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BUX rallies to 0.07% gain

The Budapest Stock Exchange's blue-chip BUX index closed Thursday trade up 0.07% to 23,670.80, staging a 150-point rally during the final half hour of trade to emerge from negative territory just before closing bell.

The BUX gained 17.71 points on a composite exchange turnover of HUF 15.13 billion fluctuating in a 1.49% range between an intra-session high of 23,802.16 shortly after 9:30 a.m. and an intra-session low of 23,446.70 at 2:30 p.m.

The mid-cap BUMIX index declined slightly on Thursday, losing 0.32 of a point, or 0.02%, to 1,904.18.

BSE blue-chips stood as follows at Thursday's closing bell:

OTP Bank gained 1.22% to HUF 6,225 on an exchange-high turnover of HUF 8.02 billion

Drug company Richter advanced 0.40% to HUF 37,850 on a turnover of HUF 553 million;

Oil and gas company MOL lost 1.07% to HUF 23,495 on a turnover of HUF 2.27 billion

Magyar Telekom lost 0.36% to HUF 558 on a turnover of HUF 3.99 billion.

The BSE Big Four generated 98.04% of the exchange's composite Thursday turnover.

Other major central and eastern European blue-chip stock indices closed lower on Thursday, with Prague's PX-50 losing 1.10% and Warsaw's WIG-20 declining 0.70%.