BUX is a blue chip stock market index consisting up to 25 (currently 16) major Hungarian companies trading on the Budapest Stock Exchange. Prices are taken from the electronic Xetra trading system. According to the operator Budapest Stock Exchange, the BUX measures the performance of the Equities Prime Market's 12 to 25 largest Hungarian companies in terms of order book volume and market capitalization. It is the equivalent of the Dow Jones Industrial Average and DAX, 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 base date for the BUX is 2 January 1991 and it was started from a base value of 1,000. It is calculated in real-time based on the actual market prices of a basket of shares. The BUX index is also a tradeable index. Its futures and option products are available in BSE's derivatives section.
Ticker codes: Reuters: BUX, Bloomberg: BUX.
Annual returns The following table shows the annual development of the BUX since 1991. YearClosing levelChange in indexin pointsChange in indexin % 1991 838.32 1992 891.97 53.65 6.40 1993 1,264.02 372.05 41.71 1994 1,470.13 206.11 16.31 1995 1,528.92 58.79 4.00 1996 4,134.31 2,605.39 170.41 1997 7,999.10 3,864.79 93.48 1998 6,307.67 −1,691.43−21.15 1999 8,819.45 2,511.78 39.82 2000 7,849.75 −969.70−11.00 2001 7,131.13 −718.62−9.15 2002 7,798.29 667.16 9.36 2003 9,379.99 1,581.70 20.28 2004 14,742.60 5,362.61 57.17 2005 20,784.70 6,042.10 40.98 2006 24,874.40 4,089.70 19.68 2007 26,235.60 1,361.20 5.47 2008 12,241.70 −13,993.90−53.34 2009 21,227.00 8,985.30 73.40 2010 21,327.07 100.07 0.47 2011 16,974.24 −4,352.83−20.41 2012 18,173.20 1,198.96 7.06201318,564.08390.882.15201416,634.00−1,930.08−10.40201523,920.657,286.6543.81201632,003.058,082.4033.79201739,377.317,374.2623.04201839,138.95−238.36−0.61201946,082.826,943.8717.74202042,100.00−3,982.82−8.64202150,721.718,621.0020.48202243,793.76−6,927.2−13.66202360,620.0016,826.238.42202479,326.6618,706.6530.862025111,031.7931,705.1339.97
Components The current components and weightings of the index: BUX Composition
Since the March 2022 adjustment, the BUX consists of the following major Hungarian companies: Company Exchange Ticker ICB Sector Date of listing Index weighting (%)4iGBSE4IGTelecommunications2004-09-220.93ALTEOBSEALTEOElectric Utilities2010-10-120.32ANY Security PrintingBSEANYDiversified Industrials2005-12-080.72Appeninn Asset ManagementBSEAPPENINNReal Estate2010-07-020.27AutoWallisBSEAUTOWALLISAutomobiles & Parts2013-06-250.42Budapest Real EstateBSEBIFReal Estate1998.02.160.42CIG PannoniaBSECIGPANNONIAInsurance2010-11-080.29Delta TechnologiesBSEDELTAInformatics1999.02.010.13GraphisoftBSEGSPARKReal Estate2006-08-280.53MasterplastBSEMASTERPLASTConstruction2011-11-290.55MOL GroupBSEMOLOil & Gas1995-11-2824.43Magyar TelekomBSEMTELEKOMTelecommunications1997-11-146.53Opus GlobalBSEOPUSIndustrial conglomerate1998-04-222.24OTP BankBSEOTPBanks1995-08-1039.62PannErgyBSEPANNERGYIndustrial Services1994-06-130.26Gedeon RichterBSERICHTERPharmaceuticals1994-11-0921.96Waberer's InternationalBSEWABERERSIndustrial Transportation2017-06-200.37
Index trackers Passive ETFs providing exposure to the BUX index are available:
Expat Hungary BUX UCITS ETF – traded in euro and listed on the Frankfurt Stock Exchange, Xetra segment (ticker: HUBE, ISIN: BGHUBUX01189). The fund acts as a conduit for capital flows between the international financial markets and the Hungarian capital market. OTP Tőzsdén Kereskedett BUX Indexkövető – traded in Hungarian forint and listed on the Budapest Stock Exchange (ticker: ETFBUXOTP, ISIN: HU0000704960).
See also Economy of Hungary List of Hungarian companies List of companies based in Budapest Central European Blue Chip Index S&P 500 Dow Jones Industrial Average DAX Austrian Traded Index
References
External links BÉT Bloomberg page for BUX:IND