BUX rises 0.8 percent as OTP leads rebound at midday
Published on 10/12/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- BUX stood at 142,809 points by 11:30 a.m. CEST on October 12, up 1,138 points or 0.8 percent.
- OTP gained 3.2 percent after a 50 billion HUF share-buyback authorization.
- OTP was the biggest gainer at 3.2 percent, while MOL fell 1.5 percent.
- The IMF and World Bank meetings continue on October 13, with the World Economic Outlook briefing at 4:00 a.m. CEST.
- Brent crude fell 0.1 percent to USD 104.6 a barrel in morning trading.
BUX was at 142,809 points shortly after 11:30 a.m. CEST on October 12, up 1,138 points or 0.8 percent from Friday's close, Privatbankar reported. The Budapest benchmark opened at 142,243 points, or 0.4 percent higher, as OTP led the rebound.
OTP rose 3.2 percent by 12:24 p.m. CEST. The bank's move followed approval for a 50 billion HUF share-buyback program, Vilaggazdasag reported.
Why is the BUX rising at midday?
OTP's advance provided the clearest upward force in Budapest. The stock had also rallied at the open after the buyback authorization, while the broader market started the week higher.
Oil offered less support to the energy sector. Brent crude slipped 0.1 percent to USD 104.6 a barrel, while WTI fell 0.5 percent to USD 91.3, according to Vilaggazdasag.
BUX winners and losers on October 12
Midday constituent data showed a mixed blue-chip session. OTP and Richter advanced, while MOL and Magyar Telekom declined, Privatbankar reported.
- OTP up 3.2 percent
- Richter up 0.4 percent
- MOL down 1.5 percent
- Magyar Telekom down 0.9 percent
What comes next for the BUX?
The IMF and World Bank annual meetings continue through October 18. The IMF's World Economic Outlook briefing is scheduled for October 13 at 4:00 a.m. CEST, based on the Bangkok program reported by Thai Examiner. The meetings began on October 12 and include sessions on global growth, debt and financial stability, The Nation reported.
