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New Historic High on the Hungarian Stock Exchange

D&T
January 12, 2024

In addition to the positive international sentiment, the Hungarian stock market also performed well today, with the BUX index setting a new historic closing high.

Today, the BUX index ended the day up 0.9% on its last close. The BUX index is currently above its 20-, 50- and 200-day moving averages, so there is a clear upward trend for the domestic stock index over the major time frames.

Sentiment on the Hungarian stock market was good, with all four domestic blue chips rising, the financial portal portfolio.hu pointed out.

The mood was good for Hungarian midcap stocks, with Zwack leading the way with a 2.5% rise and Rába at the bottom of the list with a 1.0% fall.

OTP saw the highest turnover today, with HUF 8.5 billion of its shares changing hands, but the Top 5 also included Richter, Mol, Magyar Telekom and Opus.

D&T

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