BUX

BUX

The performance of the BUX during the 2008 crisis
Foundation	January 2, 1991
Operator	Budapest Stock Exchange
Exchanges	Budapest Stock Exchange
Constituents	12 to 25
Type	Large-cap
Weighting method	Free-float capitalization-weighted
Related indices	CETOP20 BUMIX
Website	BUX Profile

BUX is a blue chip stock market index consisting up to 25 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.^[1] 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,^[2] Bloomberg: BUX.^[3]

Components

Finance
Markets Assets Bond Commodity Derivatives Foreign exchange Money Over-the-counter Private equity Real estate Spot Stock Participants Investor institutional Retail Speculator Locations Financial centres Offshore financial centres Conduit and Sink OFCs
Instruments Bond Cash Collateralised debt obligation Credit default swap Time deposit (certificate of deposit) Credit line Deposit Derivative Futures contract Indemnity Insurance Letter of credit Loan Mortgage Option (call exotic put) performance bonds Repurchase agreement Stock Security Syndicated loan Synthetic CDO
Corporate General Accounting Audit Capital budgeting Credit rating agency Risk management Financial statements Transactions Leveraged buyout Mergers and acquisitions Structured finance Venture capital Taxation Base erosion and profit shifting (BEPS) Corporate tax haven Tax inversion Tax haven Transfer pricing
Personal Credit / Debt Employment contract Financial planning Retirement Student loan
Public Government spending Final consumption expenditure Operations Redistribution Transfer payment Government revenue Taxation Deficit spending Budget (balance) Debt Non-tax revenue Warrant of payment
Banking Central bank Deposit account Fractional-reserve banking Loan Money supply Lists of banks Bank regulation Banking license Basel Accords Bank for International Settlements Financial Stability Board Deposit insurance Separation of investment and retail banking
Regulation · Financial law International Financial Reporting Standards ISO 31000 Professional certification Fund governance
Economic history Private equity and venture capital Recession Stock market bubble Stock market crash Accounting scandals

The current components and weightings of the index: BUX Composition

Since the September 2017 adjustment, the BUX consists of the following major Hungarian companies:

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