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Hungarian Stock Market (BUX), 1991 - 03/2016
The Hungary BUX Index gained 6,808 points or 36.24 percent during the 12 months from 18,785 points in March of 2015. Historically, the Hungary Stock Market (BUX) reached an all time high of 30,118.12 in July of 2007.
The Hungarian Stock Market reached its record low of 717.75 in May of 1993. The Budapest Stock Exchange Index is a major stock market index which tracks the performance large, actively traded shares listed on The Budapest Stock in Hungary. It is a free floating, capitalization-weighted, total return index. The Budapest Stock Exchange Index started with a base value of 1,000 as of January 2, 1991. Following a skech of the Hungarian Parlament in Budapest:
picture/source, Sebastián Bayona Jaramillo: http://www.archdaily.com
The Stock Market normally follows -in the LONG-TERM!- the domestic economic path. The Gross Domestic Product (GDP) in Hungary expanded 3.2 percent in the fourth quarter of 2015 over the same quarter of the previous year. The GDP Annual Growth Rate in Hungary averaged 2.21 percent from 1996 until 2015, reaching an all time high of 5.6 percent in the first quarter of 2000 and a record low of -7.80 percent in the second quarter of 2009. GDP Annual Growth Rate in Hungary is reported by the Hungarian Central Statistical Office:
Conclusion: Austria has some neighbouring stock-markets at its boarders that are performing pretty well in the light of the worldwide Financial Markets-turmoil of the last months.
