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Bux opens 0.07% down

OTP Bank rose 0.48% to HUF 6,310, oil and gas company MOL fell 0.20% to HUF 25,500, drug maker Richter lost 0.83% to HUF 38,360 and Magyar Telekom opened flat at HUF 607.

Analysts interviewed by MTI, Zoltán Varga of Quaestor and Zsolt Balásy of Concorde Securities, said they expected positive sentiment on the Budapest Stock Exchange on Friday.

Balásy said the rally of the previous days could continue on Friday, although he warned of the possibility of a downward correction, noting that OTP is rather "overbought".

The BUX closed up 0.47% at 24,451.38 on Thursday, on higher-than-average turnover of HUF 43.5 billion including trades of HUF 31 billion for OTP shares.