You are here: main page _ Finance
Finance
BUX climbs with peers, rising 2.07%
Tuesday 17:19, July 27th, 2010
The Budapest Stock Exchange's main BUX index finished the session on Friday up 2.07% at 22,660.05, rising with its peers in the region and Western Europe.

European bourses were lifted by strong earnings results from banks and fresh data that showed a bigger-than-expected rise in US single-family home prices in May.

OTP Bank led the advance in Budapest, climbing 3.47% to HUF 5,360 on turnover of HUF 23.24 billion, or about 80% of the HUF 29.1 billion session total.

Oil and gas company MOL rose 1.72% to HUF 20,100 on turnover of HUF 2.01 billion.

Magyar Telekom climbed 2.54% to HUF 687 on turnover of HUF 2.1 billion, and drug maker Richter was up 1.01% at HUF 44,900 on turnover of HUF 1.01 billion.

The bourse's mid-cap BUMIX index advanced 0.81% to 2,026.43.

Elsewhere in the region, Warsaw's WIG 20 fell 0.51% and the Prague PX-50 was up 1.20%.

Western Europe's biggest indices were all higher late Tuesday. London's FTSE 100 rose 0.41% to 21.85, Frankfurt's DAX climbed 0.42% to 25.78 and the CAC 40 in Paris was up 1.13% at 41.18. (MTI-ECONEWS)

Portfolio
  • 24H
  • Most popular
  • Stories of last week
  • BUX
  • FTSE
  • NASDAQ
  • NIKKEI
  • DOW
Contemporary Art - Order now!
ADVERTISEMENT

K&H investment fund assets reach HUF 797 billion by June 30

14:41, Sep 8 | Assets in the K&H Investment Funds rose 16% to HUF 797 billion by the end of June 2010, the fund manager announced on Wednesday. The company has further strengthened its leading position in the market of capital and yield protected investment products with its 46.8% share.

OTP Bank signs $20m import credit agreement with Taiwan's eximbank

13:48, Sep 7 | Hungary's OTP Bank has signed an agreement on a $20 million refinancing credit line with the Export-Import Bank of the Republic of China (Taiwan) to provide financing for the import of products made in Taiwan to Hungary, OTP informed MTI on Tuesday.