Mihály Varga, the governor of the National Bank of Hungary, the bourse’s majority owner, said the BSE had become one of the most important markets in the region, adding that the exchange was the “best indicator of economic trends”.
He said 2.9% of Hungarian households’ financial assets were invested in listed shares, up from 1.2% in 2016.
He added that there was still room for development as the ratio was under that for the region.
Tibor Tóth, the BSE’s CEO, pointed to the example of the United States and said Hungary’s bourse could be an economic engine, offering an opportunity for household savings as well as serving the success of businesses.
More than 150 securities are available on the BSE, the report noted.
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