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BUX pares losses, rises 1.82% in positive global sentiment, MOL leads gains

The Budapest Stock Exchange's main BUX index closed up 1.82% at 23,372.66 on Wednesday, gaining along with Western European share indices, after opening and spending most of the session in negative territory.

OTP Bank gained 1.86% to HUF 4,940 on turnover of HUF 16.4 billion, oil and gas company MOL rose 3.66% to HUF 22,350 on turnover of HUF 3.7 billion, drug maker Richter advanced 0.52% to HUF 48,405 on turnover of HUF 2 billion and Magyar Telekom gained 0.88% to HUF 690 on turnover of HUF 0.9 billion.

Share turnover amounted to HUF 24.1 billion for the session.

The bourse's mid-cap BUMIX index advanced 0.29% to 2,033.59.

Major Western European share indices were all up, with London's FTSE rising 0.59%, Frankfurt's DAX gaining 0.84% and the CAC-40 in Paris advancing 1.09%.

Share indices in the CEE region were mixed, with Warsaw's WIG-20 gaining 2.09% and Prague's PX-50 losing 0.85%. (MTI – Econews)