The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at a historic high of 64,580.87 points, up 1.5% or 952.74 points compared to last week's close, MTI reported this Sunday with a brief analysis of the week’s trading. The total weekly turnover of the stock market rose from HUF 65.335 billion to HUF […]

The stock index of the Budapest Stock Exchange (BSE) rose this week, closing at 63,628.13 points on Friday, up 3.54% on the week to 2,173.51 points, MTI reported this morning with a brief analysis. The BUX ended Friday's trading session at a new historic high for the fourth time this week. The weekly turnover of […]

In addition to the positive international sentiment, the Hungarian stock market also performed well today, with the BUX index setting a new historic closing high. Today, the BUX index ended the day up 0.9% on its last close. The BUX index is currently above its 20-, 50- and 200-day moving averages, so there is a […]

The Budapest Stock Exchange's (BSE) share index, the BUX, closed at 62,804.52 points on Wednesday, up 882.9 points or 1.43%, the second all-time high this week, MTI reported Wednesday afternoon. Turnover on the stock market was HUF 20.5 billion, with the leading shares performing mixed compared to the previous day's close. According to Zoltán Árokszállási, […]

The stock index of the Budapest Stock Exchange (BSE) rose this week, closing at 61,454.62 points on Friday, up 1.38% to 834.61 points from a week earlier, MTI reported Sunday morning with a brief analysis of the week’s trading. Weekly turnover on the stock market was HUF 33.6 billion, up from HUF 13.6 billion the […]

Industrial producer prices were 6.6% lower on average in November 2023 compared to one year earlier. Domestic output prices were cut by 1.9% and non-domestic output prices by 8.9%, the country's Central Statistical Office (KSH) reports. The development of industrial producer prices was influenced among others by the annual strengthening of the forint against the […]

In accordance with Prime Minister Viktor Orbán's decision, the Ministry of Economic Development continues its activities under a new name, the Ministry of National Economy, from January 1, the Ministry told MTI on Monday. The aim of the transformation is for the Ministry to support the government's primary economic policy goal for 2024, the restoration […]

The Budapest Stock Exchange (BSE) index rose by 38.42% to 16,826.25 points compared to last year's close, ending this year's trading session at 60,620.01 points. The BUX closed the last week of three trading days of the year with a 0.54% rise to 325.61 points, with total turnover exceeding HUF 13.6 billion. The leading shares […]

The year 2023 saw inflation peak for more than a quarter of a century and then fall sharply in the second half of the year. The hard part is yet to come, however, as disinflation could slow significantly in 2024, so there is a real risk that price rises could still be stuck at significantly […]

The Budapest Stock Exchange (BSE) share index fell this week on rising turnover, closing at 60,294.40 points on Friday, 74.78 points or 0.12% lower than a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 133.7 billion, up from HUF […]

The volume of export increased by 3.0% in October 2023 and that of import lessened by 2.5% compared to the same period of the previous year. The surplus was EUR 1.0 billion, the balance improved by EUR 1.9 billion year-on-year, the Central Statistical Office reports. Compared to September, the seasonally and working-day adjusted volume of […]

The Monetary Council of the National Bank of Hungary (MNB) cut the base rate by 75 basis points to 10.75% at its last interest rate decision meeting of the year on Tuesday, and also cut the two edges of the interest rate corridor by the same amount. Although the decision was in line with analysts' […]

The stock index of the Budapest Stock Exchange (BSE) rose this week, with the BUX 60 closing at 369.18 points on Friday, up 1,699.35 points or 2.90% from a week earlier, MTI reported Sunday morning, along with a brief analysis of the week. Weekly turnover on the stock market was HUF 84.86 billion, up from […]

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 58,669.83 points on Friday, 658.84 points, 1.14% higher than a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 36.65 billion, up from […]

The American credit rating agency Standard and Poor's has affirmed debt rating for Hungary as "BBB-/A-3' Ratings Affirmed; Outlook Stable." The agency projects the Hungarian real economy will expand by 2.6% in 2024 and average 2.8% growth in 2025-2026, after a mild full-year recession whereby real GDP contracted by 0.5% this year. These projections are […]