BUX falls 1.27% as global sell-off reaches Budapest
Published on 11/06/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBUX falls as global risk aversion spreads
- The BUX stood at 142,648.33 points at 13:07 Berlin time on November 6, down 1.27 percent from Thursday's close.
- A global sell-off in technology stocks and sharp losses in Asia weighed on European markets and Budapest.
- Investors were also watching Mol's quarterly results and the upcoming US employment report.
The BUX was trading lower on Friday, November 6, as a broad risk-off move in global equities spread to the Budapest Stock Exchange. The index stood at 142,648.33 points at 13:07 Berlin time, down 1.27 percent from Thursday's close of 144,484.17 points, according to Portfolio.hu. Trading in Budapest was still under way, so the figure was an intraday level rather than a closing value.
Global losses set the tone
The decline followed a sharp sell-off in US technology stocks on Thursday and heavy losses in Asian markets on Friday. Portfolio.hu reported that the Nikkei fell more than 6 percent at one point and that South Korea's Kospi dropped by more than 8 percent, prompting a temporary trading halt. European markets also opened under pressure, with major benchmarks including the DAX, FTSE 100 and CAC 40 trading lower.
The international backdrop was also highlighted by Tozsdeforum, which reported that the BUX had stood at 142,588.19 points at 11:30 Berlin time, down 1.31 percent from the previous close. The intraday readings indicate that selling pressure persisted through the morning and early afternoon.
Blue chips remain under pressure
All four major Hungarian blue chips were reported lower shortly after the open. OTP and Mol were among the main drags, while Richter and Magyar Telekom also traded below their previous closes in the morning account. Tozsdeforum reported midday turnover of 15.7 billion Hungarian forints, while the BUX remained relatively stronger than several major European markets on the day.
Mol was also in focus after reporting record third-quarter results, according to Portfolio.hu, but its shares still traded lower. The market's attention was additionally turning to the US October employment report due later on Friday, a release that could influence expectations for the Federal Reserve's next policy decision.
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