BUX closes 1.82 percent higher at 146,064.21 points as OTP leads rebound
Published on 11/09/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBUX rebounds as risk appetite improves
- The BUX closed Monday, November 9, 2026, at 146,064.21 points, up 1.82 percent.
- OTP led the advance among major constituents, while all four leading shares cited by Economx finished higher.
- Market sentiment improved after comments that further US strikes on Iran were unlikely while negotiations continued.
The BUX recovered strongly on Monday, November 9, 2026, after the Hungarian benchmark had ended the previous session lower amid a broader global equity sell-off. The index closed at 146,064.21 points, an increase of 2,610.43 points, or 1.82 percent, according to Economx, citing the Hungarian news agency MTI.
Recovery after Friday's sell-off
The comparison base was Friday's close at 143,453.78 points. The BUX therefore reversed a substantial part of the previous session's decline, although Monday's close remained below the levels recorded earlier in the week. Diplomacy and Trade had reported that the index finished Friday at that level after falling 1.24 percent over the week.
OTP provides the strongest impulse
According to the Economx report, OTP was the principal support for the benchmark. The bank's shares rose 1,560 forints, or 3.78 percent, to 42,800 forints. MOL advanced 0.46 percent to 4,838 forints, Magyar Telekom gained 0.76 percent to 2,924 forints and Richter increased 0.70 percent to 12,960 forints. The gains gave the BUX a broad-based positive contribution among the leading stocks, even though OTP was the clear standout.
Improved international risk sentiment
Equilor analyst András Takács told MTI, as reported by Economx, that the favorable mood was visible across markets. European equities were up by around 1.4 percent at the time of the Budapest close, while US markets were more than 2 percent higher. The report linked the improved sentiment to US President Donald Trump's statement that additional military action against Iran was unlikely while negotiations progressed. Oil prices also fell by about 3 percent in that context, reducing immediate concerns about an energy shock.
The Budapest Stock Exchange describes the BUX as its official blue-chip share index, calculated continuously in Hungarian forints and based on the market prices of its constituent shares. Monday's advance was therefore an index-level recovery rather than a change in the index's underlying identity or currency basis. Further BUX coverage is available in the BUX topic section.
