BUX closes 0.7 percent higher as OTP leads rally
Published on 10/16/2026 at 23:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOTP and central bank in focus
- BUX closed at 145,471 points on October 16, up 1,016 points or 0.7 percent.
- OTP rose 1.9 percent and led the blue-chip advance.
- Richter was the biggest loser, down 1.9 percent.
- The MNB rate decision is scheduled for October 20 at 2:00 p.m. CEST.
The BUX closed at 145,471 points on October 16, 2026, up 1,016 points or 0.7 percent. The Budapest benchmark followed a stronger European equity session.
OTP led the advance with a 1.9 percent gain. Richter fell 1.9 percent as European health-care stocks weakened, while Magyar Telekom and MOL also gained.
Why did the BUX rise on October 16?
OTP shares climbed to 42,430 forints, helping the index extend its recovery. The bank accounted for 11.1 billion forints of turnover, according to Privatbankar.
The BUX gained as European markets traded higher. Equilor analyst Akos Czibere said Richter followed the weaker European health-care sector, while no company-specific news explained its decline, as Tozsdeforum reported.
Winners and losers in the BUX
Stock moves at the Budapest close, based on Privatbankar:
- OTP up 1.9 percent: the strongest gain among the leading shares.
- Magyar Telekom up 1.2 percent.
- MOL up 0.5 percent.
- Richter down 1.9 percent: the European health-care sector weakened.
- OPUS down 1.4 percent.
Trading turnover across the equity market reached 19.1 billion forints. All four major blue-chip shares except Richter rose, according to Tozsdeforum.
What comes next for the BUX
- October 19, 2026, 9:00 a.m. CEST: Budapest trading resumes after the weekend.
- October 20, 2026, 2:00 p.m. CEST: the National Bank of Hungary announces its rate decision, with rates expected to remain unchanged, ABF Trade reports.
BUX price data for October 16, 2026
The BUX closed at 145,471 points on October 16, 2026, up 1,016 points or 0.7 percent from 144,455 points on October 15, according to Tozsdeforum. The equity market turnover was 19.1 billion forints.
BUX by the numbers on October 16, 2026
- Index: BUX
- Home exchange: Budapest Stock Exchange, Hungary
- Close on October 16, 2026: 145,471 points
- Change versus previous close of October 15, 2026: up 1,016 points (up 0.7 percent)
- Previous close: 144,455 points
- Top gainer: OTP up 1.9 percent
- Top loser: Richter down 1.9 percent
- Next scheduled event: October 20, 2026, 2:00 p.m. CEST: National Bank of Hungary rate decision
