The Bucharest Exchange Trading Extended Index (BET-XT) is a stock market index consisting of the 30 most liquid stocks traded on the Bucharest Stock Exchange (BVB). The index serves as an extended version of the BET, providing broader exposure to the Romanian capital market by including a larger number of constituents and allowing for the inclusion of financial investment companies.
The BET-XT is designed to serve as an underlying asset for derivative instruments, including futures and options, as well as structured products like warrants, exchange-traded notes (ETNs) and swaps. It is calculated and disseminated in real-time by the Bucharest Stock Exchange in Romanian leu (RON), with end-of-day values also published in euro (EUR) and U.S. dollars (USD) to facilitate analysis and benchmarking for international investors.
History The BET-XT was officially launched on 1 July 2008. The index base value was set at 1,000 points, computed retroactively to 2 January 2007. Its creation was part of Bucharest Stock Exchange efforts to expand its index family and provide investors with a more comprehensive benchmark that included the financial investment companies, which were notably excluded from the flagship BET index.
Since its launch, the composition of the BET-XT has been reviewed quarterly (in March, June, September and December) by the BVB Index Committee to ensure it continues to represent the most liquid stocks on the exchange. The committee has made numerous changes over the years, including notable listings such as Romgaz and Nuclearelectrica in 2013, Digi Communications in 2017, and Hidroelectrica in 2023.
Composition the Bucharest Exchange Trading Extended Index consists of the following 30 companies, with a weighting as shown:
Company Symbol Sector (GICS) Market Cap Listed since Index weighting Banca Transilvania Financials 15 October 1997 15.80% OMV Petrom Energy 3 September 2001 14.12% Romgaz Energy 12 November 2013 11.65% Hidroelectrica Energy 12 July 2023 11.35% Transgaz Energy 24 January 2008 6.74% BRD – Groupe Société Générale Financials 15 January 2001 6.56% Digi Communications Communication Services 16 May 2017 4.47% Electrica Utilities 4 July 2014 3.67% MedLife Health Care 21 December 2016 3.50% Nuclearelectrica Utilities 4 November 2013 2.25% Evergent Investments Financials 4 November 2013 2.19% Transelectrica Energy 29 August 2006 1.93% Lion Capital Financials 1 November 1999 1.34% Premier Energy Utilities 28 May 2024 1.31% Infinity Capital Investments Financials 1 November 1999 1.25% Longshield Investment Group Financials 1 November 1999 1.17% Fondul Proprietatea Financials 25 January 2011 1.17% One United Properties Real Estate 12 July 2021 1.09% Transilvania Investments Alliance Financials 1 November 1999 1.06% Aquila Part Prod Com Consumer Staples 29 November 2021 0.74% Teraplast Industrials 2 July 2008 0.60% Transport Trade Services Industrials 14 June 2021 0.57% Antibiotice Health Care 16 April 1997 0.48% Sphera Franchise Group Consumer Discretionary 9 November 2017 0.48% Cris-Tim Consumer Staples 26 November 2025 0.47% Bucharest Stock Exchange Financials 08 June 2010 0.34% Arobs Transilvania Software Information Technology 6 December 2021 0.29% Conpet Energy 4 August 2004 0.28% Purcari Wineries Consumer Staples 15 February 2018 0.13% Impact Developer & Contractor Real Estate 7 June 1996 0.12%
See also BET BET-TR ROTX Economy of Romania Foreign trade of Romania List of companies of Romania List of stock exchanges List of stock market indices
References
External links Bucharest Stock Exchange BET-TR Manual on Bucharest Stock Exchange