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The Budapest Stock Exchange is a relatively new stock exchange headquartered in Budapest, capital of Hungary.
It replaced the unofficial "Budapest Stock Exchange Index" used during the phases of transition from a socialist to a market economy. The exchange presently contains 20 stocks. To qualify for the index, a stock must comply with three out of five requirements. According to The Budapest Stock Index (BUX), these requirements include:
- A certain minimum face value of a stock
- A defined minimum price
- A minimum number of transactions
- A cumulated minimum turnover of 10% of the registered capital during the six months preceding the revision of the index
The Budapest Stock Exchange's historic high was 25550.68 index points and its low was 717.75(?) points.
See also
External links
Budapest | Stock exchanges | Economy of Hungary | Stock exchanges in Europe
"Budapest Stock Exchange"