Mol’s share price is currently rising by 1.2 percent, and investors are eagerly awaiting the latest developments regarding the NIS deal – nothing shows this better than the fact that Mol has the highest turnover on the Budapest Stock Exchange today, and the oil company is also ahead of OTP in this regard.
The stock has been on a significant rally for several days now, the march being primarily driven by the strengthening of speculation regarding the potential acquisition of the Serbian oil refinery (but rising oil prices are also favorable).
The potential effects of the NIS acquisition were dealt with in detail in this analysis.
The latest development in the case: Minister of Foreign Affairs and Trade Péter Szijjártó visited Belgrade today, where the main topic of the discussion is the NIS oil refinery case.
