Budapest Stock Exchange: Difference between revisions
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The '''Budapest Stock Exchange''' was re-opened in 1990<ref>{{cite web|url= http://www.sec.gov/news/speech/1990/062190breeden.pdf |title=Remarks Of Richard C. Breeden, Chairman U.S. Securities And Exchange Commission |work=The Re-opening Of The Budapest Stock Exchange |publisher=[[U.S. Securities and Exchange Commission]] |date=1990-06-21 |accessdate=2008-07-12}}</ref> with [[headquarters]] in [[Budapest]], [[Hungary]]. |
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The '''Budapest Stock Exchange''' is a relatively new [[stock exchange]] headquartered in [[Budapest]], capital of [[Hungary]]. |
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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 [[BUX|The Budapest Stock Index]] (BUX), these requirements include: |
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 [[BUX|The Budapest Stock Index]] (BUX), these requirements include: |
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==See also== |
==See also== |
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*[[BUMIX]] |
*[[BUMIX]] |
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==References== |
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{{reflist}} |
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==External links== |
==External links== |
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Revision as of 10:46, 12 July 2008
 | This article may need to be rewritten to comply with Wikipedia's quality standards. |
The Budapest Stock Exchange was re-opened in 1990[1] with headquarters in Budapest, Hungary.
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:
- A certain minimum face value of a stock
- A defined minimum price
- A minimum number of transactions
- An accumulated minimum turnover of 10% of the registered capital during the six months preceding the revision of the index
The Budapest Stock Exchange's historic high was 25550.68 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.
See also
References
- ^ "Remarks Of Richard C. Breeden, Chairman U.S. Securities And Exchange Commission" (PDF). The Re-opening Of The Budapest Stock Exchange. U.S. Securities and Exchange Commission. 1990-06-21. Retrieved 2008-07-12.
External links
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