Leading Hungarian Stocks Strengthened This Week

The Budapest Stock Exchange's share index rose amid declining turnover, with the BUX index closing the four-day trading week at 105,513.1 points, up 366.55 points or 0.35%.

Weekly turnover fell from HUF 55.54 billion last week to HUF 48.21 billion, with leading stocks strengthening except for Mol. On Monday, the BUX index closed at 105,519.51 points, and on Tuesday at 106,542.74 points, reaching historic highs on both days. Following Wednesday's public holiday, trading on Thursday was characterized by profit-taking, with the BUX closing at 106,091.94 points. On Friday, the BUX moved sideways and finally closed with a slight decline, with the index being driven mainly by the rise of OTP.

In its weekly summary, Equilor Investment Plc. highlighted from the corporate news that AutoWallis's sales revenue grew by more than 20% in the first half of the year, with the company's EBITDA reaching HUF 8.1 billion, reducing the difference from the previous year's same period to 10% compared to the 31% shortfall in the first quarter. Állami Nyomda also had a strong half-year. Consolidated net sales rose to HUF 38.7 billion, representing an 11% increase compared to the same period last year.

During the week, Magyar Telekom's share price rose by 2.4% and closed at HUF 1,964 on Friday, with weekly turnover exceeding HUF 2.5 billion.
OTP's share price rose by 0.16% during the week, with the bank's stock closing at HUF 30,720 on Friday and weekly turnover amounting to HUF 28.3 billion.
Richter's share price rose by 1.71% during the week, closing at HUF 10,690, with weekly turnover of approximately HUF 7.4 billion.
Mol's share price fell by 0.87% during the week, with the oil industry share price at HUF 2,950 on Friday and weekly turnover of HUF 6.9 billion.

The BUMIX index of small and medium-sized stocks closed at 9,232.54 points on Friday, down 51.34 points, or 0.55% from the previous week.