BUX

BUX

The performance of the BUX during the 2008 crisis
Foundation January 2, 1991
Operator Budapest Stock Exchange
Exchanges Budapest Stock Exchange
Constituents up to 25
Type Large-cap
Weighting method Free-float capitalization-weighted
Related indices CETOP20
BUMIX
Website BUX homepage

BUX is a blue chip stock market index consisting of the 25 major Hungarian companies trading on the Budapest Stock Exchange. Prices are taken from the electronic Xetra trading system. According to the operator Budapest Stock Exchange, the BUX measures the performance of the Equities Prime Market’s 25 largest Hungarian companies in terms of order book volume and market capitalization.[1] It is the equivalent of the Dow Jones Industrial Average and DAX, the index shows the average price changing of the shares with the biggest market value and turnover in the equity section. Hereby this is the most important index number of the exchange trends.

BSE was one of the first in the world who started to use free-float capitalisation weightings instead of the traditional market capitalisation weightings in October 1999. The base date for the BUX is 2 January 1991 and it was started from a base value of 1,000. It is calculated in real time based on the actual market prices of a basket of shares. The BUX index is also a tradeable index. Its futures and option products are available in BSE’s derivatives section.

Ticker codes: Reuters: BUX,[2] Bloomberg: BUX.[3]

Components

Beginning on October 14, 2015, after the close, the BUX consists of the following 14 major Hungarian companies:

Company Exchange Ticker ICB Sector Date of listing Index weighting (%)
ANY Security Printing BSE ANY Diversified Industrials 2005-12-08 0.59
Appeninn Asset Management BSE APPENINN Real Estate 2010-07-02 0.18
CIG Pannonia Life Insurance BSE CIGPANNONIA Insurance 2010-11-08 0.53
Budapest Electricity Works BSE ELMU Utilities 1998-12-15 0.37
North Hungarian Electricity Supply BSE EMASZ Utilities 1998-12-15 0.38
FHB Bank BSE FHB Banks 2003-11-24 0.72
Graphisoft Park BSE GSPARK Real Estate 2006-08-28 0.77
Magyar Telekom BSE MTELEKOM Telecommunications 1997-11-14 10.61
MOL Group BSE MOL Oil & Gas 1995-11-28 26.04
OTP Bank BSE OTP Banks 1995-08-10 33.03
PannErgy BSE PANNERGY Industrial Services 1994-06-13 0.28
RÁBA Automotive Group BSE RABA Automobiles & Parts 1997-12-17 0.28
Gedeon Richter BSE RICHTER Pharmaceuticals 1994-11-09 25.80
Zwack Unicum BSE ZWACK Food & Beverage 1993-05-27 0.39

The current components and weightings of the index: BUX Composition

See also

References

  1. ↑ http://bse.hu/topmenu/marketsandproducts/indices/indicies/bux.html
  2. ↑ http://uk.reuters.com/business/markets/index?symbol=.BUX
  3. ↑ http://www.bloomberg.com/quote/BUX:IND

External links

Hungary BUX companies of Hungary
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