OTP Starts the Day with a Rise
4 Articles
4 Articles
The day starts with small gains on European stock markets and the Hungarian market, with only Telekom falling among the blue chips this morning.
The rise in European stock markets will continue on Tuesday morning, and the Hungarian market will outperform under the leadership of OTP. The favorable international sentiment is also supported by the strengthening of the US stock market on Monday. Meanwhile, a mixed picture emerged of the Hungarian economy: industrial production increased, while retail sales decreased again on a monthly basis.
Although OTP's shares saw significant trading, the analyst said all leading blue chips rose in Monday's favorable mood.
The turnover of OTP shares was significant, amounting to 19.5 billion forints.
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