The BUX index is the official index of blue-chip shares listed on the Budapest
Stock Exchange Ltd. It is calculated in real time by the BSE every five seconds
based on the actual market prices of a basket of shares. 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 BUX index is also a tradeable index. Its futures and option products are
available in BSE’s derivatives section.
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Profile
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Official name
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The Share Index of the Budapest Stock Exchange Co. Ltd.
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Type
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Total return index, taking account of dividend payouts
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Weighting
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Share index with market capitalisation weighting corrected for free float
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Currency of calculation
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Hungarian Forint (HUF)
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Structure
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Consists of a variable number of shares up to a maximum of 25
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Review
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Twice a year - March, September
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Frequently of calculation
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Continuous, every five seconds
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Ticker codes
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Reuters: .BUX
Bloomberg: BUX
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Base value
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January 2, 1991=1000 points
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Tradeable products
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BUX index futures contract
BUX index options contract
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