The Stock Exchange closed the first quarter with a net profit worth over 5 million RON (1.4 million euros), falling below the level budgeted for this year. However, this figure was close to the profit reported over the whole of last year, according to sources from the market. The Stock Exchange had set out to make a net profit worth 26 million RON (7.4 million euros) this year, almost a five-fold increase against income of 5.39 million RON (1.49 million euros) registered in 2005. On Wednesday, the management of the Stock Exchange did not wish to make any comments on the results in the first three months of the year. When devising the budget for 2006, the most important target was to achieve transactions standing at a daily average of 14 million euros, almost the same as the value of transactions seen in the January-March period.
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