Equities Eastern Europe Conclusion: Mostly in positive territory

PRAGUE/BUDAPEST/WARSCHAU (dpa-AFX) – The majority of the stock exchanges in Central and Eastern Europe closed more firmly on Tuesday and thus fit into the overall European picture.

The leading Czech index PX (PX Prague Stock Exchange Index) climbed 0.38 percent to 1255.74 points. The index heavyweight CEZ (CEZ AS) contributed to this with growth of 1.4 percent. The banks listed in Prague showed little movement with price changes between minus 0.3 and plus 0.2 percent.

The Hungarian BUX rose 1.15 percent to 43,528.08 points. Significant premiums on the shares of OTP Bank (Orságos Takar És Ker BK ON) (plus 2.6 percent) and the oil company MOL (plus 1.0 percent) attracted the index. Meanwhile, shares in Richter Gedeon (Chemical Works of Richter Gedeon) fell 0.1 percent.

The Warsaw indices were more moderate. The Polish Wig-20 closed percentage-wise unchanged with 1735.00 points. The broader wig gained 0.26 percent to 56,217.76 units. The shares of the retailer Dino Polska were strong with plus 4.8 percent. Erste Group had raised the recommendation for the papers to “Accumulate” in the course of an industry analysis. The titles of Amazon competitor Allegro increased by 4.2 percent.

There was a clear plus on Tuesday in Moscow. The RTS Index (RTS) ended the day with a premium of 2.62 percent at 1142.05 points./spo/ger/APA/edh/he

ttn-28