Mild Weekly Gain on the Budapest Stock Exchange

The Budapest Stock Exchange’s stock index, the BUX, closed weekly trading on Friday at 141,671 points, up 1,621 points, or 1.16%.

On Friday, trading volume on the stock market totaled HUF 41.7 billion, with blue-chip stocks gaining ground compared to the previous day’s close. Zoltán Varga, a senior analyst at Equilor Investment Ltd., said that international investor sentiment had improved, causing blue-chip stocks on the Hungarian stock exchange to strengthen.

Among the leading stocks, Mol rose by HUF 213, or 4.4%, to HUF 5,055 compared to its closing price a week earlier.
The price of OTP shares rose by just HUF 50, or 0.12%, over the course of a week to HUF 40,300.
Magyar Telekom’s share price rose by a mere HUF 42, or 1.67%, to HUF 2,562 on the previous Friday
Richter’s share price rose by HUF 120, or 0.98%, to HUF 12,350 over a week.

The BUMIX index, which tracks small- and mid-cap stocks, closed at 9,065.75 points on Friday, which is almost exactly the same figure as a week earlier: the increase was a mere 1.28 points, or 0.01%.