Budapest shares close sharply up; MOL leads as rumours drive market |
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Thu, 31 May 2007 16:29
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BUDAPEST (Thomson Financial) - Budapest shares finished sharply up today, pushing the leading BUX index to a new record high, as positive sentiment in global markets was accompanied by heavy buying in MOL stock, with rumours that Russian emigre Rahimkulov was among buyers again today, dealers said.The BUX index closed up 2.79 pct at 26,706 points.The Hungarian forint was up as the euro fell 0.53 pct to 249.55 forints and the US Dollar dipped 0.60 pct to 185.69 forints.budapest.newsroom@thomson.comek1/dcaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Budapest stocks open up as Richter regains earlier losses, MOL down 