BUX opens down 1.22%

Telco

OTP Bank lost 2.11% to HUF 4,180, oil and gas company MOL opened down 1.19% at HUF 17,000, drug maker Richter dropped 1.10% to HUF 35,405 and Magyar Telekom dipped 0.79% to HUF 505.

    Analyst Gergely Gábler of Erste Investment said he expected to see falling share prices on the BSE on Thursday. He said investors believe, based on news from the United States, that the likelihood of the introduction of another quantitative easing has decreased.

    Tamás Gerőcs of Equilor Investment noted that a number of macrodata are due out in the United States, which could influence global and domestic markets.

    The BUX closed up 1.69% at 18,630.97 on Wednesday, on turnover of HUF 13.4 billion.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

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.