The market value of listed shares rose 9.3% to Ft 7,618.4 billion in the first quarter of 2006, after falling 9.4% in Q4 2005.
The increase resulted from a rise in shares prices, considering the one delisting during the period lowered holdings by Ft 61.6 billion. Households were net sellers of shares to the tune of Ft 26.4 billion in Q1 2006; however, price changes caused the value of the sector's holdings to rise about Ft 1.1 billion.
Households held 3.6% of all listed shares at the end of March, down 0.3 percentage points from three months earlier. Non-resident investors were net buyers of shares to an amount of Ft 128.9 billion. (Included in the increase was a Ft 134.2 billion sale of treasury shares by Hungarian oil and gas company Mol Rt.) They also registered a Ft 545.4 billion holding gain. Taking into account the Ft 47.2 billion reduction in their holdings resulting from the period's one delisting, non-residents' holdings of listed shares rose Ft 627 billion. Their share of total share holdings rose 1.6 percentage points to 79.3% in Q1.