Thursday , January 28 2021

The Hungarian market is really rewarded this week

| source:


| reading time: approx. 1 minute

BUX on Friday, with 38 586.63 points, rose by 1 431.42 points, which is 3.85 percent more than the closing price of the previous quarterly trading week.

Stock market turnover exceeded HUF 131.58 billion after $ 33.37 billion in the three-day trading last week. Leading stocks have risen this week. On Monday, the Hungarian stock market was excellent, the BUX index was unmatched by May, while the German DAX index and foreign markets were on the negative side.

Of the blue chips Richter performs the best. Traffic was also remarkable, more than twice the average traffic in recent months. BUX on Tuesday had a slight drop in traffic, which, according to analysts, was due to the fact that Mol has grown relatively sharply over the past five to ten days, and a mild report released last Wednesday was good, so it is likely to get to make investors, Wednesday was a good mood in the markets and were very positive about the results of US mid-term elections. After opening on Wednesday, the three major US stock indexes had a plus of over 1 percent. In Europe there was a good mood, Western European exchanges could close at around 1%, and all the blue chips on the Hungarian stock market were breaks. On Thursday, the trade started to close on Wednesday, and they held the previous day of growth, the traffic was remarkable after Richter and Magyar Telekom released their flash report. In the case of pharmaceutical paper, expectations were far behind sales, and in particular the result, the telecommunications company had mixed images, accordingly two documents were down. On Friday, there was a smaller profit, the trade was higher than the average turnover, which, according to experts, points to the potential in inventories.

OTP announced third quarter results that were more favorable than analysts' expectations. However, investors had previously saved a positive result, so the OTP exchange fell on Friday for profit realization. OTP increased this week by 7.77 percent, closed on Friday at 11,100 forints, and turnover exceeded 87.66 billion forints. The mole stocks this week strengthened by 2.40 percent, ending trading at 3078 forints on Friday, and turnover was close to 16 billion forints.

Richter's price strengthened by 1.31 percent, closed on Friday at 5400 forints, and its turnover this week exceeded 15.72 billion forints.

The price of Magyar Telekom this week increased by 3.07 percent and paper was closed at 403 forints on Friday with a weekly turnover of 2.5 billion forints.

The BUMIX index was closed on Friday at 3698.78 points, compared to the previous week by 27.80 points, which is 0.76 percent more.

Source link