The Hungarian stock market continues to gain momentum

By RockedBuzz 24 Min Read

Halfway through the trading day, the BUX index rose by 0.4 percent. The BUX index is currently above its 20-, 50-, and 200-day moving averages, so a clear rising trend can be observed in the case of the domestic stock index in the most important time periods.

Evolution of the value of BUX

chart 50085

Currency pairs, indices, commodities, shares, CFDs. Everything that makes a trader’s heart beat in connection with fluctuating exchange rates. Portfolio Tradernc=0

The mood is good on the Hungarian stock market, the prices of all 4 domestic blue chips are rising.

Today’s exchange rate change for domestic blue chips

chart 50087

The mood on the domestic midcaps market deteriorated today, the price of Takarék JZB fell by 2.6 percent, and the price of Akko fell by 2.3 percent. Today, BIF’s shares performed best, with their price rising by 7.1 percent.

Today’s exchange rate change of domestic midcaps

chart 50089

The largest turnover today is in OTP’s papers, so far HUF 3.03 billion worth of company shares have changed hands, but the Top 5 also includes the shares of Mol, Richter, Magyar Telekom and Opus.

The five most traded stocks on the Budapest Stock Exchange (million forints)

chart 50091

Cover image source: Gábor Szabó / Gabriel Szabo

Share This Article
Leave a comment