Investing in Hungary ADRs / Hungarian Stocks List
Although there appears to be several Hungary ADRs trading on the OTC, some of these Hungarian ADRs are not actively traded or they are part of the grey market. In the past, Magyar Telekom Nyrt, Hungary’s largest telecommunications provider that’s now a subsidiary of Deutsche Telekom, was listed and traded on the New York Stock Exchange (NYSE) under a Sponsored Level III ADR Program between November 1997 and November 2010. Since then, its shares have traded on the OTC.
Investors interested in investing in Hungary ADRs should also check out our Eastern Europe ETF list and Eastern Europe closed-end fund list pages as some region wide ETFs or closed-end funds may have exposure to Hungary stocks.
Note: Stocks delisted from the OTC (whether due to mergers, acquisitions or for other reasons) have been left in the table (as their websites still provide a good feel for the company and the local market) and may still trade on local or other important European stock exchanges (e.g. London, Amsterdam etc). They may also be holdings of country or region specific ETFs or Indices.
List of Hungary ADRs Trading on Major US Stock Exchanges & the Over-the-Counter (OTC) Exchange
|2||Fotex Holding SE||FOTXY||OTCGrey||Diversified|
|4||MOL Magyar Olaj-ES Gazipari||MGYOY||OTCPink||Oil & Gas|
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Note: If there are any ADRs to add or remove from this list or there are bad links, please write a note in the comments section so it can be fixed. Likewise, adding any other comments or advice would also be appreciated.
The Budapest Stock Exchange (Budapesti Értéktőzsde)
The Budapest Stock Exchange (Budapesti Értéktőzsde) is one of the most important market by market capitalization and liquidity in Central and Eastern Europe. Its predecessor, the Hungarian Stock Exchange was founded in January 1864 in Pest and lasted until after World War II with the Communist takeover of the country.
Reestablished in June 1990, the Budapest Stock Exchange was a member of the CEE Stock Exchange Group (CEESEG), which also included three other Central European stock exchanges: The Vienna Stock Exchange (Wiener Börse), Prague Stock Exchange (PSE) and Ljubljana Stock Exchange (Ljubljanska borza). In 2015, the Hungarian National Bank concluded a sales contract with CEESEG AG and Österreichische Kontrollbank AG, the entities that to date held a 68.8% ownership in BSE.
Today, the Budapest Stock Exchange is the second largest stock exchange in Central and Eastern Europe by market capitalization and liquidity.
Here are some useful and mostly English news resources for investing in Hungary ADRs or stocks or about Hungary in general:
For additional resources for investing in Hungary ADRs or stocks, check out all of our Hungary tagged articles/links.