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Turnover on Budapest bourse up in February

Telco

Photo courtesy Budapest Stock Exchange

Share turnover on the Budapest Stock Exchange reached HUF 202 billion in February, up from HUF 177 bln in January and HUF 191 bln in February 2016, a monthly report released by the bourse shows, as reported by Hungarian news agency MTI.

Average daily share turnover came to HUF 10.1 bln in February, higher than the daily HUF 8 bln average in January, and up from the HUF 9.1 bln average in the same month a year earlier.

The BUX index reached a new historic high during the month at 34,325 points on February 21.

Wood & Company Financial Services brokered the most share trades in February, worth HUF 86.3 bln, or 21.4% of the total, double-counted figures show. Concorde Securities was runner-up with 17.3%, and Erste Investment took third place with 15.4%.

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