Budapest bourse turnover jumps sharply in January

Telco

Image courtesy of Budapest Stock Exchange (BÉT)

Share turnover on the Budapest Stock Exchange (BÉT) reached HUF 247.6 billion in January, up from HUF 193.3 bln in December and up almost 40% from HUF 177.1 bln in January 2017, a monthly report released by the bourse shows, cited by state news wire MTI.   

Average daily share turnover came to HUF 11.2 bln in January 2018, up from HUF 10.2 bln in the previous month, and HUF 8 bln a year earlier.

Concorde Securities brokered the most share trades in January, amounting to HUF 154 bln in value, or 31% of the total, double-counted figures show.

Wood & Company Financial Services was runner-up with 19.5%, and Erste Investment was third with 17.4% of the total.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.