BUX Rose on Increased Trading Volume This Week

The Budapest Stock Exchange (BÉT) share index, BUX, closed at 109,607.58 points on Friday, 0.63% higher than a week earlier.

Weekly turnover was HUF 83.09 billion, following HUF 75.93 billion the previous week, with leading shares strengthening, except for Mol. Equilor Investment Ltd. highlighted in its weekly summary that, according to its analysts, OTP's 12-month target price is HUF 36,443.

They recommend holding the Hungarian bank's shares, as they expect OTP to continue to post strong results in the coming quarters, supported by an expanding loan portfolio, further market share growth in targeted markets, and consistent and stable cost management. They added that Trigon Dom Maklerski raised OTP's target price from HUF 36,925 to HUF 39,200, but changed its recommendation from buy to hold.

It was announced this week that oil and gas company Mol has acquired Polsolar, which operates five fully operational solar parks in eastern Hungary, quadrupling the company's solar energy portfolio. The transaction is expected to close in the first quarter of 2026, subject to regulatory approval.

Among the leading stocks this week, Magyar Telekom's share price rose 1.49%, closing at HUF 1,770 on Friday, with weekly turnover exceeding HUF 2.67 billion.

Richter shares rose 0.94% during the week, closing at HUF 9,710 on Friday, with weekly turnover reaching HUF 11.98 billion.

OTP's share price rose by 0.88% during the week, closing at HUF 34,400 on Friday, with weekly turnover exceeding HUF 55.38 billion.

Mol's share price fell by 0.34% during the week, closing at HUF 2,940 on Friday, with weekly turnover of HUF 8.17 billion.

The BUMIX index of small and medium-sized shares closed at 10,044.35 points on Friday, down 83.98 points, or 0.83%, from the previous week.