Business Forum • 10 April, 2025 at 10:04 AM
The Bucharest Stock Exchange (BVB) indices were showing a significant upward trend in the first few hours of trading on Thursday compared to the previous day's close, following news that the US administration would pause tariffs for most countries for 90 days.
US President Donald Trump announced on Wednesday a complete three-month pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
The benchmark BET index saw a substantial increase of 3.73% to 17,162 points, mirrored by its total return variants (BET-TR and BET-TRN).
The BET-BK (Banking Index) recorded a strong performance with a gain of over 4% to 3,188 points. The BET-FI (Financial Investment Companies) was also in positive territory.
The BET-NG (Energy and Utilities) index showed a solid recovery of 3.58% to 1,242 points, while the BETAeRO index, representing the alternative trading system, also contributed to the overall positive trend.