Bloomberg News

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

May 30, 2012

The benchmark BUX (BUX) index fell 3.1 percent to 15,978.64 by the end of trade in Budapest, the lowest since Oct. 4.

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

OTP Bank Nyrt. (OTP) , the country’s largest lender, weakened 3.5 percent to 3,460 forint. European stocks fell as Spain struggled to bolster its banking system amid surging borrowing costs and a Greek poll showed increased support for parties opposed to spending cuts.

Mol Nyrt. (MOL) , Hungary’s largest refiner, slid 3.9 percent to 14,800 forint. Brent oil fell to a five-month low on speculation that U.S. crude stockpiles climbed to the highest level since 1990.

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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