PRAGUE / BUDAPEST / WARSAW / MOSCOW (dpa-AFX) – The most important Eastern European stock exchanges closed lower on Monday. Market observers pointed to a somewhat restrained international investor sentiment: Fears of interest rates and inflation faced corona hope.
The shareholders of the Austrian Erste Group (Erste Group Bank) had to accept a minus of 1.3 percent. In the case of industry colleague Moneta Money Bank, however, the titles rose by 0.8 percent.
The Hungarian BUX index fell by 1.39 percent to 43,457.15 points at the beginning of the week. Among the heavyweights, the shares of MOL and MTelekom (Magyar Telekom Telecommunications) each lost 2.2 percent.
The papers of the OTP Bank (Orságos Takar És Ker BK ON) fell 1.7 percent.
The copper company’s papers gained 1.4 percent. With sales also high, the titles of the computer game manufacturer CD Projekt lost 2.8 percent. PKO Bank’s stake fell 1 percent.
The foreign ministers of the EU states agreed on Monday at a meeting in Brussels to begin the necessary preparations for the punitive measures, as confirmed by several diplomats. / Ste / sto / APA / ajx / he