{{Short description|Romanian stock market index}} {{Use dmy dates|date=April 2026}} {{Infobox financial index | name = Bucharest Exchange Trading Extended Index | logo = | image = BET-XT Historical Graph.svg | image_upright = | caption = Historical logarithmic graph of the BET-XT from 2011 to 2026 | foundation = {{Start date and age|2008|7|1|df=y}}<ref name="manual">{{cite web |title=Bucharest Exchange Trading Extended® Index |url=https://bvb.ro/info/indices/2025/BVB_EN_Manual%20BET-XT_31-08-2021.pdf |website=bvb.ro |access-date=18 April 2026}}</ref> | operator = Bucharest Stock Exchange | symbol = BET-XT | exchanges = | constituents = 30<ref name="bvb">{{cite web |title=Indices profiles |url=https://bvb.ro/FinancialInstruments/Indices/IndicesProfiles.aspx?i=BET-XT |website=bvb.ro |access-date=18 April 2026}}</ref> | cap_level = Large-cap | mcap = {{US$|29.10 billion|link=yes}}<ref name="bvb"/> | weighting = Free-float capitalization-weighted | related = {{unbulleted list|BET|BET-TR|ROTX}} | homepage = {{URL|https://bvb.ro/}} | 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).<ref>{{cite web |last1=Popescu |first1=Liviu |title=Bursa de Valori București extinde de la 25 la 30 numărul maxim de companii din indicii BET-XT, BET-XT-TR și BET-BK |url=https://www.zf.ro/burse-fonduri-mutuale/bursa-de-valori-bucuresti-extinde-de-la-25-la-30-numarul-maxim-de-20257379 |website=Ziarul Financiar |access-date=18 April 2026 |language=ro}}</ref> 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.<ref name="manual"/><ref>{{cite web |title=Ce este indicele BET-XT. Lista celor 30 de companii ce îl compun |url=https://cursdeguvernare.ro/ce-este-indicele-bet-xt-lista-celor-30-de-companii-ce-il-compun.html |website=CursDeGuvernare.ro |access-date=18 April 2026 |language=ro-RO |date=13 August 2023}}</ref>
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.<ref name="manual"/> 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.<ref name="manual"/>
== 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.<ref name="manual"/> 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.<ref name="manual"/>
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.<ref name="manual"/> 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.<ref name="manual"/><ref>{{cite web |title=Hidroelectrica, exemplu de succes după listarea la bursă. Gheorghiu: „Ne asigurăm că bunurile statului nu mai sunt prăduite de trimiși de partid” |url=https://adevarul.ro/politica/hidroelectrica-exemplu-de-succes-dupa-listarea-la-2523470.html |website=Adevărul |language=ro |date=17 April 2026}}</ref><ref>{{cite web |last1=Chirileasa |first1=Andrei |title=Bursa operează cea mai mare schimbare a indicelui BET. Se vor schimba și strategiile investitorilor? |url=https://www.zf.ro/burse-fonduri-mutuale/bursa-opereaza-cea-mai-mare-schimbare-a-indicelui-bet-se-vor-schimba-si-strategiile-investitorilor-11774767 |website=Ziarul Financiar |access-date=18 April 2026 |language=ro}}</ref>
== Composition == {{As of|2026|April|17|df=y|post=,}} the Bucharest Exchange Trading Extended Index consists of the following 30 companies, with a weighting as shown:<ref name="bvb"/>
