Bloomberg News

Hungary Stocks: OTP Bank, Refiner Mol Move in Budapest Trading

February 14, 2012

Feb. 14 (Bloomberg) -- Hungary’s benchmark BUX stock index fell 0.8 percent to 19,046.83 at the close in Budapest. The following were among the most active equities in the Hungarian market today. Stock symbols follow company names.

OTP Bank Nyrt. (OTP HB), Hungary’s largest lender, dropped 2.7 percent to 3,930 forint after Moody’s Investors Service downgraded six European countries and Hungary’s government said it may face more hurdles in its quest to obtain an international bailout.

Mol Nyrt. (MOL HB), Hungary’s largest refiner, fell 0.6 percent to 19,180 forint, the lowest close since Feb. 1, as its INA Industrija Nafte d.d. unit said violence in Syria hurt fourth-quarter results.

--Editors: Peter Branton, Robert Valpuesta

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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