BUX

BUX
The performance of the BUX during the 2008 crisis
FoundationJanuary 2, 1991
OperatorBudapest Stock Exchange
ExchangesBudapest Stock Exchange
Constituents12 to 25
TypeLarge-cap
Weighting methodFree-float capitalization-weighted
Related indicesCETOP20
BUMIX
WebsiteBUX Profile

BUX is a blue chip stock market index consisting up to 25 (currently 16) 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 12 to 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]

Annual returns

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The following table shows the annual development of the BUX since 1991.[4]

Year Closing level Change in index
in points
Change in index
in %
1991 838.32
1992 891.97 53.65 6.40
1993 1,264.02 372.05 41.71
1994 1,470.13 206.11 16.31
1995 1,528.92 58.79 4.00
1996 4,134.31 2,605.39 170.41
1997 7,999.10 3,864.79 93.48
1998 6,307.67 −1,691.43 −21.15
1999 8,819.45 2,511.78 39.82
2000 7,849.75 −969.70 −11.00
2001 7,131.13 −718.62 −9.15
2002 7,798.29 667.16 9.36
2003 9,379.99 1,581.70 20.28
2004 14,742.60 5,362.61 57.17
2005 20,784.70 6,042.10 40.98
2006 24,874.40 4,089.70 19.68
2007 26,235.60 1,361.20 5.47
2008 12,241.70 −13,993.90 −53.34
2009 21,227.00 8,985.30 73.40
2010 21,327.07 100.07 0.47
2011 16,974.24 −4,352.83 −20.41
2012 18,173.20 1,198.96 7.06
2013 18,564.08 390.88 2.15
2014 16,634.00 −1,930.08 −10.40
2015 23,920.65 7,286.65 43.81
2016 32,003.05 8,082.40 33.79
2017 39,377.31 7,374.26 23.04
2018 39,138.95 −238.36 −0.61
2019 46,082.82 6,943.87 17.74
2020 42,100.00 −3,982.82 −8.64
2021 50,721.71 8,621.00 20.48
2022 43,793.76 −6,927.2 −13.66
2023 60,620.00 16,826.2 38.42

Components

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The current components and weightings of the index: BUX Composition

Since the March 2022 adjustment, the BUX consists of the following major Hungarian companies:

Company Exchange Ticker ICB Sector Date of listing Index weighting (%)
4iG BSE 4IG Telecommunications 2004-09-22 0.93
ALTEO BSE ALTEO Electric Utilities 2010-10-12 0.32
ANY Security Printing BSE ANY Diversified Industrials 2005-12-08 0.72
Appeninn Asset Management BSE APPENINN Real Estate 2010-07-02 0.27
AutoWallis BSE AUTOWALLIS Automobiles & Parts 2013-06-25 0.42
Budapest Real Estate BSE BIF Real Estate 1998.02.16 0.42
CIG Pannonia BSE CIGPANNONIA Insurance 2010-11-08 0.29
Delta Technologies BSE DELTA Informatics 1999.02.01 0.13
Graphisoft BSE GSPARK Real Estate 2006-08-28 0.53
Masterplast BSE MASTERPLAST Construction 2011-11-29 0.55
MOL Group BSE MOL Oil & Gas 1995-11-28 24.43
Magyar Telekom BSE MTELEKOM Telecommunications 1997-11-14 6.53
Opus Global BSE OPUS Industrial conglomerate 1998-04-22 2.24
OTP Bank BSE OTP Banks 1995-08-10 39.62
PannErgy BSE PANNERGY Industrial Services 1994-06-13 0.26
Gedeon Richter BSE RICHTER Pharmaceuticals 1994-11-09 21.96
Waberer's International BSE WABERERS Industrial Transportation 2017-06-20 0.37

See also

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References

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  1. ^ "Bse - Bux". Archived from the original on 2016-01-24. Retrieved 2015-10-14.
  2. ^ "BUDAPEST SE IDX". Reuters.
  3. ^ "BUX:IND – Budapest Stock Exchange Budapest Stock Index". Bloomberg. Retrieved 13 June 2020.
  4. ^ "Historical data: BUX Index - Hungary (^BUX)".
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