OTP Leads Hungarian Stocks Higher for Fifth Day Before Holidays
OTP Bank Nyrt. (OTP) led Hungarian shares higher for a fifth day, headed for the longest stretch of gains in almost two months before the country’s stock market closes for a two-day state holiday tomorrow.
Hungary’s biggest lender rose 2.1 percent to 4,011 forint by 9:42 a.m. in Budapest, extending its rally so far this year to 25 percent. The 11-member BUX (BUX) equity gauge, where OTP has a 29 percent weighting, advanced 1.1 percent.
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