Hungarian stocks plunged 1,000 points, or 4.57%, to 20,815 points, on Thursday, the biggest decline in months, as fears of debt problems in some European countries and bad employment figures from the US stoked fears regarding the fragility of economic recovery.
Turnover was higher than in previous sessions as Ft 28 billion shares changed hands. Balázs S re of brokers Buda-Cash said the “long-awaited” negative correction had hit the markets and share values are likely to continue to fall.
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