Mol Declines First Day in Three, Leads Hungarian Shares Lower

Mol Nyrt., Hungary’s largest refiner, fell for the first time in three days, leading the country’s shares lower.

The shares dropped 1.9 percent to 15,150 forint by 10:13 a.m. in Budapest. The benchmark BUX stock index, in which Mol has the largest weighting at 31 percent, declined 1.1 percent.

Oil fell for a fifth day in New York to the lowest price in almost eight months on signs of an economic slowdown in the U.S. and China.

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