Are you sure?

BUX closes down 0.08%

The Budapest Stock Exchange's main BUX index hugged the break-even mark for much of the session on Friday but finished the day down 0.08% at 24,432.50 on losses by oil and gas company MOL and drug maker Richter.

MOL lost 0.78% to HUF 25,350 on turnover of HUF 4.0billion.

Richter slipped 0.47% to HUF 38,500 on turnover of HUF 798 million.

OTP Bank gained 0.65% to HUF 6,321 on turnover of HUF 17.5 billion or about 71% of the HUF 24.7 billion session total.

Magyar Telekom advanced 1.15% to HUF 614 on turnover of HUF 1.1 billion.

The bourse's mid-cap BUMIX index dipped 4.89% to 1,926.53.

Elsewhere in the region, Warsaw's WIG 20 dropped 0.98% and the Prague PX edged down pc 0.13%.

Western Europe's biggest indices were all higher late Friday. London's FTSE 100 rose 0.69%, Frankfurt's DAX was up 0.39% and the CAC 40 in Paris climbed 0.63%.

For the week, the BUX gained 3.39% as OTP Bank advanced 10.03%, MOL climbed 2.63% and Magyar Telekom rose 3.89%, but Richter lost 3.61%. Turnover for the week came to HUF 150.2 billion well over the HUF 61.6 billion in the previous week.