A New Index and New Metodologies for BVB Indeces

UniCredit Bank S.A.
Summary: 
The Bucharest Stock Exchange will launch a new index, BET Plus, on 23 June 2014.
Fri, 30/05/2014

Dear Client,

In March 2014, the Board of Governors of the Bucharest Stock Exchange (BVB) and the BVB’s Index Committee approved the launching of a new index, BET Plus.

On 27 May 2014, BVB announced the new methodologies for BVB Indices, which will become effective as of 23 June 2014.

According to BVB, the aim of BET Plus is to track the performance of blue chips (which are included in BET) and of the stocks ranking below BET constituents in terms of liquidity. In order to make it more investable, two minimum criteria are considered, namely a minimum value of free float (EUR 1 mil., a free float factor will be considered for calculation) and a minimum level of liquidity (liquidity coefficient of min. 0.0002). The BET Plus index includes the Romanian companies listed on the BVB’s regulated market, with the exception of financial investment companies. BET Plus index is a free float market capitalization weighted index.

BET Plus index start value is 1,000 points on 23 June 2014.

Impact on investors: BVB will launch a new index: BET Plus.