BUX loses 1% as Greek debt concerns weigh on sentiment

Posted by admin | Stock Exchange Europe | Thursday 26 January 2012 3:01 am

The Budapest Stock Exchange’s blue-chip BUX index closed Tuesday trade down 1.00% to 18,660.85 as concerns that the European Central Bank may be compelled to write down its Greek bond holdings in an effort to restructure the country’s debt weighed on sentiment at bourses throughout Europe.

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