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BUX falls on Fed comments

The Budapest Stock Exchange's main BUX index ended the session on Wednesday down 1.29% at 22,247.24 , falling after the US Federal Reserve delivered a more pessimistic assessment of the recovery late Tuesday.

OTP Bank lost 1.08% to HUF 5,045 on turnover of HUF 16.0 billion, or a little more than 80% of the HUF 19.5 billion session total.

Oil and gas company MOL dipped 1.69% to HUF 20,105 on turnover of HUF 1.6 billion.

Magyar Telekom dropped 1.79% to HUF 658 on turnover of HUF 656m, and drug maker Richter lost 0.77% to HUF 45,700 on turnover of HUF 970m.

The bourse's mid-cap BUMIX index dropped 0.71% to 2,014.73.

Elsewhere in the region, Warsaw's WIG 20 fell 1.38% and the Prague PX was down 1.57%.

Western Europe's biggest indices were all lower late Wednesday. London's FTSE 100 was down 1.99% at 5,269.62 , Frankfurt's DAX fell 2.02% to 6,159.41 and the CAC 40 in Paris slipped 2.48% to 3,638.09. (MTI-Econews)