BSE: Daily share turnover climbs almost 22% in April
Daily share turnover on the Budapest Stock Exchange came to HUF 13.5 bln in April, up 21.7% from the previous month, the bourse said yesterday. Spot market turnover exceeded HUF 276 bln for the month, including almost HUF 270 bln in share turnover.
The bourseʼs main BUX index finished the month 14.8% higher, as oil and gas company MOL gained 24.2%, OTP Bank rose 13.2% and drugmaker Richter advanced 18.5%.
Concorde brokered the most deals on the shares market in April, generating 22.5% of turnover. Runner-up was Wood and Company, brokering 17.4% of the total, followed by Erste Befektetési, with 14.8%.
Turnover on the derivatives market fell 37% to HUF 183 bln in April from the previous month. Turnover of FX futures reached just HUF 150 bln.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.