- 12 Sep 2023 7:36 AM
- Hungary Around the Clock
The index outperformed Western European bourses and is currently above the 20-, 50- and 200-day moving averages, a sign that the upward trend could continue, according to technical analysts.
OTP shares led the rally with a gain of 1.1% to Ft 14,500 on Ft 6.3 billion turnover, or two-thirds of the session total of Ft 9.8 billion.
Richter, MOL and Magyar Telekom shares rose by 0.1-0.8%.
The BUX index has gained more than 30% so far this year.