PRAGUE/BUDAPEST/WARSCHAU (dpa-AFX) – The most important Eastern European stock exchanges closed with price gains on Tuesday. A good mood could also be observed on the other European stock markets. In a sector comparison, bank stocks were in good demand across countries.
In Europe, reports that the Bank of England is planning to delay sales of government bonds in a bid to calm the market were buoyed. However, the Bank of England itself described the article as “inaccurate” in an initial reaction.
The clearest price gains were seen in Budapest on Tuesday, where the BUX climbed 2.65 percent to 40,910.44 points. OTP Bank (Orságos Takar És Ker BK ON) recorded the strongest turnover with a price increase of 5.4 percent. MTelekom (Magyar Telekom Telecommunications) (up 3.4 percent) and Richter Gedeon (Chemical Works of Richter Gedeon) (up 1.5 percent) also closed very firmly.
On the Prague Stock Exchange, the PX (PX Prague Stock Exchange Index) rose by 2.09 percent to 1167.92 points. Among the blue chips, bank stocks were particularly popular. Komercni Banka (Komercni Banka AS) was up 3.6 percent, while Moneta Money Bank was up 3.5 percent. Erste Group (Erste Group Bank) closed 1.4 percent higher. In addition, the shares of the utility CEZ (CEZ AS) gained 2.1 percent.
The Warsaw Stock Exchange also went up. The Wig 20 gained 0.96 percent to 1427.68 points. The broader Wig rose 0.72 percent to 47,349.71 points. Bank stocks also closed very strongly here: MBank ended the session 8.8 percent higher, Bank Pekao was up 5.8 percent and Santander Polska was up 5.7 percent.
Clear price gains were also observed on the Moscow stock exchange. The RTS Index (RTS) was at 1039.76 points at the close of trading with a premium of 1.16 percent./kat/spo/APA/gl/men