The bear market rally that started in mid-October has come to a halt by December and uncertainty once again took hold of financial markets in the last month of the year. The largest central banks continued to tighten monetary conditions in December, leading to further increases in bond yields and the weakening of stock markets. […]
The Hungarian currency, the forint began Wednesday trading at 326 units to one euro. Then, a morning waning wave had flown it to 327.3, before another fall early evening resulted in the common European currency being worth HUF 328 – an all-time low.
The Budapest Stock Exchange (BSE) entered into a cooperation agreement with one of the world's largest stock exchanges, the Shanghai Stock Exchange to work jointly on the development of new products that can be accessed by Hungarian and Chinese investors.
Hungary is the latest country to enter the Chinese onshore capital markets, raising Rmb 1 billion in a three-year panda bond, the Financial Times reports.Thus, ut is the first country to have issued both offshore and onshore renminbi-denominated debt.
Trading of Waberer's shares were launched at the Budapest Stock Exchange with a ceremonial ring of the bell this Thursday morning. The ceremony was attended by the representatives of Waberer's, of the Stock Exchange and other officials.
