BUX pares gains
The Budapest Stock Exchangeʼs main BUX index pared early session gains on Friday to close up 0.24% at 23,125.79.
OTP Bank slipped 0.08% to HUF 5,905. Turnover of the share was HUF 3.6 bln, or a little more than half of the HUF 7.0 bln session total.
Oil and gas company MOL fell 0.11% to HUF 13,550 on turnover of HUF 419 mln.
Drugmaker Richter climbed 0.86% to HUF 5,169 on turnover of HUF 2.5 bln.
Magyar Telekom advanced 0.49% to HUF 411 on turnover of HUF 216 mln.
The bourseʼs mid-cap BUMIX index rose 0.21% to 1,632.72.
Elsewhere in the region, Warsawʼs WIG 20 gained 0.61% and the Prague PX edged up 0.17%.
Western Europeʼs biggest indices were close to break-even late on Friday. Londonʼs FTSE was up 0.05%, Frankfurtʼs DAX was 0.16% higher but the CAC 40 in Paris was down 0.14%.
For the week, the BUX was up 3.27% on turnover of HUF 61.2 bln, well over the previous weekʼs HUF 46.3 bln.
OTP gained 5.60% on the week, MOL edged up 0.37%, Richter climbed 3.38% and Magyar Telekom advanced 4.05%.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.