The Board of the Bucharest Stock Exchange (BVB) has approved changes to the textbooks of stock market indices. The number of companies and their inclusion, which will be made only after introducing the companies on the Watchlist (list of eligible companies), will be decided within every meeting.
„Moreover, it will be introduced a Watchlist which will include the companies monitored for inclusion in BET and BET-TR indices. The structure of the list will be decided within periodical meetings in March and September,” according to BVB.
Companies will be kept on the list for at least six months, until being included in the two indices. The first Watchlist will be made public as soon as possible and will remain in force until the Index Committee meeting of March 2017.
The BET index tracks the ten most liquid companies listed on the stock market. The index includes the following companies: Fondul Proprietatea, Petrom, Transgaz, Transelectrica, Romgaz, Nuclearelectrica, Electrica, Banca Transilvania, BRD SocGen and the Bucharest Stock Exchange.
BVB introduced the BET-TR index in September 2014, which includes the approved dividends of companies included in the index.