Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index rose this week; the BUX closed at 145,471.12 points on Friday, up 3,800.12 points, or 2.68%, from the previous week.
Weekly trading volume totaled HUF 146.78 billion, down from HUF 192.69 billion the previous week, while the prices of leading stocks rose.
In its weekly summary, Equilor Investment Ltd. highlighted the following regarding OTP shares, which rose by more than 5%: on Tuesday, the European Commission approved OTP Bank’s acquisition of the Estonian Luminor Holding, the parent company of Luminor Bank.
Among the leading stocks this week, Mol’s share price rose by 0.40%, closing at HUF 5,075 on Friday, with weekly trading volume exceeding HUF 20.5 billion.
OTP’s share price rose 5.29% this week to HUF 42,430, with weekly trading volume exceeding HUF 108.4 billion. Magyar Telekom gained 1.67% this week; the stock closed at HUF 2,562 on Friday, with weekly trading volume of HUF 3.5 billion. Richter’s share price rose 0.98 % during the week, closing at HUF 12,350 on Friday, with weekly trading volume totaling HUF 9.5 billion.
The BUMIX index, which tracks small- and mid-cap stocks, rose 0.01%, closing the week at 9,065.75 points.
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