The Budapest Stock Exchange (BSE) posted an after-tax profit of HUF 1,310 million in January-June for 2005, more than the HUF 1,229 million target.
The management of the BSE expected HUF 8 billion average turnover a day for the first half, but in fact it had HUF 17.4 billion. According to an earlier statement, every HUF 1 billion extra turnover brings HUF 70 million additional profit for the bourse.
In 2004 the BSE had HUF 1,038 million net profit and average daily trading volume of HUF 10.7 billion in January-June.