Hungary Stocks: CIG, Gedeon Richter Shares Move in Budapest

Hungary’s benchmark BUX stock index percent fell 0.2 percent to 19,101.07 as of the close in Budapest. The following were among the most active equities in the Hungarian market today. Stock symbols follow company names.

CIG Pannonia Eletbiztosito Nyrt. (PANNONIA HB), a Hungarian life insurer, declined the most in more than four months. The shares weakened 6.3 percent to 435 forint, the biggest drop on a closing basis since November. The slump almost reversed a 6.7 percent rally on March 23.

Gedeon Richter Nyrt. (RICHT) , Hungary’s biggest drugmaker, fell 1.3 percent to 38,455.00 forint. The company proposed paying a 660 forint-per-share dividend from its 2011 profit.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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