Sunday, August 17, 2008

Budapest Stock Exchange index slightly up last week



Budapest Stock Exchange index slightly up last week
Budapest, August 17 (MTI) - The Budapest Stock Exchange BUX index increased slightly, by 0.13 percent, this past week to close at 20,996 points on Friday.

The index has declined by 5,240 points, or 20 percent, since the start of this year.

Total exchange turnover decreased to 83.4 billion forints (EUR 348.5 million) from 117.8 billion forints (EUR 497.8 million) during the preceding week.

The BUMIX index, reflecting the rates of low- and medium-capitalisation stocks, fell by 1.91 percent, to 2,272 points.

Two of the five blue chips firmed, one stagnated while two dropped during the week.

Magyar Telekom (telecommunications) advanced 2.64 percent to 815 forints. Drug-maker Richter firmed 5.61 percent to 34,245 forints.

Peer Egis, the loser of the week, went down by 6.03 percent to 13,800 forints.

OTP Bank actually stagnated, losing merely 2 forints to end at 6,778 forints.

The shares of fuels company Mol declined by 3.58 percent to 17,360 forints. OTP Bank accounted for 48 percent, Mol for 30 percent, Richter for 11.5 percent and Magyar Telekom for 7.5 percent of all transactions.

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