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BUX down 0.59% at noon

The Budapest Stock Exchange's blue-chip BUX was down 0.59% at noon on Thursday on a negative correction of the index's Wednesday gain of over 3% to an 11-month closing high.

The BUX commenced afternoon trade 144.53 points lower than its Wednesday close at 24,192.30 on an extraordinarily heavy composite exchange turnover of HUF 20.45billion.

BSE blue-chips stood as follows at Thursday noon:

OTP Bank was down 2.22% at HUF 6,119 on an enormous, exchange-high turnover of HUF 15.61 billion falling from its highest close since May 18, 2010 on Wednesday;

Magyar Telekom was down 0.83% at HUF 601 on a turnover of HUF 355 million;

Drug company Richter was down 0.27% at HUF 38,595 on a turnover of HUF 239m;

Oil and gas company MOL was up 0.87% at HUF 25,420 on a turnover of HUF 3.7billion.

Major European blue-chip stock indices were a tad in negative territory at midday, with London's FTSE-100 down 0.01% and Frankfurt's Xetra DAX down 0.03%.

The BUX's central and eastern European high-cap peer indices were also modestly lower at noon, with Prague's PX-50 down 0.16% and Warsaw's WIG-20 down 0.13%.