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BorsodChem shares plunge amid active trading.

Europe Intelligence Wire

| October 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, October 1, 2004 (MTI-ECONEWS) - Hungarian stocks plunged on Friday at mid-day amid active trading dominated by mid-cap chemicals company BorsodChem, after the announcement that Vienna Capital Partners was selling its 62pc stake in the company. The BUX index was down 182 points, or 1.44pc, at 12,464, while the mid-cap BUMIX plummeted 3.49pc to 1,122.

Turnover was a hefty HUF 12.1bn, with the chemicals ...

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