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BUX tumbles in morning trade

The Budapest Stock Exchange fell nearly 1% by noon on Wednesday, declining with blue chip peers throughout Europe.

The main BUX index went into afternoon trade at 22,928 on a turnover of HUF 3.88 billion.

The four blue chips stood as follows at Wednesday noon:

Oil and gas company MOL was down 2.77% at HUF 22,450 on a turnover of HUF 1.49 billion.

OTP Bank was down 0.69% at HUF 5,889 on a turnover of HUF 1.7 billion.

Magyar Telekom was down 0.35% at HUF 572 on a turnover of HUF 215 million.

Drugmaker Richter was up 1.13% at HUF 35,700 on a turnover of HUF 302 million.