Equity
Antenna steals the show with mega deal on bourse
The BUX index closed at 15,442.3 points, down 110.2 points or 0.7%. Turnover amounted to HUF 20.4 billion.
In the region the Polish WIG 20 gained 1.52% to 1,916.14 points, the Czech PX50rose 0.95% to 1,106.6 points and the Russian RTS rose 0.49% to 640.32 points.
In one deal 1.2 million Antenna shares changed hands but with some smaller deals later in the day the stock closed at HUF 4,140 forints, up 1.2%. The stock has seen some major deals recently, which we think is due to an attempt to lift the weighted price ahead of a planned privatization of the company later this year.
Elsewhere, shares in OTP Bank fell 2.2% to close at HUF 5,960, while oil group MOL shares fell by 0.6% to HUF 12,500.
Drug firm Richter shares bucked the trend of the wider market and closed 0.3% higher at HUF 24,775.
The day's losers included industrial plastics group Pannonplast which shed 3% to close at HUF 1,310. Richter's sector peer, Egis, fell 2.3% to HUF 12,800, while electricity distributor Démász declined 2.2% to HUF 15,450.
In the region the Polish WIG 20 gained 1.52% to 1,916.14 points, the Czech PX50rose 0.95% to 1,106.6 points and the Russian RTS rose 0.49% to 640.32 points.
In one deal 1.2 million Antenna shares changed hands but with some smaller deals later in the day the stock closed at HUF 4,140 forints, up 1.2%. The stock has seen some major deals recently, which we think is due to an attempt to lift the weighted price ahead of a planned privatization of the company later this year.
Elsewhere, shares in OTP Bank fell 2.2% to close at HUF 5,960, while oil group MOL shares fell by 0.6% to HUF 12,500.
Drug firm Richter shares bucked the trend of the wider market and closed 0.3% higher at HUF 24,775.
The day's losers included industrial plastics group Pannonplast which shed 3% to close at HUF 1,310. Richter's sector peer, Egis, fell 2.3% to HUF 12,800, while electricity distributor Démász declined 2.2% to HUF 15,450.
