Wednesday , September 28 2022

Not a bad week for Box


The Budapest Stock Exchange (BSE) index rose steadily during the week. BUX closed on Friday at 39,328.39 points at 741.76 points, up 1.92 percent from last week's closing price.

The weekly trading volume was $ 88.8 billion, after last week, more than $ 131.6 billion. With the exception of Richter, all of the leading shares were strengthened, to a large extent by Telecom, with 5.46%.

According to stock market analysis by Equilor Investments Inc., this week, the BSE traded with a negative correction in line with the state of the international investor.

On Tuesday, OTP pulled BUX, as its price despite profit profit after its Friday report still upward on the basis of strong fundamentals.

Photo: VG / Vémi Zoltán

Mid-week back, the Hungarian stock exchange, OTP and Mol, from Magic Telecom also rose to the GVH decision announced on Wednesday to re-examine the Digi and Invitel merger. Richter's exchange rate was most affected by the weak report last week.

On Thursday was a tired exchange and a slight correction was due to the decline in OTP.

On Friday, the exchange rate of the Hungarian bank currency rose again and rose by almost 1%. According to Equilor, another negative correction is expected for OTP, but in the short term the exchange rate may be used again to test the historical record of $ 11,780 a level.

The price of Telecom Telecom is heated by buying rumors on Thursday, but its mild reality, but it raised the share price to 436 points. After a slight correction on Friday, it still stood at 425 prints. Despite Mol's volatility during the week, he continues to move in the rising trend channel. Richter got strength after the fall of the week and could return to level 5400 – Forint – wrote.

On Wednesday, after closing the market, Rába reported.

The company's sales grew 11% in the third quarter, but the company posted a quarterly loss of $ 7 million after a profit of $ 2.9 million last year.

The forint weakened somewhat in the first half of the week, but stopped at 323.50 and extended to 321.90. Against the dollar, the forint was likely to be offset this week, thanks to the weakening of the dollar on Friday, to nearly 282.50.

  • Richter fell 1.48% this week, closed at $ 5320 on Friday, with a weekly turnover of close to $ 10 billion.
  • MOL increased by 1.04% this week, and ended trading at 3110 for Linton, with a weekly turnover of nearly $ 13.1 billion.
  • The OTP exchange rate increased by 3.33% and closed at 1470 HUF on Friday, trading over $ 51.4 billion.
  • The price of Telecom Telecom increased by 5.46%, closed Wednesday at 425 prints, and its weekly turnover was almost $ 5.6 billion.

The index of small and medium-sized shares, BUMIX at 3837.76 closed on Friday, compared with 138.98 points in the previous week, higher by 3.76%.

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