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BUX gains 0.10% by Thursday closing

The Budapest Stock Exchange's blue-chip BUX index closed Thursday trade up 0.10% to 23,059.77, gaining over 110 points in the last hour and a half of trade after the publication of data at 2:30 p.m., Central European Time, showing that new applications for unemployment benefits fell by less than expected in the United States last week drove the blue-chip index temporarily into the red.

The BUX gained 24.06 points on a light composite exchange turnover of HUF 12.27 billion, fluctuating in a narrow, 0.84% range between an intra-session high of 23,139.40 at 2:15 p.m. and an intra-session low of 22,945.77 at 4:00 p.m.

The mid-cap BUMIX index also posted a modest gain on Thursday, advancing 0.59 of a point, or 0.03%, to 1,933.10.

BSE blue-chips stood as follows at Thursday's closing bell: drug company Richter gained 2.88% to HUF 38,995 on higher-than-average turnover of HUF 2.7 billion; Magyar Telekom advanced 0.34% to HUF 590 on a turnover of HUF 891 million; OTP Bank lost 0.89% to HUF 5,551 on an exchange-high turnover of HUF 6.28 billion.

Oil and gas company MOL declined 0.50% to HUF 23,980 on a turnover of HUF 1.53 billion.

The BSE Big Four generated 92.9% of the exchange's composite Thursday turnover.

Other major central and eastern European blue-chip stock indices finished mixed on Thursday, with Prague's PX-50 losing 0.28% and Warsaw's WIG-20 gaining 0.36%.