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The momentum has run out, the Hungarian stock market closed in the red

Today, the BUX index ended the day down 0.2 percent compared to its last closing value. The BUX index is currently below its 20-, 50-, and 200-day moving averages, so a clear downward trend can be observed in the case of the domestic stock index in the most important time periods.

Evolution of the value of BUX

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The domestic blue chips performed mixed today, the price of Mol is up 0.8 percent, while the price of Magyar Telekom rose 0.8 percent compared to its last closing price. Meanwhile, OTP’s share price fell by 0.1 percent, while Richter’s share price is down 1.2 percent compared to its last closing price.

Today’s exchange rate change for domestic blue chips

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The share price of mid-cap listed companies typically fell today, the decline was led by PannErgy’s shares, whose price went down by 5.1 percent, and the price of Opus fell by 4.8 percent.

Today’s exchange rate change of domestic midcaps

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The largest turnover today was in OTP’s papers, HUF 7.8 billion worth of company shares changed hands, but the Top 5 also included the shares of Richter, Mol, Opus and Magyar Telekom.

The five most traded stocks on the Budapest Stock Exchange (million forints)

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Cover image source: Gábor Szabó / Gabriel Szabo