Markets

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.... 

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... 

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... 

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... 

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... 

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 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 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 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 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... 

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... 

Asian markets kicked off today’s trading in amicable atmosphere that permeated Europe, as well. As a result, Hungary’s forint managed to continue where it left off last Friday and firmed to... 

On 30 October, trading in the shares of Finext Property Management Public Limited Company began on the Budapest Stock Exchange (BSE), the bourse has announced on Monday. Finext Plc. had submitted its... 

Hungary’s forint has started the day on a strong footing as global investor sentiment brightened up. GDP figures in CEE are likely to be the key driving force for the currencies in the region today.... 

Hungary’s forint is holding its ground in early morning trading no Tuesday and is still quoted at a nearly two-week high versus the euro. If global investor sentiment remains this kind, the HUF could... 

Hungary’s forint has managed once again to benefit from an improvement in global investor sentiment. As the US dollar has weakened the HUF started to approach 274 versus the euro. EUR/HUF is closing... 

While global investor sentiment was looking up on Wednesday afternoon, something seems to have gone wrong on global money and capital markets and so Hungary’s forint was unable to break out south... 

Hungary’s forint is slowly regaining massive losses suffered since late Monday, as it has firmed back to around 276 versus the euro by Wednesday morning. Global players appear to be switched to... 

Although Hungary’s forint has firmed markedly against the euro in Thursday’s afternoon session, it seems to be moving on shakier feet on Friday. US stock market indices jumped by about 2%... 

Hungary's Government Debt Management Agency (ÁKK) has received HUF 92.3 billion worth of bids on HUF 40 bn 3-month discount Treasury bills (D100203) at an auction on Tuesday. As demand was much smaller...