BUX closes 1.01 percent lower at 144,586.39 points
Published on 11/10/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBUX ends lower after inflation shock
- The BUX closed at 144,586.39 points on November 10, 2026, down 1.01 percent from Monday.
- OTP and MOL weighed on the index, while Richter and Magyar Telekom posted modest gains.
- Higher-than-expected U.S. inflation, a stronger dollar and a weaker forint pressured Hungarian equities.
The BUX ended Tuesday's session at 144,586.39 points, down 1,477.82 points or 1.01 percent from Monday's close of 146,064.21. The closing level and daily move were reported by Privátbankár and are consistent with the 1.0 percent decline reported by Portfolio.
Inflation data weighs on sentiment
According to Privátbankár, citing Equilor analyst András Takács and the Hungarian News Agency, the decline followed higher-than-expected U.S. inflation data. The report said the figures pushed U.S. equities lower, strengthened the dollar and weakened the forint, creating an unfavorable backdrop for Hungarian stocks. European markets were in positive territory, but that support was not enough to offset the pressure in Budapest.
OTP leads blue-chip declines
OTP was the main drag among the large caps, falling 1.73 percent to 42,060 Hungarian forints on turnover of 22.3 billion Hungarian forints. MOL declined 1.16 percent to 4,782 forints, with turnover of 3.5 billion forints. In contrast, Richter gained 0.31 percent to 13,000 forints and Magyar Telekom rose 0.07 percent to 2,926 forints. The BUX's total equity-market turnover was 31.6 billion Hungarian forints.
Portfolio described the session as a weak day for Hungarian equities. Its market summary also noted that Richter and Magyar Telekom advanced, while MOL and OTP declined, and that the BUX remained above its 200-day moving average but moved below its 20-day and 50-day averages. This points to a still-positive longer-term trend alongside weaker short- and medium-term momentum, rather than establishing a standalone change in the broader market direction.
Index context
The Budapest Stock Exchange defines the BUX as a continuously calculated, free-float-capitalisation-weighted index of leading Hungarian shares. The Tuesday close therefore captures the completed Budapest session, rather than an intraday indication. Investors should distinguish the index's daily decline from the separate performance of its constituents, particularly because the four major blue chips moved in different directions.
More BUX coverage is available on the BUX index topic page.
