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Bucharest Stock Exchange pushes to new high even as European markets decline

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The Bucharest Stock Exchange’s blue-chip index BET broke the threshold of 12,000 points on Monday and reached a new all-time high, according to Romania-Insider.

It is the first time since the index’s launch in 1997 that this level was reached.

The BET ended the day just 32 points below 12,000 and a 0.78% increase over the previous session.

The BET’s performance on Monday came even as the bigger European markets were in the red due to concerns related to new travel restrictions that may be enforced in the EU to limit the spread of the Delta variant of the COVID-19 virus.