BET-XT
 Historical logarithmic graph of the BET-XT from 2011 to 2026 | |
| Foundation | 1 July 2008 |
|---|---|
| Operator | Bucharest Stock Exchange |
| Trading symbol | BET-XT |
| Constituents | 30 |
| Type | Large-cap |
| Market cap | US$29.10 billion |
| 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). 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
As of 17 April 2026,[update] 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 | 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
References
- 1 2 3 4 5 6 7 8 "Bucharest Exchange Trading Extended® Index" (PDF). bvb.ro. Retrieved 18 April 2026.
- 1 2 3 "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.