BSE: Daily share turnover climbs almost 22% in April

Telco

Daily share turnover on the Budapest Stock Exchange came to HUF 13.5 bln in April, up 21.7% from the previous month, the bourse said yesterday. Spot market turnover exceeded HUF 276 bln for the month, including almost HUF 270 bln in share turnover.

The bourseʼs main BUX index finished the month 14.8% higher, as oil and gas company MOL gained 24.2%, OTP Bank rose 13.2% and drugmaker Richter advanced 18.5%.

Concorde brokered the most deals on the shares market in April, generating 22.5% of turnover. Runner-up was Wood and Company, brokering 17.4% of the total, followed by Erste Befektetési, with 14.8%.

Turnover on the derivatives market fell 37% to HUF 183 bln in April from the previous month. Turnover of FX futures reached just HUF 150 bln.

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