Its turnover increased by 11% to RON26.9 million (EUR6 million), due to higher trading value and higher revenue from tariffs imposed on issuers and participants, as well as from IT services, according to its preliminary financial report for 2014.
The bourse’s turnover is mainly generated by trading fees, tariffs from listing companies and instruments on different markets, as well as from selling stock market data.
The bourse’s costs saw a slower increase which triggered an operating profit of RON11.1 million (EUR2.5 million) last year, up 37% from 2013.
Operating costs rose nearly 3% to RON16.75 million (EUR3.8 million), while operating revenues advanced 14.2% to RON27.88 million (EUR6.28 million).
The value of stock trades on all markets managed by the Bucharest Stock Exchange grew by 14.1% to RON13.2 billion (EUR3 billion), while the regulated stock market rose 15.2%.
The Bucharest Stock Exchange posted a 36% lower net profit net on the year in the fourth quarter of 2014, to RON2.57 million (EUR580,000). Its turnover fell 25% to RON7.99 million (EUR1.8 million), from RON10.65 million in the fourth quarter in 2013.