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Budapest, Ljubljana, Prague and Vienna stock exchanges in new holding structure

January 21, 2010, 1:01 pm
The stock exchanges of Budapest, Ljubljana, Prague and Vienna have started to operate as equal subsidiaries of the holding company CEESEG AG as of 14 January, the Wiener Börse (Vienna Stock Exchange) has... 

Hungary forint back on the weakening track vs. euro

January 6, 2010, 9:11 am
Sentiment on global money and capital markets was less sanguine on Tuesday than the first trading day of the year and the same goes for the early Wednesday session, as well. Stock markets have lost some... 

Hungary's forint in a lull, awaiting rate decision

December 21, 2009, 9:14 am
Hungary’s forint opened in illiquid-looking trading on Monday largely where it left off on Friday. Main Asian stock indices moved mixed at dawn (Hungarian time), while the USD was steady versus the... 

New telco stock to debut on the Budapest bourse tomorrow

December 14, 2009, 3:25 pm
Trading in the shares of telco company NordTelekom is to start on the Budapest Stock Exchange (BSE) on 15 December, the bourse has announced on Monday. “The Chief Executive Officer of the Budapest... 

Hungary MOL BoD member sells company shares

December 4, 2009, 11:31 am
Hungarian fuels group MOL has announced on Friday that one of its Board members sold nealry 3,000 MOL shares. László Akar, member of the Board of Directors of MOL sold 2,971 MOL shares at HUF 16,225... 

Hungary's forint shows strange strengthening

December 2, 2009, 4:57 pm
Although global investor sentiment has changed only marginally since the morning, Hungary’s forint firmed by over 0.5% to the euro, reaching 270 by late afternoon. The HUF’s regional peers... 

Hungary's forint awaits impetus from abroad

December 2, 2009, 9:11 am
Global investor sentiment has brightened only marginally by Wednesday morning and so Hungary’s forint managed to strengthen only by a hair versus the euro relative to its late Tuesday levels. The... 

Hungary forint gets better after passing nausea

November 30, 2009, 9:07 am
International jitters related to concerns over Dubai have let up since last Friday and Hungary’s forint has also started the week stronger. On the back of larger risk appetite Asian bourses ticked... 

Change of scene at Budapest bourse as worldwide excitement dies down

November 27, 2009, 10:53 am
10:45 a.m. The stock market slump witnessed this morning was followed by corrections worldwide. European stocks have recovered from major losses and are currently about 0.5% down compared with Thursday... 

Hungary forint gets over first shock

November 27, 2009, 10:15 am
The value of the Hungarian currency shrank by another 1% in this morning’s pandemonium after 2% loss yesterday. As investors are getting a grip, the forint is stabilizing vs. the euro. 10:00 a.m.... 

Hungarian stocks likely in the red on Black Friday

November 27, 2009, 8:57 am
No release of tension is expected at the Budapest Stock Exchange today: stock market losses will most likely continue. The market is gearing up for a nasty day, with losses possibly continuing throughout... 

Hungary forint at 2-week low as world watches Dubai with concern

November 26, 2009, 4:57 pm
The Hungarian forint took another beating on Thursday afternoon CET, the currency is at its weakest in two weeks vs. the euro. Losses for the forint have been as great as 2% since this morning, government... 

Drugmaker Richter continues treasury stock purchase at Budapest exchange

November 26, 2009, 11:49 am
Hungarian pharmaceutical Richter said it acquired 5,000 treasury stocks at the Budapest Stock Exchange on November 25. The transaction was carried out by UniCredit Bank Hungary at HUF 41,652 average share... 

Hungary forint vs. euro at 270 as global optimism evaporates

November 26, 2009, 10:35 am
The global optimism that drove US stock indices to new highs as markets were drawing to a close yesterday has significantly deteriorated overnight, with major declines witnessed in Asia and European stocks... 

Hungary's forint weakens under bleaker sentiment

November 24, 2009, 9:05 am
What started at Asian markets today on the back of a piece of news from China may brng about a natural correction after the asset price increase over the past days. The US dollar’s firming serves... 

Hungary's forint firm ahead of rate meeting

November 23, 2009, 9:18 am
Hungary’s forint has started the week stable versus the euro. Although global investor sentiment is currently supportive of CEE currencies, it became all too evident on Friday that the HUF remains... 

Hungary's forint climbs back after sucker-punched by sentiment, Ukraine news

November 20, 2009, 2:38 pm
Hungary’s forint has been dealt a blow in early afternoon trade and approached 271 versus the euro northbound, which means it eased four full notches within the day. The weakening of the HUF and... 

Hungary's OTP buys almost 15% stake in econet.hu

November 19, 2009, 10:29 am
Hungary’s OTP Bank has announced that on 20 July it purchased 7.25 million econet.hu shares, acquiring a 14.65% stake in the IT company. OTP did not buy the package for investment reasons but for... 

Hungary's forint seen giving up battle to breach key level

November 19, 2009, 9:03 am
Hungary’s forint has “tried" for two days to break south of 265 versus the euro, but it eased to above 267 in early trading on Thursday. Global investor sentiment is basically neutral, with... 

Hungary's forint firms to three-week high to EUR

November 17, 2009, 9:13 am
The favourable US retail sales data fired up US markets by late Monday and the buoyant mood has give Hungary’s forint a boost against the euro already yesterday afternoon. EUR/HUF kicked off Tuesday’s... 
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