Bucharest Stock Exchange Profit Exceeds that of the Czech and Sofia Bourses
The Bucharest Stock Exchange (BVB) posted net profit in 2007 higher than that of the Prague and Sofia Stock Exchanges, worth €8.68 million, while that of the Prague Stock Exchange amounted to €7.54 mln, BusinessStandard. Ro reported.
Romanian brokers expressed their dissatisfaction regarding the high profits posted by BVB, which are a sign of high fees and reduced investments. BVB shareholders recently approved a 10 percent fee reduction.
The Warsaw Stock Exchange posted the largest profit in the region, worth €35.85 mln, while Vienna’s Stock Exchange has not yet posted last year’s profit.