Hungarian Stocks Fall in Last Minute of Trading as Mol Tumbles

Hungary’s main equity index reversed earlier gains in the last minute of trading as Mol Nyrt., the country’s biggest oil refiner, tumbled.

The BUX dropped 1.1 percent to 21,065.24 at the 5:06 p.m. close in Budapest after trading up 0.3 percent at 21,365.49 a minute earlier. The gauge climbed as much as 1.7 percent today.

Mol shares fell 1.9 percent to 18,550 forint in late trading after earlier gaining as much as 3.7 percent. The stock has a 28 percent weighting on the BUX.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

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