The Bucharest Stock Exchange (BVB) stocks opened higher on Thursday on trades of RON 13.343 million (EUR 2.68 million) 15 minutes into the trading session.
The main BET index reflecting the developments in the 20 most liquid stocks rose by 4.20%, and the BET-Plus index reflecting the developments in the 43 most liquid BVB stocks advanced 4.12%.
The extended blue-chip BET-XT index of the 25 most liquid stocks was up 3.93%, and the BET-BK index, the Bucharest exchange trading benchmark index, was up 4.60%.
The BET-FI index of financial brokerage stocks increased by 1.71%, while BET-NG, the index of 10 energy and utilities stocks, increased by 4.05%.
According to BVB, the top three risers were ETF Energie Patria-Tradeville open-ended investment fund (+8.12%), Societatea Energetica Electrica (+5.93%) and Turbomecanica (+5.72%).
On the other hand, the top three fallers were COMCM Constanta (-14.89%), Prebet (-0.48%) and Lion Capital (-0.40%).
Stock markets around the world have reacted positively to U.S. President Donald Trump's announcement that he was suspending for 90 days, some tariffs levied on other countries, except China, to give U.S. officials the necessary time to negotiate with the countries involved.
Elsewhere in Europe, the stock exchanges started the trading session on significant increases, recovering part of the losses of the previous day. Thus, the CAC-40 index of the Paris Stock Exchange rose by 6.28% at the opening, recovering the 3.34 percent lost on Wednesday, and stood at 7,294.01 points, according to the EFE news agency.
The London Stock Exchange started the session on a strong upward trend, advancing by 5.88%. The main index, the FTSE-100, was at 8,130.66 points (up 5.88%) at the opening, but since Trump announced the tariffs, it has lost 7.34%.
The DAX 40 index of the Frankfurt Stock Exchange rose 8.2% to 289 points at the opening.
The Milan Stock Exchange also started Thursday's session in the green, with the FTSE MIB index up 8.14% a few minutes into the trading session.
The main index of the Spanish Stock Exchange, IBEX 35, rose by 7.13%.