Hungary’s E-Star Alternativ Gains After Three Days of Declines

E-Star Alternativ Nyrt. (ESTAR), a Hungarian energy company, snapped three days of losses after the company said that Martin William Gordon Palmer increased his stake in the company to 9.92 percent.

The stock increased as much as 9.9 percent and traded 4.6 percent higher at 680 forint by 11:48 a.m. in Budapest, making it the biggest gainer on the 11-member BUX index today.

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.