BET-XT
Historical logarithmic graph of the BET-XT from 2011 to 2026 | |
| Foundation | 1 July 2008[1] |
|---|---|
| Operator | Bucharest Stock Exchange |
| Trading symbol | BET-XT |
| Constituents | 30[2] |
| Type | Large-cap |
| Market cap | US$29.10 billion[2] |
| Weighting method | Free-float capitalization-weighted |
| Related indices | |
| Website | bvb |
| ISIN | ROXBSEI00039 |
| Reuters | .BETIXT |
| Bloomberg | BETXT |
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).[3] 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.[1][4]
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.[1] 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.[1]
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.[1] Its creation was part of Bucharest Stock Exchange effort 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.[1]
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.[1] 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.[1][5][6]
Composition
As of 17 April 2026, the Bucharest Exchange Trading Extended Index consists of the following 30 companies, with a weighting as shown:[2]
| Company | Symbol | Sector (GICS) | Market Cap | Listed since | Index weighting |
|---|---|---|---|---|---|
| Banca Transilvania | BVB: TLV | Financials | US$9.6 billion | 15 October 1997 | 15.80% |
| OMV Petrom | BVB: SNP | Energy | US$14.55 billion | 3 September 2001 | 14.12% |
| Romgaz | BVB: SNG | Energy | US$11.09 billion | 12 November 2013 | 11.65% |
| Hidroelectrica | BVB: H2O | Energy | US$16.64 billion | 12 July 2023 | 11.35% |
| Transgaz | BVB: TGN | Energy | US$4.06 billion | 24 January 2008 | 6.74% |
| BRD – Groupe Société Générale | BVB: BRD | Financials | US$4.84 billion | 15 January 2001 | 6.56% |
| Digi Communications | BVB: DIGI | Communication Services | US$3.30 billion | 16 May 2017 | 4.47% |
| Electrica | BVB: EL | Utilities | US$2.36 billion | 4 July 2014 | 3.67% |
| MedLife | BVB: M | Health Care | US$1.53 billion | 21 December 2016 | 3.50% |
| Nuclearelectrica | BVB: SNN | Utilities | US$5.23 billion | 4 November 2013 | 2.25% |
| Evergent Investments | BVB: EVER | Financials | US$654.18 million | 4 November 2013 | 2.19% |
| Transelectrica | BVB: TEL | Energy | US$1.61 billion | 29 August 2006 | 1.93% |
| Lion Capital | BVB: LION | Financials | US$561.37 million | 1 November 1999 | 1.34% |
| Premier Energy | BVB: PE | Utilities | US$1.27 billion | 28 May 2024 | 1.31% |
| Infinity Capital Investments | BVB: INFINITY | Financials | US$380.96 million | 1 November 1999 | 1.25% |
| Longshield Investment Group | BVB: LONG | Financials | US$364.60 million | 1 November 1999 | 1.17% |
| Fondul Proprietatea | BVB: FP | Financials | US$740.2 million | 25 January 2011 | 1.17% |
| One United Properties | BVB: ONE | Real Estate | US$794.7 million | 12 July 2021 | 1.09% |
| Transilvania Investments Alliance | BVB: TRANSI | Financials | US$309.36 million | 1 November 1999 | 1.06% |
| Aquila Part Prod Com | BVB: AQ | Consumer Staples | US$431.7 million | 29 November 2021 | 0.74% |
| Teraplast | BVB: TRP | Industrials | US$348.6 million | 2 July 2008 | 0.60% |
| Transport Trade Services | BVB: TTS | Industrials | US$348.6 million | 14 June 2021 | 0.57% |
| Antibiotice | BVB: ATB | Health Care | US$282.6 million | 16 April 1997 | 0.48% |
| Sphera Franchise Group | BVB: SFG | Consumer Discretionary | US$351.6 million | 9 November 2017 | 0.48% |
| Cris-Tim | BVB: CFH | Consumer Staples | US$459.6 million | 26 November 2025 | 0.47% |
| Bucharest Stock Exchange | BVB: BVB | Financials | US$106.35 million | 08 June 2010 | 0.34% |
| Arobs Transilvania Software | BVB: AROBS | Information Technology | US$168.05 million | 6 December 2021 | 0.29% |
| Conpet | BVB: COTE | Energy | US$163.94 million | 4 August 2004 | 0.28% |
| Purcari Wineries | BVB: WINE | Consumer Staples | US$182.42 million | 15 February 2018 | 0.13% |
| Impact Developer & Contractor | BVB: IMP | Real Estate | US$118.24 million | 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
- ^ a b c d e f g h "Bucharest Exchange Trading Extended® Index" (PDF). bvb.ro. Retrieved 18 April 2026.
- ^ a b c "Indices profiles". bvb.ro. Retrieved 18 April 2026.
- ^ Popescu, Liviu. "Bursa de Valori București extinde de la 25 la 30 numărul maxim de companii din indicii BET-XT, BET-XT-TR și BET-BK". Ziarul Financiar (in Romanian). Retrieved 18 April 2026.
- ^ "Ce este indicele BET-XT. Lista celor 30 de companii ce îl compun". CursDeGuvernare.ro (in Romanian). 13 August 2023. Retrieved 18 April 2026.
- ^ "Hidroelectrica, exemplu de succes după listarea la bursă. Gheorghiu: „Ne asigurăm că bunurile statului nu mai sunt prăduite de trimiși de partid"". Adevărul (in Romanian). 17 April 2026.
- ^ Chirileasa, Andrei. "Bursa operează cea mai mare schimbare a indicelui BET. Se vor schimba și strategiile investitorilor?". Ziarul Financiar (in Romanian). Retrieved 18 April 2026.