The Bucharest Stock Exchange (BVB) is set to launch a new index, the Bucharest Exchange Trading Energy Utilities and Financials (BET-EF), on July 29, 2024. This new index will focus on the most prominent sectors in the Romanian capital market, namely energy, utilities, and financials.\u00a0<\/p>\n
The BET-EF is a price index reflecting the performance of Romanian companies listed on the BVB’s regulated market, selected based on quantitative and qualitative criteria within these sectors.\u00a0<\/p>\n
BET-EF will be a free-float market capitalization-weighted index with a variable number of constituents.\u00a0<\/p>\n
The maximum weight of any single company in the index is capped at 20%. The companies included in the index are chosen based on liquidity and free-float market capitalization to ensure that only the most liquid and substantial companies from the three sectors are represented.\u00a0<\/p>\n
BET-EF will initially include 11 companies, three of which are from the financial sector \u2013 Banca Transilvania (TLV), BRD – Groupe Soci\u00e9t\u00e9 G\u00e9n\u00e9rale (BRD), and Bucharest Stock Exchange (BVB), while the rest are energy and utility companies – OMV Petrom (SNP), Hidroelectrica (H2O), Romgaz (SNG), Nuclearelectrica (SNN), Electrica (EL), Transgaz (TGN), Transelectrica (TEL), and Premier Energy (PE).\u00a0<\/p>\n
Except for Premier Energy, all of these companies are also part of BVB’s flagship index, BET.\u00a0<\/p>\n
The Bucharest Stock Exchange also has an index dedicated exclusively to the energy sector \u2013 BET-NG.\u00a0<\/p>\n
In the last 12 months, the BET index has gained 41% (not including dividends), while the BET-NG index has gained 32%.\u00a0<\/p>\n
The BET’s superior performance was largely supported by the shares of the two banks \u2013 BRD (+63% year-on-year) and TLV (+58% yoy).<\/p>\n
andrei@romania-insider.com<\/em><\/p>\n (Photo source: Inquam Photos\/George Calin)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The Bucharest Stock Exchange (BVB) is set to launch a new index, the Bucharest Exchange Trading Energy Utilities and Financials (BET-EF), on July 29, 2024. This new index will focus on the most prominent sectors in the Romanian capital market, namely energy, utilities, and financials.\u00a0 The BET-EF is a price index reflecting the performance of […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1017","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1017"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1017\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}