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BUMIX

Stock market index

Stock market index

FieldValue
nameBUMIX
foundationJanuary 5, 2004
operatorBudapest Stock Exchange
exchangesBudapest Stock Exchange
constituents12 to 25
cap_levelMid- and SmallCap
weightingFree-float capitalization-weighted
relatedBUX
CETOP20
homepageBUMIX homepage

CETOP20

The BUMIX is a stock market index composed of 12 to 25 small and medium-sized companies listed on Budapest Stock Exchange.

BUMIX operates (similarly to BUX), as a total return index, i.e., the dividend payout also plays a role in its performance evaluation. Only those series of shares can be admitted to the BUMIX basket where the market capitalisation adjusted for free float does not exceed HUF 125 billion. The calculation method, the review, and the handling of corporate actions is the same as the process applied in the case of the BUX index.

The index is based on prices generated in the electronic trading system Xetra.

References

References

  1. "BUMIX Index". [[Business Insider]].
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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