Bloomberg News

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

March 29, 2012

Hungary’s benchmark BUX stock index dropped 0.2 percent to 18,617.26 as of the close in Budapest. The following are among the most active equities in the Hungarian market today. Stock symbols follow company names.

Mol Nyrt. (MOL) , Hungary’s largest refiner, fell for a third day. Oil fell as governments moved toward releasing emergency stockpiles. Mol’s chairman said a failure by Hungary to obtain a bailout would raise the risk of the government extending special industry taxes. The shares dropped 0.6 percent to 18,550 forint.

OTP Bank Nyrt. (OTP) , Hungary’s largest lender, rose 0.8 percent to 3,850 forint. The shares earlier fell as much as 1 percent as a report showed the country’s unemployment rate climbed.

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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