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Linamar owner purchases 2.47m company shares
Monday 10:27, July 5th, 2010
Canada's Linamar Corporation, the majority owner of Hungarian farm-machinery manufacturer and automotive-industry supplier Linamar Hungary, purchased 2,469,728 shares in the Hungarian company at a price of HUF 2,570 per share at a private auction on July 2, the two companies involved in the transaction announced on Friday evening.

BSE share turnover falls 12% in August

10:00, Sep 2 | Share turnover on the Budapest Stock Exchange (BSE) was 718 billion in August, down 12% from July, the BSE said, citing double-counting data compiled from brokers.

CIG Pannónia to submit listing request on Wed

16:12, Aug 31 | Hungarian-owned life insurer CIG Pannónia will submit a request to list its shares along with a prospectus for investors to financial market regulator PSzÁF on Wednesday, the company told MTI.

BUX ends session down 0.12% while OTP advances

17:26, Jul 22 | The Budapest Stock Exchange's main BUX index closed down 0.12% at 22,277.17 on Thursday with OTP as the only blue ship to advance.

BUX inched up in the morning

12:22, Jul 21 | 

BUX takes a fall

10:22, Jul 19 | The Budapest Stock Exchange's main BUX index opened down 4.26% at 21,537.83 on Monday as markets gave a negative response to the suspension of the talks between the government and the International Monetary Fund and the European Union at the weekend.

Asia stocks slide ahead of G20

12:01, Jun 25 | Asian stocks fell for a fourth straight session, driven by expectations of tighter financial regulation ahead of the weekend G20 meeting and uncertainty about the global economic recovery.

World Cup bad for business at the Budapest Stock Exchange

10:42, Jun 25 | The Budapest Stock Exchange (BSE) sustained a 62% decline in turnover during the first week of the 2010 World Cup, the business daily Napi Gazdaság reported.

Bourse warns Finext, Linamar to abide by reporting rules, fines Humet

18:00, Jun 23 | The CEO of the Budapest Stock Exchange issued a warning to listed companies Finext and Linamar to abide by the bourse's regulations regarding reporting.

Magyar Telekom to delist from NYSE

15:53, Jun 23 | The board of Magyar Telekom approved a decision to delist the company's American Depositary Receipts (ADRs) from the New York Stock Exchange at a meeting, the company said.

Hungarian shares included in indices launched by Vienna Stock Exchange

12:20, Jun 23 | The Vienna Stock Exchange has launched two indices that include several shares traded on the Budapest Stock Exchange, the Austrian bourse said.

OTP Bank manager sells, board members buy shares as price plunges

16:27, Jun 8 | OTP Bank on Monday said a deputy-CEO sold OTP Bank shares and two of its board members purchased OTP Bank shares on Friday, when the share price plunged 15% during the session.

BSE trade temporarily suspended on OTP Bank shares

12:04, Jun 7 | The Budapest Stock Exchange temporarily suspended trade on OTP Bank shares shortly following Monday's opening bell after their value had dropped more than the 10% maximum stipulated in BSE regulations.

BUX falls more than 3% as gov't stays on message about fiscal condition

17:25, Jun 4 | The Budapest Stock Exchange's main BUX index fell 3.34% to 21,288.93 on Friday as the government continued to send worrying messages about the country's fiscal state.

Broker companies doing well

09:24, Jun 4 | Despite the record-low turnover at the Budapest Stock Exchange, the independent broker companies marked significant increase last year with the total profit reaching HUF 6 billion, says business daily Napi Gazdaság.

PSzÁF fines Humet for failure to report

17:34, Jun 1 | Hungarian financial market regulator PSzÁF said it fined dietary supplement maker Humet HUF 3 million for failing to meets its reporting obligations.

Blue chip treasury share stock little changed in May

11:36, Jun 1 | The BSE blue chips' stock of treasury shares were practically unchanged at the end of May from the end of the previous month, fresh data published by the companies on the Budapest Stock Exchange website shows.
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MNB exchange rates
Date: September 2, 2010
1 AUD 201.53 HUF       100 JPY 263.86 HUF    
1 CAD 211.05 HUF       1 NOK 36.05 HUF    
1 CHF 219.36 HUF       1 PLN 71.73 HUF    
1 CZK 11.52 HUF       1 RON 66.73 HUF    
1 DKK 38.21 HUF       1 RUB 7.23 HUF    
1 EUR 284.49 HUF       1 SEK 30.56 HUF    
1 GBP 341.38 HUF       1 USD 221.88 HUF    
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Euro inches up while stocks remain flat after warning

15:22, May 31 | The euro steadied from recent falls and world stocks were becalmed with a Chinese warning about risks to global growth and a downgrade of Spain's credit heightening investor caution in holiday-thinned trade.

Court rejects Soros Fund appeal against PSzÁF resolution

14:44, Apr 23 | The Budapest municipal court of appeals has rejected an appeal by Soros Fund Management against a decision by Hungarian financial market regulator PSzÁF fining it HUF 489 million for exercising unfair market influence.