Hungary Stocks: Mol, OTP Bank Shares Are Active in Budapest

Hungary’s benchmark BUX (BUX) stock index rose 4.2 percent to 18,223.52 by the close in Budapest, the biggest jump since Nov. 11.

The following were among the most active shares in the Hungarian market today. Stock symbols follow company names.

OTP Bank Nyrt. (OTP) , Hungary’s largest lender, rose 6.7 percent to 3,810 forint, extending its two-day gain to 13 percent. The European Commission approved Hungary’s request to start talks on a bailout today, five months after the government requested the aid.

Mol Nyrt. (MOL) , Hungary’s largest refiner, rose 5.8 percent to 17,990 forint. Gyula Pleschinger, state secretary at the Economy Ministry, said today the country can start the aid negotiations as soon as legislation required by the EU is passed.

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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