Bourse share turnover declines further in March
Double-counted share turnover on the Budapest Stock Exchange was HUF 395.1 billion in March, down 16.4% from HUF 472.5 billion in February, the BSE said, citing data compiled from brokers.
January-March share turnover was down 16.3% from a year earlier, totalling HUF 1,632 billion.
Turnover in the 20 foreign shares traded on the Budapest bourse dropped to HUF 1.19 billion in March from HUF 1.81 billion in February, but was still up from HUF 970 million in January.
Including turnover of investment fund units, compensation coupons, certificates, government securities, corporate bonds and mortgage bonds, spot market turnover was HUF 415.6 billion in March, down 14.6% from February.
Erste Investment generated the most turnover in March, brokering deals worth HUF 63.0 billion, followed by Concorde Securities with HUF 56.7 billion, and UniCredit Bank with HUF 46.4 billion.
On the derivatives market, turnover of BUX futures fell to HUF 24 billion in March from HUF 33 billion in February. Deals for individual shares futures rose to HUF 83 billion from HUF 67 billion, and turnover in foreign-currency futures was HUF 204 billion in March, up from HUF 190 billion in February.
Turnover of grain futures was HUF 3.5 billion in March, up from HUF 3.1 billion in February.
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