K&H: 100-year average result was surpassed: nice gains in the market

At the beginning of August, uncertainty prevailed on the international and Hungarian stage, as a result of which there was a decline in the money and capital markets. However, the first eight months of the year turned out favorably as a whole – according to K&H’s summary, which examined the partial results of the key stock markets in terms of the development of savings.

One hundred years versus eight months

“If we look at the stock market results achieved in the first eight months of the year in HUF, it can be seen that Hungarian investors were able to achieve a 20 percent return thanks to the rise of one of the most important American stock indexes, the S&P 500, and this represents an exceptionally high return over such a period of time,” he explained in detail. Norbert Cinkotai, senior analyst at K&H Securities. This result is also exceptional because since 1927 – i.e. in the past nearly one hundred years – the S&P has been able to achieve an average annual gain of 8 percent, naturally with smaller and larger rises and falls. “This year’s good performance is not a guarantee that the index and other stock market indices will continue to soar in the coming months: since it is a stock market, the decline is also in the cards. These investments are risky, but in return they promise high returns if the international investment mood is favorable”

– added the specialist.