Bloomberg News

Hungary Stocks: Egis, OTP Bank Move in Budapest Trading

May 25, 2012

The benchmark BUX (BUX) index rose 0.5 percent to 16,413.44 by the close in Budapest.

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

OTP Bank Nyrt. (OTP) , the country’s largest lender, increased 3.2 percent to 3,520 forint. U.S. consumer confidence rose in May to the highest level since October 2007, boosting bets on a recovery in the global economy.

Egis Gyogyszergyar Nyrt. (EGIS) , a Hungarian drugmaker owned by Laboratoires Servier, advanced 1.1 percent to 14,150 forint after Deutsche Bank AG increased its recommendation for the stock to buy from hold.

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


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus