Budapest Stock Exchange BUX index faces potential correction

The Budapest Stock Exchange (BÉT) experienced volatility as the BUX index closed Monday at 150,110.32 points, a decrease of 0.29 percent. Analysts from Equilor Befektetési Zrt. suggest that the minor correction seen on Monday could continue, potentially driving the BUX index below the 150,000 point mark.

Key individual stock performances included:

• OTP Bank: The share price fell by 0.11 percent to 46,000 HUF, with a trading volume of 5.8 billion HUF. • Mol: The stock rose 0.2 percent to 4,970 HUF, approaching a resistance level at 5,000 HUF. • Magyar Telekom: The price dropped 1.14 percent to 2,600 HUF. • Richter: The share price remained stable at 13,000 HUF with a trading volume of 2.0 billion HUF.