BUMIX explained

BUMIX
Foundation:January 5, 2004
Operator:Budapest Stock Exchange
Exchanges:Budapest Stock Exchange
Constituents:12 to 25
Cap Level:Mid- and SmallCap
Weighting:Free-float capitalization-weighted
Related:BUX
CETOP20
Homepage:BUMIX homepage

The BUMIX is a stock market index composed of 12 to 25 small and medium-sized companies listed on Budapest Stock Exchange.[1]

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.

See also

External links

Notes and References

  1. Web site: BUMIX Index . . Markets Insider . 13 June 2020 .