Wednesday , November 25 2020

Well done the domestic stock market in the short trading week



The stock market turnover in the three-day trading week exceeded 33.37 billion forints, while the previous three-day week was trading at 41.66 billion forints. The main actions strengthened, except for Magyar Telekom, this week.

Mario Kocsis, an analyst at Concorde Securities Zrt., Told MTI that he was rich in seven powerful moves.

International markets were extremely vulnerable to geopolitical risks, rumors of rumors of corporate reporting, and issues surrounding the Brex and the Italian budget were plagued by European stock markets.

Photo: VG

Of home-related news, he pointed out that Mol published his third quarterly flash report on Wednesday before opening the market. Mol Group earned $ 708 million in cleaned-up earnings before interest, taxes and amortization (EBITDA) in the third quarter of this year, an increase of 23% over the same period last year, which was the best quarterly result of the last three years.

According to analysts, the numbers that exceed expectations may give rise to a new boost to the increase in Mol shares.

  • OTP exchange rate rose 3.26 percent this week, Wednesday closed at 10.3 thousand forints, its weekly turnover surpassed 17.65 billion forints.
  • Mol shares rose 5.33% to $ 3006 a week, with revenue of $ 9.4 billion.
  • Richter appreciated 3.09 percent, closed on Wednesday in 5330 forints, his weekly earnings was 3.84 billion forints.
  • Magyar Telekom's market price fell 1.39% this week, the closing price on Wednesday was 391 forints, its weekly turnover surpassing 605 million forints.

Index of small and medium shares, BUMIX at 3670.98 points closed on Wednesday, 51.28 points more than the previous week, 1.42 percent higher.


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