Bloomberg News

Mol Pares Quarterly Slide as Commodities Rally on EU Meeting

June 29, 2012

Mol Nyrt. (MOL) advanced, parings its slide in the second quarter, as commodities surged on bets European leaders will contain the debt crisis.

The shares rose 2.5 percent to 16,085 forint by 10:50 a.m. in Budapest. The stock dropped 13 percent in the second quarter and 7.4 percent in the first half of 2012.

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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