The Bucharest Exchange Trading index (BET or BET-20) was the first index developed by Bucharest Stock Exchange. It is the reference index for the capital markets. BET follows the evolution of 20 most liquid companies listed on BVB regulated market, excluding financial investment companies (SIFs). It is an index weighted by free float capitalization. The maximum weight of the symbol is 20%. The main selection criterion is companyâÂÂs liquidity. Starting with 2015, additional requirements of transparency, quality reporting and communication with investors are also used for screening.
As of July, 2022, the index composition was:
Passive exposure to the index for international investors is available through an exchange-traded fund - Expat Romania BET UCITS ETF - traded in Frankfurt on Xetra iin euro (ticker ROX, ISIN BGROBET05176). The fund acts as a conduit for capital flows between the international financial markets and the Romanian capital market. A locally listed ETF is also available - ETF BET Patria-Tradeville - traded in Bucharest in Romanian lei.