Eastern European equities End: Stock exchanges are gaining uniformity

PRAGUE / BUDAPEST / WARSAW (dpa-AFX) - The stock markets in Eastern Europe rose uniformly on Friday. In the positive pan-European environment there were many the day before stock marketn forgotten the noticeable worries about the spreading delta variant of the coronavirus. From an industry perspective, bank stocks in particular were able to increase across borders.

In Poland, the leading index Wig-20 gained 0,77 percent to 2251,78 points. The market-wide Wig climbed 0,80 percent to 67 128,80 points. At the retailer LPP, the papers recovered with a premium of 3,6 percent from their previous day's losses, while those of the industry colleague Dino Polska lost 2,8 percent. In the banking sector, the shares of Santander Bank Polska in particular advanced by 3,1 percent. At the Pekao and PKO institutes, the plus was around 1,3 percent each.

At the end of the week, the Prague Stock Exchange also went uphill. The PX gained 0,74 percent to 1156,04 units. Good news came from the economic side: unemployment in the Czech Republic has fallen compared to the end of May. Financial stocks were also clearly firmer in Prague. Erste Group's shares rose 1,7 percent and Moneta Money Bank's 1,8 percent. Komercni Banka went 0,4 percent harder into the weekend.

In Hungary, the Bux advanced 1,49 percent to 48 points. The stocks of the heavily weighted OTP Bank were the stocks with the highest turnover on Friday, following the European industry trend they rose by 157,57 percent. There were also larger price movements in the shares of the building materials trader Masterplast with plus 2,5 percent and the pharmaceutical company Gedeon Richter with plus 3,8 percent.

In Moscow, share prices also went up a little. The Russian RTS index rose 0,45 percent to 1635,04 points.