BET Total Return Index — Level, Chart & Constituents

What the BET Total Return measures

The BET Total Return (symbol BET-TR) is a total return index that tracks the performance of the 20 largest and most liquid companies listed on the Bucharest Stock Exchange (BVB). Unlike a price-only index, it assumes that dividends paid by its constituents are reinvested, which is why it is often used as the benchmark for the Romanian equity market. The index is denominated in RON and is part of the broader family of Romanian indices that includes the BET (Bucharest Exchange Trading), BET Extended (BET-XT), BET Plus, BET Financial Investment (BET-FI), and BET Energy & Utilities (BET-NG).

Key numbers explained

• 76,463.92 points is the current index level, a unitless figure that reflects the aggregate market value of the constituents adjusted for reinvested dividends.
• 20 companies make up the index, meaning it is a concentrated basket of large-cap Romanian equities.
• BANCA TRANSILVANIA S.A. is the largest constituent at 20.98% weight, followed by OMV PETROM S.A. at 16.25% and S.N.G.N. ROMGAZ S.A. at 13.33%.
• S.P.E.E.H. HIDROELECTRICA S.A. contributes 12.03% of the index weight, highlighting the significant role of the utilities sector.
• Today's price change of -1.42% shows the index's movement for the session, measured against the previous close.
• The day's trading range of 76,332.04 – 77,641.36 points indicates the lowest and highest levels reached during the session.

What to watch

The BET Total Return is sensitive to the performance of its largest holdings, particularly OMV Petrom S.A. (SNP), Banca Transilvania S.A. (TLV), S.N.G.N. Romgaz S.A. (SNG), S.N.T.G.N. Transgaz S.A. (TGN), Digi Communications N.V. (DIGI), BRD - Groupe Societe Generale S.A. (BRD), Societatea Energetica Electrica S.A. (EL), and Societatea DE Producere A Energiei Electrice IN Hidrocentrale Hidroelectrica S.A. (H2O). Movements in commodity prices, interest rates, and corporate earnings can drive the index up or down. Because the index is heavily weighted toward financials, energy, and utilities, sector-specific news in Romania tends to have an outsized impact.