Hungarian stocks surge as Peter Magyar topples Viktor Orban from power

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Hungarian-listed stocks hit records high in early trading after Prime Minister Viktor Orban was toppled from 16 years in power following a sweeping election defeat.

Budapest’s BUX jumped 3.3 per cent upon market open, before settling at a 2.7 per cent gain, trading at 136,481 points, a fresh record high for the index.

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