The exchange operator posted a loss of 259,000 lei (EUR59,560) in January through September, versus net profit of RON208,000 in the corresponding period of 2010.

Revenues fell 26% to RON1.7 million, while costs slid 5% on the year to RON2 million.

SIBEX reported a turnover of RON1.3 million in the first nine months, down 19% from the year-earlier period.

Founded in 1994, SIBEX provides the market participants with the option to invest in a wide range of products, including derivatives, shares and bonds, rights, fund units, etc. (EUR1=RON4.3487)

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