BET Plus index to be launched on BVB on June 23

Stock Exchange update: Goodbye BET-C, hello BET Plus!

Newsroom 13/06/2014 | 12:37

The composite index BET-C of the Bucharest Stock Exchange (BVB) will no longer be calculated and will cease to exist as of June 23, 2014, when a new index will be launched, BET Plus, according to the Indexes Committee’s decision on June 2, 2014.

BET-C is the composite index of the BVB market and reflects the trend of prices of companies listed on the regulated BVB market, Category I and II, except for the SIFs.

The initial composition of BET plus includes 37 companies. The new index structures will be announced at the end of Friday, June 13, and will be applied starting with the trading session on June 23rd.

The Bucharest Stock Exchange anticipates it will achieve a net profit 5 percent greater on the year, rising to RON 10 million. BVB also estimates that trading will go up 17 percent to RON 13,326 billion.