Hungarian investors on foreign stock markets
Hungarian investors are buying an increasing number of shares at foreign bourses.
During the past few months, broker Buda-Cash's clients were especially interested in the components of DAX–30 and the well-known US blue-chips, said international division head Péter Kovács. Blue-chips can easily yield 20-30% profit and the risks of these investments can be “safely” calculated. Other investment targets include ETFs (Exchange Traded Funds), he added. In the coming months the bourses of China, South-Korea and Hong Kong are expected to show a good performance, said Tamás Móró, analyst at Concorde. Hungarian investors do not consider foreign investments any riskier than the domestic stock exchange, Móró said. Institutional customers of Erste became more active on foreign share-markets, while the private investors still find the Hungarian bourse exciting enough, said Balázs Zánkay, head of Erste's international division. When investing abroad, private clients still prefer the regional bourses of Romania, Bulgaria and Poland. (Napi Gazdaság)
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