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Danubius to be removed from BUX

Hotel chain Danubius Rt's share price dropped over 10 percent in two days on news that the paper will be removed from the BUX basket, as its average daily turnover fell below the level required for membership. Danubius represented a mere 0,9% of the total BUX index, but its exclusion is likely to trigger further share price erosion as many investors only consider shares within the BUX basket for investment. (NG 11) A.K.




11.03.2005

 
 

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