 16.50 billion for the morning.

Major Western European share indices were all down at midday. The DAX30 in Frankfurt was down 5.46%, the CAC40 in Paris was 5.18% lower and the FTSE100 in London lost 5.23%.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.