Bloomberg News

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

February 27, 2012

Hungary’s benchmark BUX stock index fell 1.1 percent to 19,168.46 as of 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) , Hungary’s largest lender, fell as European stocks declined and as the country faced delays to talks on a bailout from the European Union and International Monetary Fund. The shares dropped 1.1 percent to 3,997 forint.

Mol Nyrt. (MOL) , Hungary’s largest refiner, slipped 1.3 percent to 18,840 forint. INA Industrija Nafte d.d., a Croatian refiner controlled by Mol, said it’s pulling out of Syria, following the Croatian government’s Feb. 23 decree to abide by an EU embargo on the Middle Eastern country.

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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