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Budapest shares close down, tracking losses in Europe as US data hits confidence


Published : Fri, 27 Apr 2007 16:22
By : Agencies
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BUDAPEST (Thomson Financial) - Budapest shares closed down, tracking losses in Europe as investor confidence was hit by US first-quarter GDP data that surprised on the downside, dealers said.

The BUX index of leading Hungarian shares closed down 0.13 pct at 25,424.80.

The euro rose 0.20 pct to 245.89 forints after reaching a record high against the US dollar, which fell 0.27 pct to 179.97 forints Budapest.

edward.krudy@thomson.com

ek1/jsa

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