Romanian developer One United Properties has been added to the Bucharest Exchange Trading (BET) index, which tracks the most liquid companies listed on the Bucharest Stock Exchange (BVB).
The weight of One United Properties shares in the BET index comprised of 19 blue chip companies is currently at 1.68%.
Victor Căpitanu, Co-founder of One United Properties, says the next target is to include the developer’s shares in the FTSE Russell index.
“We want to contribute to developing the local capital market by increasing the participation and visibility of the Romanian entrepreneurial companies in the global emerging market indices,” said Căpitanu in a statement.
The company is also part of the BET-TR, the total return index that follows the BET structure, but it additionally reflects the dividends paid by constituent companies. Its shares are also part of BET-XT, BET-XT-TR and BET Plus indices.
One United Properties shares were down 1.22% to 1.94 lei on Monday afternoon trading on the BVB.
