Gedeon Richter Nyrt., Hungary’s biggest drugmaker, reported a first-quarter profit that beat analyst estimates as the company shifts its focus to China and the former Soviet Union while sales in the U.S. decline.
Emerging-market stocks fell for a sixth day, the longest losing streak since July, on prospects China’s new leadership will put off policy changes needed to reform the economy. Volcan Cia. Minera SAA led declines after MSCI Inc. removed the mining company from its Peru index.
Hungary’s benchmark BUX stock index fell 0.6 percent to 19,034.64 as of 11:19 a.m. in Budapest. The following are among the most active equities in the Hungarian market today. Stock symbols follow company names.