HUNGARY - Hungarian stocks dropped the most in the world, leading the benchmark BUX stock index to the steepest decline in more than two months on concern regarding the government's pension plans, a trader said.
The BUX snapped three days of gains, declining 2.3% to 23,123.04 by 12:39pm. in Budapest, the largest intraday decline since August 10. OTP Bank Nyrt., the country's largest lender and Mol Nyr...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date