The Budapest Stock Exchange (BSE) share index, the BUX, closed the week at 68,846.13 points, up 757.89 points or 1.11% on the previous Friday, MTI reported Sunday morning with a brief analysis of the week’s trading. Although only four trading days were held during the week due to the Pentecost holiday, the total turnover of […]

In a move mirroring April's decision, the National Bank of Hungary once again trimmed key interest rates by 50 basis points this week. However, the monetary policy outlook beyond June remains clouded in uncertainty, with the central bank's cautious and patient approach suggesting a narrowing margin for further easing maneuvers. One more rate cut is […]

At its meeting on May 21, 2024, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided to cut central bank interest rate by 50 basis points to 7.25%. The MNB says in a press statement that its primary objective is to achieve and maintain price […]

The stock index of the Budapest Stock Exchange (BSE) fell this week, closing at 68,088.24 points on Friday, 1,113.71 points, 1.61 percent lower than a week earlier, MTI reported Sunday morning along with a brief analysis of the week's trading. The stock market turnover for the week was HUF 49.84 billion, down from HUF 59.47 […]

The Budapest Stock Exchange's (BSE) share index, the BUX, rose by 1.76% this week, or 1,199.71 points, compared to last Friday's close, to close at 69,201.95 points, a new all-time high, MTI reported this Sunday morning. Total turnover rose from HUF 46.306 billion to HUF 59.474 billion on a weekly basis. All the leading shares […]

The Budapest Stock Exchange's (BSE) share index, the BUX, closed the week up 1.44%, or 962.94 points, on last Friday at 68,002.24 points. Total turnover fell from HUF 67.084 billion to HUF 46.306 billion on a weekly basis, but there were only four trading days due to the May 1 bank holiday. All the leading […]

In the latest quarterly review, Hungary's economic performance fell short of analysts' projections, underscoring the challenges of a gradual recovery from a protracted recession that continues to pressure the nation's fiscal framework. According to data released by the Budapest-based statistics office this week, Hungary's Gross Domestic Product (GDP) increased by 1.1% on an annual basis […]

The weakness of the domestic and German economies is reflected in the business sentiment of the member companies of the German-Hungarian Chamber of Industry and Commerce (DUIHK). According to company feedback, no noticeable acceleration in economic growth is expected for 2024. This is the conclusion of the latest economic report presented by the DUIHK, for […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week, with the BUX closing at 67,039.30 points on Friday, up 1,994.24 points or 3.07% on the week, MTI reported this Sunday with a brief analysis of the week’s trading. The stock market turnover for the week was HUF 67.084 billion, up from HUF […]

According to the empirical survey conducted by GKI Economic Research Co. with EU support, both businesses and households reported a somewhat less positive outlook in April than in March. Thus, GKI’s economic sentiment index decreased by 2 points, which is slightly smaller than the improvement in March (which was 3 points). The employment intentions of […]

The Monetary Council of the National Bank of Hungary (MNB) cut the key ECB interest rate by 50 basis points to 7.75%, and lowered the two edges of the interest rate corridor by the same amount at its interest rate decision meeting on Tuesday. At its most recent meeting in March, the board cut the […]

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 […]