Hungary’s CIG Pannonia Heads for Biggest Decline in Four Months

CIG Pannonia Eletbiztosito Nyrt., a Hungarian life insurer, headed for the biggest decline in more than four months.

The shares weakened 6.3 percent to 435 forint by 10:41 a.m. in Budapest, the biggest drop on a closing basis since November. The slump almost reversed a 6.7 percent rally on March 23.

To contact the reporter on this story: Andras Gergely in Budapest at

To contact the editor responsible for this story: Gavin Serkin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.