Hungary’s benchmark BUX stock index fell 0.4 percent to 18,272.18 as of 11:19 a.m. in Budapest.
The following are among the most active equities in the Hungarian market today. Stock symbols follow company names.
Mol Nyrt. (MOL) , Hungary’s largest refiner, dropped 0.6 percent to 17,990 forint. Oil fell for a second day in New York on signs that U.S. crude stockpiles rose and speculation the Federal Reserve may refrain from more monetary stimulus to boost the U.S. economy.
OTP Bank Nyrt. (OTP) , Hungary’s largest lender, fell 0.7 percent to 3,725 forint. Minutes released yesterday from the March 13 Fed policy meeting showed it was holding off on increasing monetary accommodation unless U.S. economic expansion faltered or prices rose at a rate slower than its 2 percent target.
CIG Pannonia Eletbiztosito Nyrt. (PANNONIA HB), a Hungarian life insurer, slumped for a fourth day to a record low. The shares dropped 2.2 percent to 396 forint, the lowest level since their November 2010 listing.
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