{| class="wikitable sortable sticky-header" id="constituents" |- !scope="col"| Company !scope="col"| Symbol !scope="col"| Sector (GICS) !scope="col"| Market Cap !scope="col"| Listed since !scope="col"| Index weighting |- !scope="row"| Banca Transilvania | {{BVB|TLV}} | Financials | {{US$|9.6 billion|link=yes}} | 15 October 1997 | 15.80% |- !scope="row"| OMV Petrom | {{BVB|SNP}} | Energy | {{US$|14.55 billion|link=yes}} | 3 September 2001 | 14.12% |- !scope="row"| Romgaz | {{BVB|SNG}} | Energy | {{US$|11.09 billion|link=yes}} | 12 November 2013 | 11.65% |- !scope="row"| Hidroelectrica | {{BVB|H2O}} | Energy | {{US$|16.64 billion|link=yes}} | 12 July 2023 | 11.35% |- !scope="row"| Transgaz | {{BVB|TGN}} | Energy | {{US$|4.06 billion|link=yes}} | 24 January 2008 | 6.74% |- !scope="row"| BRD – Groupe Société Générale | {{BVB|BRD}} | Financials | {{US$|4.84 billion|link=yes}} | 15 January 2001 | 6.56% |- !scope="row"| Digi Communications | {{BVB|DIGI}} | Communication Services | {{US$|3.30 billion|link=yes}} | 16 May 2017 | 4.47% |- !scope="row"| Electrica | {{BVB|EL}} | Utilities | {{US$|2.36 billion|link=yes}} | 4 July 2014 | 3.67% |- !scope="row"| MedLife | {{BVB|M}} | Health Care | {{US$|1.53 billion|link=yes}} | 21 December 2016 | 3.50% |- !scope="row"| Nuclearelectrica | {{BVB|SNN}} | Utilities | {{US$|5.23 billion|link=yes}} | 4 November 2013 | 2.25% |- !scope="row"| Evergent Investments | {{BVB|EVER}} | Financials | {{US$|654.18 million|link=yes}} | 4 November 2013 | 2.19% |- !scope="row"| Transelectrica | {{BVB|TEL}} | Energy | {{US$|1.61 billion|link=yes}} | 29 August 2006 | 1.93% |- !scope="row"| Lion Capital | {{BVB|LION}} | Financials | {{US$|561.37 million|link=yes}} | 1 November 1999 | 1.34% |- !scope="row"| Premier Energy | {{BVB|PE}} | Utilities | {{US$|1.27 billion|link=yes}} | 28 May 2024 | 1.31% |- !scope="row"| Infinity Capital Investments | {{BVB|INFINITY}} | Financials | {{US$|380.96 million|link=yes}} | 1 November 1999 | 1.25% |- !scope="row"| Longshield Investment Group | {{BVB|LONG}} | Financials | {{US$|364.60 million|link=yes}} | 1 November 1999 | 1.17% |- !scope="row"| Fondul Proprietatea | {{BVB|FP}} | Financials | {{US$|740.2 million|link=yes}} | 25 January 2011 | 1.17% |- !scope="row"| One United Properties | {{BVB|ONE}} | Real Estate | {{US$|794.7 million|link=yes}} | 12 July 2021 | 1.09% |- !scope="row"| Transilvania Investments Alliance | {{BVB|TRANSI}} | Financials | {{US$|309.36 million|link=yes}} | 1 November 1999 | 1.06% |- !scope="row"| Aquila Part Prod Com | {{BVB|AQ}} | Consumer Staples | {{US$|431.7 million|link=yes}} | 29 November 2021 | 0.74% |- !scope="row"| Teraplast | {{BVB|TRP}} | Industrials | {{US$|348.6 million|link=yes}} | 2 July 2008 | 0.60% |- !scope="row"| Transport Trade Services | {{BVB|TTS}} | Industrials | {{US$|348.6 million|link=yes}} | 14 June 2021 | 0.57% |- !scope="row"| Antibiotice | {{BVB|ATB}} | Health Care | {{US$|282.6 million|link=yes}} | 16 April 1997 | 0.48% |- !scope="row"| Sphera Franchise Group | {{BVB|SFG}} | Consumer Discretionary | {{US$|351.6 million|link=yes}} | 9 November 2017 | 0.48% |- !scope="row"| Cris-Tim | {{BVB|CFH}} | Consumer Staples | {{US$|459.6 million|link=yes}} | 26 November 2025 | 0.47% |- !scope="row"| Bucharest Stock Exchange | {{BVB|BVB}} | Financials | {{US$|106.35 million|link=yes}} | 08 June 2010 | 0.34% |- !scope="row"| Arobs Transilvania Software | {{BVB|AROBS}} | Information Technology | {{US$|168.05 million|link=yes}} | 6 December 2021 | 0.29% |- !scope="row"| Conpet | {{BVB|COTE}} | Energy | {{US$|163.94 million|link=yes}} | 4 August 2004 | 0.28% |- !scope="row"| Purcari Wineries | {{BVB|WINE}} | Consumer Staples | {{US$|182.42 million|link=yes}} | 15 February 2018 | 0.13% |- !scope="row"| Impact Developer & Contractor | {{BVB|IMP}} | Real Estate | {{US$|118.24 million|link=yes}} | 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== {{Reflist}}
==External links== * [http://www.bvb.ro Bucharest Stock Exchange] * [https://bvb.ro/info/indices/2025/BVB-EN_Manual%20BET-TR_V_01_2022.pdf BET-TR Manual on Bucharest Stock Exchange]
Category:European stock market indices Category:Economy of Romania