Bloomberg News

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

March 09, 2012

Hungary’s benchmark BUX (BUX) stock index rose 1.2 percent to 18,803.43 by the close in Budapest. The gauge is down 2.6 percent in the past five days, a second week of declines.

The following are among the most active equities in the Hungarian market today. Stock symbols follow company names.

OTP Bank Nyrt. (OTP) , Hungary’s largest lender, climbed 3.4 percent to 3,824 forint. The bank forecast “double-digit” consumer credit growth at its Ukrainian and Russian units.

Mol Nyrt. (MOL) , Hungary’s largest refiner, gained 1.3 percent to 19,040 forint. Oil advanced for a third day in New York after Greece completed its debt swap, easing Europe’s financial crisis and as the U.S. boosted payrolls more than forecast.

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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