Eastern European equities Conclusion: earnings dominate - Budapest weak

PRAGUE / BUDAPEST / WARSAW / MOSCOW (dpa-AFX) - The most important stock marketn Most of Eastern Europe closed with profits on Monday. Prague, Warsaw and Moscow rose, while Budapest saw clear price losses.

In Prague, the leading Czech index PX went out of business with a plus of 0,42 percent to 1096,47 points. He was supported by the mark-ups of the heavyweights CEZ (plus 1,7 percent) and Erste Group (plus 0,9 percent). The papers of the tobacco company Philip Morris CR rose by 2,3 percent.

The leading Polish index Wig 20 in Warsaw rose by 0,38 percent to 1982,58 points. The market-wide TIG gained 0,43 percent to 59 645,06 points. The most heavily traded share in terms of value was KGHM on the reporting day. The mining company's titles fell by three percent. In the energy sector, PGE and Tauron Energy stocks jumped 13,6 and 8,5 percent, respectively.

There were also premiums on the Moscow stock exchange: The RTS index closed with an increase of 1,04 percent to 1432,48 points. On Friday it had lost a significant 1,6 percent in value.

In Budapest, the Hungarian benchmark index Bux lost 1,16 percent to 43 points at the beginning of the week, after having posted a drop of 267,25 percent in the previous week. Among the blue chips in Budapest, OTP Bank showed the most noticeable price change with minus 1,1 percent.