Bloomberg News

Mol Gains for Second Day, Leads Advance in Hungary’s BUX Index

By Andras Gergely
June 27, 2012

Mol Nyrt. (MOL), Hungary’s largest refiner, gained for a second day amid speculation China will introduce additional economic stimulus, boosting appetite for riskier emerging-market assets.

The shares rose 1.5 percent to 16,040 forint by 9:30 a.m. in Budapest. The benchmark BUX stock index advanced 0.6 percent to 17,009.78.

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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