BUX slides on global growth, eurozone debt concerns

Music

The Budapest Stock Exchange main BUX index finished the session Friday down 1.8% at 17,781, falling with other markets on concerns about global growth and the eurozone debt crisis.

OTP Bank lost 3% to HUF 3,860 on turnover of HUF 14.8 billion or about 82% of the HUF 18.1 billion session total. The decline followed better than expected earnings in the bank's Q2 report published before the start of trade on Friday.

Oil and gas group MOL finished down 1.2% at HUF 16,505 on turnover of HUF 2 billion.

Drugmaker Richter ended the day down 2.2% at HUF 35,000 on turnover of HUF 616 million.

Magyar Telekom was the only blue chip to advance, climbing 0.4% to HUF 508 on turnover of HUF 396 million.

ADVERTISEMENT

Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.