BUDAPEST: The Budapest Stock Exchangeʼs main BUX index finished down 0.16% at 22,445.82 Thursday, after rising 1.65% Wednesday. It is up 34.94% from year-end, after losing 10.40% last year.
In line with European peers, the Budapest parquet lost momentum on Thursday, hovering around breakeven for most of the day and turning into permanent, albeit light, red late afternoon, as both foreign and local news signaled need for caution.
Emerging stocks globally fell to seven-week lows on Thursday as fears Chinese regulators could bring in measures to curb leverage triggered the steepest one-day drop since January in Chinese shares.
