OTP Bank Nyrt. (OTP), Hungary’s largest lender, snapped six days of declines as speculation that China will add to stimulus for the world’s second-largest economy boosted demand for riskier assets.
The stock climbed 0.9 percent to 3,438 forint by 2:17 p.m. in Budapest, paring its loss this week to 2.9 percent. The benchmark BUX equity index rose 0.2 percent.
To contact the reporter on this story: Andras Gergely in Budapest at firstname.lastname@example.org
To contact the editor responsible for this story: Gavin Serkin at email@example.com