ROTX
Romanian stock market index
From Wikipedia, the free encyclopedia
The Romanian Traded Index (ROTX) is a stock market index that tracks the performance of the most liquid and actively traded stocks listed on the Bucharest Stock Exchange (BVB).[1] The index was developed by the Bucharest Stock Exchange in collaboration with the Wiener Börse and is calculated and disseminated in real time by the latter in euro (EUR), U.S. dollars (USD) and Romanian leu (RON).[1]
Historical logarithmic graph of the ROTX from 2005 to 2026 | |
| Foundation | 15 March 2005[1] |
|---|---|
| Operator | |
| Trading symbol | RTL[a] |
| Constituents | 14[2] |
| Type | Large-cap |
| Market cap | US$26.7 billion[3] (as of 16 April 2026) |
| Weighting method | Free-float capitalization-weighted |
| Related indices | |
| Website | www |
| ISIN | AT0000600465[b] |
| Reuters | .ROTX[c] |
| Bloomberg | ROTXL[d] |
Unlike the BET index, which is the local benchmark index of the Romanian market, ROTX is designed as a tradable index and can be used as an underlying asset for derivative instruments, including futures and options, as well as structured products like warrants and certificates on international markets.[1]
The ROTX also serves as a primary gateway for foreign investors seeking exposure to the Romanian economy.[1] Because it is disseminated by the Wiener Börse in major global currencies, such as euro and U.S. dollars, it reduces foreign exchange risks for institutional investors. Furthermore, several investment funds, such as the BT Index Romania ROTX, allow investors to gain diversified exposure to the blue chips of the Romanian capital market.[4]
History
The index was officially launched on 15 March 2005, with a base value of 1,000 points.[1] The partnership between the Bucharest Stock Exchange (BVB) and Wiener Börse was established to increase the visibility of the Romanian capital market among foreign institutional investors, using the technical infrastructure and calculation standards of the CECE Family Index managed by the Wiener Börse.[1][5]
Over the past decade, ROTX has reflected the maturation of capital markets in Romania, benefiting from major listings such as Digi Communications (2017) and Hidroelectrica (2023).[6][7]
Methodology
ROTX is a price index, which means that it does not include dividends paid by its constituent companies in the calculation of its value (unlike the Total Return variant).[1] Index constituents are selected based on market liquidity and market capitalization, with weights determined by free float and are intended to be capped at 20% per company to ensure diversification and compliance with UCITS standards.[1] The index composition is reviewed semi-annually, in March and September, by the CEE & CIS Index Committee.[8] The calculation parameters, including the free-float and representation factors, are updated quarterly.[1]
Composition
As of 17 April 2026,[update] the Romanian Traded Index consists of the following 14 companies:[2]
| Company | Symbol | Sector (GICS) | Market Cap | Listed since |
|---|---|---|---|---|
| Banca Transilvania | BVB: TLV | Financials | US$9.6 billion | 15 October 1997 |
| OMV Petrom | BVB: SNP | Energy | US$14.55 billion | 03 September 2001 |
| Hidroelectrica | BVB: H2O | Utilities | US$16.64 billion | 12 July 2023 |
| Romgaz | BVB: SNG | Energy | US$11.09 billion | 12 November 2013 |
| Transgaz | BVB: TGN | Energy | US$4.06 billion | 24 January 2008 |
| BRD – Groupe Société Générale | BVB: BRD | Financials | US$4.84 billion | 15 January 2001 |
| Digi Communications | BVB: DIGI | Communication Services | US$3.30 billion | 16 May 2017 |
| Electrica | BVB: EL | Utilities | US$2.36 billion | 04 July 2014 |
| MedLife | BVB: M | Health Care | US$1.53 billion | 21 December 2016 |
| Nuclearelectrica | BVB: SNN | Utilities | US$5.23 billion | 04 November 2013 |
| Transelectrica | BVB: TEL | Utilities | US$1.61 billion | 29 August 2006 |
| Premier Energy | BVB: PE | Utilities | US$1.27 billion | 28 May 2024 |
| Fondul Proprietatea | BVB: FP | Financials | US$740.2 million | 25 January 2011 |
| One United Properties | BVB: ONE | Real Estate | US$794.7 million | 12 July 2021 |