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Eastern European Equities End: Mostly in the black

Tuesday, 12/28/2021 6:49 PM from

dpa-AFX

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Eastern Europe on a globe (symbolic image). © Juanmonino / E + / Getty Images

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PRAGUE / BUDAPEST / WARSAW (dpa-AFX) – The stock exchanges in Central and Eastern Europe closed mostly in positive territory on Tuesday. Market observers reported a quiet trading on the international stock markets.

In Budapest the leading index went Bux with a premium of 0.13 percent at 49 718.15 meters from the trade. OTP’s financial stocks rose 0.34 percent. Gedeon Richter gained 0.7 percent. With a price jump of 6 percent, Pannergy were the day’s biggest winners. On the opposite side, moles closed on their previous day’s losses and lost 0.57 percent.

In Warsaw, too, the leading indices ended trading with positive signs. The Wig-20 climbed 1.18 percent to 2,252.43 points. The broader wig gained 0.95 percent to 68,737.48 units. After the significant previous day’s losses of more than 4 percent, the shares of the mining company JSW rose by 2.88 percent. KGHM also came back from their previous day’s minus with a premium of 1.27 percent. The shares of Orange Polska (plus 5.07 percent) and Tauron (plus 4.23 percent) recorded massive price gains.

The leading Prague index PX closed at a discount of 0.13 percent at 1420.93 points. The index heavyweights of CEZ (plus 0.42 percent), Komercni Banka (plus 0.54 percent) and O2 (plus 0.19 percent). However, the other prime market stocks went out of trading at a discount. So lost Erste Group 0.49 percent and VIG 0.24 percent.

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