Bloomberg News

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

May 16, 2012

The benchmark BUX (BUX) index fell 2 percent to 16,538.14, the lowest since Jan. 6, by the close in Budapest.

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

OTP Bank Nyrt. (OTP) , Hungary’s largest lender, slipped 3.5 percent to 3,425 forint, extending its losses in the past three days to 7.9 percent. Greece headed for new elections, increasing concern the debt crisis will escalate.

Mol Nyrt. (MOL) , Hungary’s largest refiner, slid 2.1 percent to 15,900 forint. Oil dropped to the lowest price in more than six months in New York after U.S. stockpiles increased.

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


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus