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BUX opens up 0.7%; all blue chips advance

The Budapest Stock Exchange's main BUX index opened up 0.69% at 16,444.27 on Wednesday, lifted by gains from all four blue chips.

OTP Bank started trade 0.28% higher at HUF 3,615.

Oil and gas company MOL rose 0.89% to HUF 14,680.

Magyar Telekom edged up 0.21% to HUF 482 and drugmaker Richter climbed 1.21% to HUF 32,595.