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BUX down slightly at noon on light turnover as investors monitor events in Libya

The Budapest Stock Exchange's blue-chip BUX index was down 0.06% on a light turnover of HUF 2.22 billion at noon on Monday as BSE investors idled in a wait-and-see mode in order to gauge the impact of the unfolding civil conflict taking place in Libya on global oil prices.

The BUX commenced afternoon trade down 12.66 points at 22,923.23. BSE blue-chips stood as follows at Monday noon: Drug company Richter was down 0.73% at HUF 37,400 on a turnover of HUF 80 million; OTP Bank was down 0.11% at HUF 5,569 on an exchange-high turnover of HUF 1.18 billion; Magyar Telekom was up 0.53% at HUF 573 on a turnover of HUF 129 million; Oil and gas company MOL was up 0.29% at HUF 24,370 on a turnover of HUF 706 million.

Major European blue-chip stock indices were mixed at midday, with London's FTSE-100 up 0.22% and Frankfurt's Xetra DAX down 0.22%.

The BUX's central and eastern European high-cap peer indices were also mixed at noon, with Prague's PX-50 down 0.77% and Warsaw's WIG-20 up 0.99%.