Minus day on the stock exchanges, Budapest outperformed
The leading indicators of the New York Stock Exchange closed on Wednesday. In Europe, the positive mood following the opening has deteriorated by the end of the day. BUX, on the other hand, closed the day for Mol.
The Dowes index of the top 3 industrial companies fell 448.96 points to Jon34 34.35 points.
The S&P 500 was down 56.75 points, down 1.26 points and finished the day at 4454.86 points.
The Nasdaq Composite index for technology stocks was 186.21 points, down 1.32 points, and closed at 13,992.6 points.
The day is getting off to a good start in Europe, but the indices on major European stock markets have weakened to close
The FTSE10 index fell 0.22 london0 to 7,460 points, the Frankfurt DAX index fell 1.31 14,283.65 points and the Paris CAC-40 index weakened 1.17 real 6581.43 points to close the previous day.
The euro EuroStoxx50 index fell 1.45 to 3869.22 at the end of the trading day.
The price per barrel of the North Sea Brent variety rose from $ 5.54 in practice to $ 117.79 in practice, and WTI also rose more than $ 113.85 in oil on Wednesday night.
European gas prices have risen. On the Dutch gas exchange, TTF’s next April futures quotation was € 107.36 per 1 megawatt at the end of the trading day, with 8, 7 actual prices rising from the previous day’s closing.
Budapest was a top performer
The stock index of the Budapest Stock Exchange, the BUX, rose 274.28 points, or 0.62 percent, to 44,612.73 points on Wednesday, with a turnover of HUF 24 billion.
Lajos Török, chief analyst of Equilor Befektetési Zrt., Told MTI: the Hungarian stock exchange was closed, the BUX outperformed most of the European indices, and turnover was high.
The winner of the day was Mol, the paper strengthened above 5 per cent, according to the expert mainly due to news of a significant dividend.
The sentiment in the European market deteriorated by the end of the day, and concerns about the Russo-Ukrainian war remained strong, as evidenced by the weakening of OTP, he added.
Mol strengthened by HUF 150, to 5.66 real HUF 2,800, with a turnover of HUF 9.7 billion.
The price of OTP shares decreased by HUF 260, from 2.06 to HUF 12,335, and their turnover amounted to HUF 11.2 billion.
Magyar Telekom’s share price fell by HUF 9.5 million to HUF 401.50 million and its turnover was HUF 245.2 million. The price of Richter securities increased by HUF 100, or 1.41 points, to HUF 7,210, and the turnover of shares reached HUF 1.3 billion.
BUMIX closed at 4097.87 points on Wednesday, down 82.80 points from 1.98 percent compared to Tuesday’s close.