OTP Bank leads losses on the Budapest Stock Exchange

The Budapest Stock Exchange experienced significant volatility following a sharp decline on Thursday. OTP Bank, a leading blue-chip stock, saw its share price drop by more than 6 percent, closing at 39,980 HUF. Investors are now watching to see if the stock will find support below the 40,000 HUF psychological threshold.

Mol also recorded substantial losses, following a nearly 3 percent decline in previous trading. Meanwhile, global markets remain cautious as investors await the U.S. Non-Farm Payrolls report, which is expected to influence market direction. In the technology sector, Alphabet's introduction of its Gemini 4 Argon model and strong earnings from Micron and Accenture have provided some positive momentum, contrasting with Nike's decline due to weak forecasts.