The Hungarian Stock Exchange Performed Well in September

After the outstanding close of the previous month, the BUX index held its form in September: the BSE's primary share index ended the month at 55,838.5 points, just over 55,000 points above the 55,000 mark, which represents an increase of just 0.1% compared to August, the financial portal portfolio.hu reports.

The turnover of the spot market this month amounted to HUF 263.7 billion, which corresponds to a daily average of HUF 12.6 billion. There was no change in the order of the most popular stocks, with OTP, Richter and Mol leading the field, while Wood, Erste and Concorde were the top brokerage companies.

The mood on the international equity markets remains gloomy, with the US central bank's forward guidance of high interest rates continuing to be a cause for concern, putting stock markets under particular pressure. Investor concerns have also emerged, albeit more modestly, on leading stock markets in Asia and Europe during the month.

Contrary to the global picture, the domestic capital market managed to maintain its stability in September, with the BUX index setting a new record with a slight increase of 0.1% to close at 55,838.5 points, its highest close of 58,020 points on September 15, which was the highest daily close ever.