The Budapest Stock Exchange is a relatively new stock exchange headquartered in Budapest, capital of Hungary. A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock Budapest ( also /ˈbʊ-/) is the capital city of Hungary. As the largest city of Hungary it serves as the country's principal Political, Hungary (Magyarország 'mɔɟɔrorsaːg) officially in English the Republic of Hungary ( Magyar Köztársaság, literally Magyar (Hungarian Republic
It replaced the unofficial "Budapest Stock Exchange Index" used during the phases of transition from a socialist to a market economy. The exchange presently contains 20 stocks. To qualify for the index, a stock must comply with three out of five requirements. According to The Budapest Stock Index (BUX), these requirements include:
The Budapest Stock Exchange's historic high was 25550. The BUX is a stock index of large companies traded on the Budapest Stock Exchange. 68 index points and its low was 717. 75 points.
Budapest is considered to be Central/Eastern Europe's second best stock exchange, surpassed only by the Warsaw Stock Exchange. Prague and Bucharest are lagging behind.
The Budapest Stock Exchange Ltd(BSE calculates BUMIX an index of listed shares with medium and small capitalisation since June 1, 2004.