Bucharest Stock Exchange flagship index gains 8.8% in 2024
The BET index, which follows the price movements of the most traded 20 companies listed on the Bucharest Stock Exchange (BVB), closed 2024 up 8.78% compared with the end of 2023. The BET closed at its highest end-of-year value since launch…
Andrei Chirileasa · Journalist
· Updated · 2 min read
The BET index, which follows the price movements of the most traded 20 companies listed on the Bucharest Stock Exchange (BVB), closed 2024 up 8.78% compared with the end of 2023. The BET closed at its highest end-of-year value since launch (16,720 points) but 11% below its all-time high of 18,800 points touched at the end of July.
On the last day of trading (December 30), the index lost 1.2% after the Government adopted an emergency ordinance that sets new taxes for some of the biggest listed companies, especially those in the energy sector. The ordinance also increases the dividend tax in Romania from 8% to 10%, among others.
