The Budapest Stock Exchange's (BSE) share index fell this week on rising turnover, with the BUX closing at 65,045.06 points on Friday, down 3.33% on the week to 2,244.01 points, MTI reported Sunday morning. The stock market turnover for the week was HUF 60.90 billion, down from HUF 58.04 billion the previous week, with the […]

The significant gold reserve strengthens the stability of the country, the economy and the image of the financial system, István Veres, Director of the National Bank of Hungary (MNB), wrote in a professional article published by the MNB on Friday, drawing attention to the fact that MNB has multiplied its gold reserve ahead of the […]

The Budapest Stock Exchange's (BSE) share index rose this week, closing at 67,289.07 points, a new all-time high of 761.66 points on Friday, 1.14 percent higher than a week earlier, MTI reported on Sunday morning. The stock market turnover for the week was HUF 58.04 billion, up from HUF 35.18 billion in the previous four-day […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week amid falling turnover, closing at 66,527.41 points on Friday, up 1,142.81 points, or 1.75%, from a week earlier, MTI reported Sunday morning, along a brief analysis of the week’s trading. Turnover on the stock market was HUF 35.18 billion, up from HUF 39.49 […]

The volume of Hungarian export in goods decreased by 3.3% in January 2024 and that of import declined by 8.2% compared to the same period of the previous year. The surplus was EUR 583 million, the balance improved by EUR 986 million year-on-year, the Central Statistical Office reported this Tuesday. Compared to December, the seasonally […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week on the back of falling turnover. The BUX closed at 65,384.60 points on Friday, 147.67 points, 0.23% higher than a week earlier, MTI reported this Sunday morning. Turnover on the stock market was HUF 39.493 billion, up from HUF 53.746 billion the previous […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week on the back of falling turnover. The BUX closed at 65,236.93 points on Friday, 248.60 points, 0.38% higher than a week earlier, MTI reported on Sunday, along with a Turnover on the stock market was HUF 53.75 billion, up from HUF 68.18 billion […]

In the ever-evolving landscape of global economies, the importance of economic competitiveness cannot be overstated. It is the cornerstone of a nation's ability to sustain growth, attract investment, and improve the living standards of its population. A nation's competitiveness is often a reflection of its efficiency, innovation, and the ability to leverage technology and human […]

The Budapest Stock Exchange (BSE) share index fell this week on rising turnover, closing at 64,988.33 points on Thursday, down 1,105.29 points or 1.67% from a week earlier, MTI reported this Sunday morning, along with a brief analysis of the week's trading. The turnover of the stock market for the four-week period was HUF 68.18 […]

Despite the unfavorable global economic environment, the majority of CEOs expect rising revenues and profit growth in 2024, EY said in a statement sent to MTI on Wednesday, based on the results of its latest international survey. According to the 21-country survey of 1,200 CEOs, 64% of CEOs expect rising revenues and 63% expect profits, […]

The stock index of the Budapest Stock Exchange (BSE) fell this week, closing at 66,093.62 points on Friday, 75.41 points or 0.11% lower than a week earlier, MTI reported this Sunday morning. The weekly turnover of the stock market was HUF 49.57 billion, compared to HUF 70.39 billion the previous week, with the leading stocks, […]

The stock index of the Budapest Stock Exchange (BSE) declined on the week, closing at 66,169.03 points on Friday, down 94.15 points or 0.14% from 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 70.39 billion, up from HUF […]

György Matolcsy, the Governor of the National Bank of Hungary, has vehemently criticized the government's latest proposal, which he perceives as a direct assault on the institution's independence. This latest clash deepens the rift between Prime Minister Viktor Orbán’s administration and the country’s chief banker. During an event at the Budapest Stock Exchange, Matolcsy articulated […]

Despite the challenges, the BUX index rose by 38% in HUF and 49% in USD last year, the second best performance in the world after Nasdaq, Richárd Végh, CEO of the Budapest Stock Exchange (BSE), said at the BSE Best awards gala on Thursday, where capital market players with outstanding performance were honored in 25 […]

Top achieving foreign and local players were recognized in nine categories at the annual ‘Investors of the Year Awards’ gala in the Museum of fine Arts by the Hungarian Investment Promotion Agency (HIPA) to celebrate the results of 2023, which was yet another record year in the history of Hungarian investment promotion. The prizes were […]