As of 11 AM, the benchmark BET index, representing the performance of the 20 most liquid companies, experienced a significant fall of 3.12%.
The BET-BK index, focusing on bank stocks, currently stands at 3,007.41. It experienced an absolute decrease of 107.68 points, resulting in a percentage decline of 3.46%.
The BET-FI index, which tracks the performance of financial investment companies (SIFs), currently has a value of 58,460.90. It experienced an absolute decrease of 1,018.13 points, which equates to a percentage decline of 1.71%.
The BET-NG, focusing on energy and utility stocks, stands at 1,192.88. It saw an absolute decrease of 30.88 points, resulting in a percentage decline of 2.52%.
Meanwhile, the BetAeRO index, comprising small and medium-sized firms, experienced an absolute decrease of 21.49 points to 803.94, resulting in a percentage decline of 2.60%.
The market capitalization of the BVB fell last week by RON 28 billion (€5.6 billion) to a new year-to-date low of RON 345 billion (€69.3 billion), following the rollout of trade tariffs by the US, according to Agerpres.
Capital markets in Europe, the US, and Asia fell significantly following the tariff hikes announced by US President Donald Trump on April 2.
