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Jan 18, 2019

Budapest Stock Exchange saw increase in trade volume of 6.7 percent in 2018

BÉT is the second largest stock exchange in Central and Eastern Europe by market capitalization and liquidity

The Budapest Stock Exchange (BÉT) saw an increase in trade volume of 6.7 percent in 2018, it has been announced. 

The figures show that BÉT performed better than most other European Exchanges and daily turnover rose to HUF 11.4 billion, while annual trade volume rose to HUF 2,791 billion.

Shares of the four "blue chip" companies (OTP, MOL, Richter and Magyar Telekom) accounted for 89% of the turnover.

What's more, three companies advanced into the premium category and for the first time the exchange also lists regulated real estate investment companies.

The capitalization of BÉT rose by 5.3 percent or HUF 80 billion and has reached 20 percent of the country's GDP. The numbers show that BÉT is the second largest stock exchange in Central and Eastern Europe by market capitalization and liquidity.