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BUX down 0.24% at noon as euro-zone debt worries weigh on OTP

The Budapest Stock Exchange's blue-chip BUX index was down 0.24% at noon on Monday as a late-Friday announcement from euro-zone finance officials that further measures were needed to address Greece's debt crisis weighed on the share value of OTP Bank on Monday morning.

The BUX commenced afternoon trade down 56.92 points at 23,655.45 on a composite exchange turnover of HUF 5.03 billion.

BSE blue-chips stood as follows at Monday noon:

OTP Bank was down 0.95% at HUF 6,280 on an exchange-high turnover of HUF 2.98 billion;

Drug company Richter was up 0.25% at HUF 37,800 on a turnover of HUF 360m;

Magyar Telekom was up 0.18% at HUF 560 on a turnover of HUF 187m;

Oil and gas company MOL was up 0.09% at HUF 23,250 on a turnover of HUF 1.4 billion.

Major European blue-chip stock indices were in negative territory at midday, with London's FTSE-100 down 0.68% and Frankfurt's Xetra DAX down 1.00%.

The BUX's central and eastern European high-cap peer indices were mixed at noon, with Prague's PX-50 down 0.44% and Warsaw's WIG-20 up 0.02%.