BUX rally and Nasdaq record cap Monday

In brief

• The BUX rose 1.32% to 141,895.61.
• The STOXX Europe 600 gained 0.36%, while the CAC 40 fell 0.80%.
• The S&P 500 advanced 0.66%, the Nasdaq Composite 1.05% and the Dow 0.18%.

Budapest and Europe

At the regular 5 October close on the Budapest Stock Exchange, the BUX rose 1.32% to 141,895.61 on equity turnover of HUF 24.7 billion. OTP gained 1.12% to HUF 40,700, MOL 2.64% to HUF 4,980, Richter 0.57% to HUF 12,300 and Magyar Telekom 2.30% to HUF 2,578. The final closes were reported consistently by a market summary based on BSE data and an independent check.

In Europe, the DAX rose 0.09% to 25,254.21, the STOXX Europe 600 0.36% to 633.62 and the FTSE 100 0.34% to 10,497.94, while the CAC 40 fell 0.80% to 7,834.10. The Schneider Electric–PTC transaction was announced as French shares weakened. Chief executive Olivier Blum said “the acquisition of PTC represents an important step” towards industrial intelligence; the original company release says closing remains subject to shareholder and regulatory conditions.

Wall Street and the next marker

The S&P 500 gained 0.66% to 7,773.95, the Nasdaq Composite rose 1.05% to a record 27,477.31 and the Dow Jones Industrial Average advanced 0.18% to 51,267.90. The US closes can also be checked in the Associated Press market summary. For Hungarian retail investors, technology momentum, high US yields and the forint’s dollar exposure matter together; these figures are not personalised buy or sell advice.

Related background: French bond premium and the forint and the previous close review. The next verified company date is 16 October, when Schneider Electric will bring forward its third-quarter revenue release.