May 10, 2012, 12:30 pmHungary’s economic output shrunk even in annual terms in the first quarter this year and GDP will contract in the whole of 2012, according to the consensus forecast of analysts in Portfolio.hu poll....
May 9, 2012, 1:35 pmHungarian drug producers Egis and Richter are expected to report smaller profits for the first quarter of 2012 than their respective Q1 2011 numbers, the consensus estimates of analysts showed in a Portfolio.hu...
May 7, 2012, 1:13 pmHungary’s Magyar Telekom is set to publish its first-quarter earnings report on 10 May. Analysts polled by Portfolio.hu do not expect a turnaround in the group’s key segments. They project...
May 4, 2012, 1:56 pmIn spite of the increasingly volatile sentiment on external markets Hungary’s forint has appreciated considerably versus the euro over the past month, but the outlook of local fund managers on the...
May 3, 2012, 4:43 pmJust like global market indices the BUX index also went south in April, but Hungarian fund managers remain upbeat about the prospects of the Budapest Stock Exchange (BSE). Moreover, their expectations...
May 3, 2012, 9:08 amIt would not be a wise move by Hungary’s government not to draw from the IMF/EU’s financial assistance package once it is secured, said 70% of nearly 6,100 Portfolio.hu readers in an online...
April 27, 2012, 4:44 pmNegotiations between Hungarian authorities and the International Monetary Fund (IMF) on a financial assistance programme may start in the second half of May and be concluded in the third quarter, according...
April 24, 2012, 8:00 amHungary’s central bank will leave its key policy rate unchanged at 7.00% on Tuesday, according to analysts’ consensus estimate in a Portfolio.hu poll. They say the Monetary Council has no reason...
April 16, 2012, 4:34 pmHungary will sign no credit deal with the International Monetary Fund (IMF), because the government does not want to, the majority of Portfolio.hu’s readers said in an online poll. Based on the outcome...
April 16, 2012, 8:54 amOver the past few days, Hungary’s government and international organisations have made contradicting statements about the financial assistance package Hungary requested in November 2011. In the meantime...
April 11, 2012, 4:04 pmThe profit outlook has worsened for almost every listed Hungarian company compared to a year ago, while in several cases there has been an improvement from three months ago. The loss of production capacities...
April 10, 2012, 9:41 amThe analysts polled in the latest Portfolio.hu survey are expecting 5.5% March inflation in Hungary, a significant decline from 5.9% in February. Food prices have been pointed out as the potential drivers...
April 2, 2012, 4:56 pmHungary’s commercial banks are expeced to bid for HUF 50-100 billion worth of the central bank’s (NBH) new two-year loan facility at the Bank’s first such tender on Tuesday, economists...
March 27, 2012, 11:10 amHungary would probably be able to sell, for example, USD 1 billion worth of FX bond even before it reaches a credit deal with the IMF/EU, but for that it would need to offer a yield of at least 8% and...
March 23, 2012, 2:53 pmHungary’s central bank (NBH) will leave its key policy rate on hold next Tuesday, analysts projected in a Portfolio.hu poll on Friday. This would be the third month in a row when the Monetary Council...
March 21, 2012, 4:45 pmWhile Hungary’s ruling Fidesz party, and opposition parties MSZP and LMP enjoy a slowly growing support, the far-right Jobbik party is losing followers and the Democratic Coalition cannot increase...
March 8, 2012, 2:33 pmOTP Bank, Hungary’s largest lender, is set to publish its Q411 earnings figures on 9 March (tomorrow). The bank’s results are distorted by one-off items: on top of the usual bank tax there...
March 5, 2012, 11:59 amThe forint kept on gaining versus the euro in February too, but in spite of that local fund managers continue to have an upbeat outlook on the Hungarian currency. However, they have turned more cautious...
March 5, 2012, 9:30 amFollowing a rally in January, the Budapest Stock Exchange (BSE) has come to a halt in February, which probably contributed to the fact that local fund managers’ optimism about the short-term prospects...
March 1, 2012, 4:07 pmAmidst bleak public sentiment support for Hungary far-right parliamentary party Jobbik and green party LMP has grown, the latest survey of pollster Medián showed on Thursday. The Hungarian electorate...