BUX Closes Tuesday Trading on a Positive Note

The Budapest Stock Exchange (BSE) share index, BUX, closed two-day trading week Tuesday (due to the Christmas holidays) at 111,046.97 points, up 155.98 points or 0.14%.

Péter Aradványi, an analyst at Equilor Investment Ltd., explained the low turnover and moderate price movements with the typically subdued interest at the end of the year, adding that the international mood was similar. No significant issuer news was reported, and based on trading data, domestic trading was dominated by the sale and purchase of OTP shares.

OTP's share price began to weaken in the morning, falling 0.17%. Mol also continued its downward trend, with its share price falling 0.48%. Telekom's share price turned positive in the morning. Richter's share price continued to start in positive territory, rising 0.31%. MBH Bank also maintained its upward trend. The stock market turnover today was 8.7 billion. The subdued mood of intraday trading persisted into the evening.

Leading stocks performed mixed on Tuesday compared to the previous day's close.
Mol: The stock rose by HUF 12, or 0.42%, to HUF 2,900, with a turnover of HUF 683.3 million.
OTP: The share price fell by HUF 10, or 0.03%, to HUF 35,440, with a turnover of HUF 6.1 billion.
Magyar Telekom: It stagnated at HUF 1,800, with a turnover of HUF 288.1 million.
Richter: The price of the shares rose by HUF 50, or 0.52%, to HUF 9,720, with a turnover of HUF 667.4 million.
MBH Bank: The financial institution's shares closed 0.59% higher at HUF 3,430. Turnover was HUF 401 million.
The total turnover of the stock market was 8.7 billion forints on Tuesday.

The BUMIX, a basket of shares of small and medium-sized domestic companies, closed at 10,062.02 points on Tuesday, up 29.91 points, or 0.3%, from Monday's close.