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 Tuesday 02 December 2008
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OTP Shares Plummet 11%

OTP Shares Plummet 11%
"Trading in 13 equities, including OTP bank, was suspended on the Budapest Stock Exchange yesterday because their price fell by at least 10%.


Among the larger declines, Econet shares were down 9.5%, those of Állami Nyomda by 9.1%, TVK was off 7.5% and Synergon by 7.1%.

The BUX index was down 5.7% overall yesterday, a relatively small decline compared to falls of nearly 20% in Moscow, 12% in Norway, 9% in France and Italy, and 8% in the UK, Germany and Sweden, Napi Gazdaság observes. All East European EU members remained relatively stable, with stock indices down 8.5% in Prague, and 5.4% in both Warsaw and Bucharest."

Source: Hungary Around the Clock.

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.


07.10.2008

 
 

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