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 email@example.com
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org