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Equity

Hungary OTP becomes top pick of local fund managers

Stock markets had a great finish in January and the general index of the Budapest Stock Exchange (BSE) did not miss it either. On the contrary, with its 10% jump it was among the best performers. Hungary’s fund managers have subsequently turned more upbeat about the prospects of the Budapest bourse and their... 

ANALYST VIEW - Erste ups target price, keeps 'Buy' rating for Hungary's Richter

Erste has raised its target price for Richter, Hungary’s largest drugs producer, to HUF 45,650... 

Hungary OTP becomes top pick of local fund managers

Stock markets had a great finish in January and the general index of the Budapest Stock Exchange (BSE)... 

How further could the forint depreciate? (x)

Portfolio.hu has always considered it one of its key missions to present how global economic events and... 

Hungary Richter to report massive profit decline for Q411 - Portfolio.hu Poll (adds consensus for Egis)

Richter Gedeon, Hungary’s leading drugs producer is expected to publish its fourth-quarter 2011... 

ANALYST VIEW - Erste ups target price, keeps 'Hold' rating for Hungary's Magyar Telekom

Erste Bank has on Thursday confirmed its ‘Hold’ recommendation for Hungarian telecoms group... 

Erste sees no bigger hit by Hungary FX loan scheme than expected

Erste Bank expects the hit from Hungary's move to let borrowers repay foreign-currency loans at below-market... 

EU blocks proposed merger between Deutsche Börse and NYSE Euronext - Door opens for Xetra in Budapest?

The European Commission has on Wednesday prohibited, on the basis of the EU Merger Regulation, the proposed... 

Hungary stops, Croatia continues probe of MOL chief Hernádi in graft case

Hungary’s Chief Prosecutor’s Office announced on Monday that it ended an investigation of... 

Hungary picks fourth mobile carrier

Three Hungarian companies and a consortium comprising three local enterprises have won frequency blocks... 

MetLife to buy Czech, Hungarian, Romanian operations of Aviva

MetLife, Inc. a leading global insurer, has agreed on Monday to acquire from Aviva plc its life insurance... 

AAA Auto CEO Denny ups stake in company

AAA Auto has announced that its chief executive officer, Anthony James Denny, purchased further stakes... 

Hungary OTP partially cancels EUR 125 m subordinated notes

OTP Bank, Hungary’s largest lender, has announced on Monday that it partially cancelled EUR 125... 

Raiffeisen will earn back losses on Hungarian FX debt fix scheme - CEO Stepic

Raiffeisen will earn back the losses suffered in Hungary over an assistance scheme for foreign currency... 

AAA Auto chief Denny buys own company shares

AAA Auto has announced that its chief executive officer, Anthony James Denny, purchased further stakes... 

Hungary Egis shareholders approve HUF 120 dividend

Shareholders of Hungarian drugs producer Egis approved every proposal of the Board of Directors at the... 

Hungary MOL announces testing results, spudding of Iraqi wells

Hungarian oil and gas group MOL has on Monday announced initial target results of Shaikan-4 appraisal... 

Hungary MOL denies report on plan to divest Syrian fields of INA

Croatian daily Jutarnij List wrote on Wednesday, citing unnamed sources, that Hungarian fuels group MOL... 

Erste's Treichl says Hungary could solve its crisis quickly if it wanted to

The crisis Hungary is currently in is self-inflicted, but the government could change all that in four... 

Hungary OTP to remain cautious, eyes China - Csányi

Hungary’s OTP bank is “extremely stable" from capital and liquidity standpoint and it is... 

Fitch downgrades four Hungarian banks

Fitch Ratings downgraded Hungarian banks CIB Bank Zrt's (CIB) and Kereskedelmi és Hitelbank Zrt's (K&H)... 
Commentary

ANALYST VIEW - Morgan Stanley keeps UW rating, cuts target price for Hungary's OTP

Morgan Stanley has confirmed its ‘Underweight’ rating on Hungary’s OTP Bank, but slashed... 

ANALYST VIEW - Erste downgrades Hungary Magyar Telekom

Erste Bank has on Thursday downgraded Hungary’s Magyar Telekom to ‘Hold’ from Accumulate... 

ANALYST VIEW - Hungarian drugmaker Egis trading well below true value, Richter overpriced (Morgan Stanley) (2)

Morgan Stanley’s first target price for Hungarian pharmaceutical Egis is a hulking HUF 27,400 per... 


       
       
Stocks INFOPANEL
Views and Interviews

ING CEO sees tough challenges ahead, clouds with silver lining in CEE banking sector (Interview)

Although the mortgage prepayment plan is slowing Hungary’s economy down, the CEE region as a whole is still offering the best growth opportunities... 

Hungary MOL target price upped by Goldman Sachs

Goldman Sachs has raised its price target from HUF 19,200 to 21,500 on Hungarian energy group MOL stocks, with a neutral recommendation. Goldman's fair... 

Secret deals behind Hungary buying Russian stake in MOL?

It was the government’s decision to buy the 21.2% stake of Russia’s Surgutneftegaz in Hungary’s MOL,but it is yet to be seen whether... 
Markets (HU)

Weight of Hungary's OTP in BUX basket grows markedly as of October

The composition of the BUX basket of the Budapest Stock Exchange (BSE) will change as of 1 October. Rába... 

Yield drops at Hungary's 3-m T-bill tender

Hungary’s Government Debt Management Agency (ÁKK) has placed a HUF 30 billion lot of 3-month discount... 
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Latest news

16:45 | Hungary budget may be at risk due to Malév collapse

16:04 | Hungarian airline Malév gives up, flies no more

15:51 | Ryanair rushes to open Budapest base in void left by Malév mishap

14:57 | Hungary forint firms through the roof - Too much maybe? - Portfolio.hu Fund Manager Survey

13:35 | ILFC to fly back Malév-leased aircraft to Irish base this afternoon - MTI

12:39 | Wizz Air responds to Hungary Malév collapse with 66% capacity boost

12:05 | Travel Service not interested in taking over Hungary's Malév anymore

09:05 | ANALYST VIEW - Erste ups target price, keeps 'Buy' rating for Hungary's Richter

16:43 | Hungarian banks to lose EUR 717 m on FX loan fix scheme - Patai

14:54 | Hungary OTP becomes top pick of local fund managers

14:00 | How further could the forint depreciate? (x)

13:30 | Hungary Richter to report massive profit decline for Q411 - Portfolio.hu Poll (adds consensus for Egis)

12:01 | Hungarian igm unit in EUR 2.9 million capacity boost programme

11:32 | Hungary Socialists overtake far-right Jobbik in popularity contest - poll

09:27 | ANALYST VIEW - Erste ups target price, keeps 'Hold' rating for Hungary's Magyar Telekom

09:12 | Hungary Malév gets state receiver

16:22 | Erste sees no bigger hit by Hungary FX loan scheme than expected

15:41 | EU blocks proposed merger between Deutsche Börse and NYSE Euronext - Door opens for Xetra in Budapest?

14:30 | Hungary prepares for possible stop of Malév flights

14:06 | IMF does not propose Hungary to eliminate transport subsidies - Ivaschenko

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