The benchmark BET index, which tracks the 15 most liquid companies, started the day at 16,250.36 points and quickly climbed to 16,760.73 points by late morning, marking a significant intraday increase of 3.14%.
Other key indices also reflected this upward trend. The BET-TR index, which includes dividends, showed a similar gain of 3.15%. The broader BET-XT index, comprising the top 25 liquid companies, rose by 2.93%, while the financial sector index, BET-FI, saw a substantial increase of 2.22%.
The energy index, BET-NG, also opened in positive territory, with a gain of 2.91%. This broad-based positive movement indicates a strong start to the trading day across various sectors of the Romanian stock market.
The stock exchange opened in the green hours after Nicușor Dan was elected Romania's President.