The BUX Rose This Week Amid Increasing Trading Volume

The Budapest Stock Exchange (BÉT) stock index rose this week amid increasing trading volume: the BUX closed at 146,155.68 points on Friday, up 2,701.90 points, or 1.88%, from the previous week.

Weekly trading volume totaled HUF 139.3 billion, up from HUF 133.5 billion the previous week, as leading stocks gained ground this week.

In its weekly summary, Equilor Investment Ltd. reviewed the corporate reports released this week.

Richter raised its 2026 forecasts, expecting pharmaceutical revenue growth to exceed 10% – up from the previously projected high single-digit range – and adjusted EBIT growth at constant exchange rates to rise from double-digit to high double-digit levels.

OTP Bank reported adjusted net income of HUF 355 billion in the third quarter, which was largely in line with consensus estimates; according to analyst commentary, the only surprise was the lower tax burden.

OTP’s stock also saw a target price increase; Morgan Stanley raised its 12-month target price from HUF 49,000 to HUF 50,000, with the recommendation remaining at “overweight.”

MOL also received a target price increase, with an HSBC analyst raising the 12-month target price from HUF 5,800 to HUF 6,200. The company’s shares continue to be recommended as a “buy.”

Among the leading stocks this week, Richter’s share price rose 5.21%, closing at HUF 13,540 on Friday, with weekly trading volume exceeding HUF 25.7 billion.

Magyar Telekom’s share price rose 3.51% during the week; the stock closed at HUF 3,004 on Friday, with weekly trading volume totaling HUF 6.1 billion.

Mol gained 3.41% during the week; the stock closed at HUF 4,980 on Friday, with weekly trading volume exceeding HUF 20.3 billion.

OTP’s share price rose 0.15% during the week; the stock closed at HUF 41,300 on Friday, with weekly trading volume totaling HUF 84.7 billion.

The BUMIX, the index of small- and mid-cap stocks, fell 1.46% or 125.87 points, closing at 8,469.84 points on Friday.