BUX up 1.9% at noon as rally continues

Telco

The Budapest Stock Exchange blue-chip BUX index was up 1.9% at noon on Friday as a positive correction begun on Thursday continued to provide the value of shares traded at the BSE with a boost.

The BUX commenced afternoon trade 334 points higher at 18,081 on a composite exchange turnover of HUF 6.82 billion after gaining 2.1% on Thursday and losing a composite 11.9% during the first three trade sessions of the week.

The four blue chips stood as follows at Friday noon:

OTP Bank was up 3.1% at HUF 4,330 on a turnover of HUF 5 billion.

Oil and gas group MOL was up 1.5% at HUF 16,400 on a turnover of HUF 1.25 billion.

Magyar Telekom was up 1.2% at HUF 490 on a turnover of HUF 283 million.

Drugmaker Richter was up 1.23% at HUF 33,405 on a turnover of HUF 103 million.

ADVERTISEMENT

Job ads in hospitality, tourism sector grow drastically  Analysis

Job ads in hospitality, tourism sector grow drastically 

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.