The Vienna Stock Exchange has launched two indices that include several shares traded on the Budapest Stock Exchange, the Austrian bourse said.
The CEETX Fundamental in euros contains Magyar Telekom, oil and gas company MOL, OTP Bank and drug maker Richter Gedeon. The CECE Fundamental in euros contains drug maker Egis, FHB Bank, MOL, Magyar Telekom, OTP Bank and Richter.
The weight of the companies in the indices is based on return on assets, gross dividend yield and price-to-book ratio.
The weights of the Hungarian shares in both indices is between 1.19% (FHB) and 8.32% (Magyar Telekom), the latest data from the Vienna Stock Exchange shows. (MTI – Econews)