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Budapest bourse skids in early trade

The Budapest Stock Exchange blue chip BUX index opened Tuesday trade down 0.76% at 22,461.

The four blue chips stood as follows at Tuesday's opening bell:

Oil and gas company MOL was down 2.9% at HUF 20,305.

Drugmaker Richter was down 0.3% at HUF 36,700.

OTP Bank was unchanged at HUF 5,950.

Magyar Telekom was up 0.5% at HUF 583.

On Monday, the BUX fell 0.9% to 22,632.55 on a turnover of HUF 7 billion.