broad-based index has been launched by the Bucharest Stock Exchange
on April 14, 1998, to reflect price movements of all stocks listed on
the exchange. The principles of this index are very similar to the BET
index, with the exception that there are no restrictions for the selection
of a stock and that the index base is carried out on a daily basis whenever
On June 1, 1998,
BET-C comprised 101 companies, of which 16 were listed on the first
tier and all others on the second tier of the Bucharest Stock Exchange.