The Hungarian Stock Market Had a Weak Day
5 Articles
5 Articles
The BUX index closed the day down by one percent, among the blue chips Richter and Magyar Telekom rose moderately, while Mol and OTP fell more significantly.
After Monday's sharp rise, OTP's share price corrected on Tuesday, the bank's stock fell after the US inflation report and dragged down the BUX.
The BUX fell sharply on Tuesday. Among the blue chips, OTP and MOL fell massively, while Richter and Magyar Telekom closed the session with slight gains.
After Monday's sharp rise, OTP's share price corrected on Tuesday, the bank paper fell after the US inflation report and dragged down the BUX - said András Takács, equity analyst at Equilor Investment Zrt. The Budapest Stock Exchange's stock index closed at 144,586.39 points, down 1,477.82 points, or 1.01 percent, on Tuesday.
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