June 1 (SeeNews) - The Bulgarian Stock Exchange [BUL:BSO], which operates the country's sole functioning stock exchange, said that its non-consolidated net loss doubled to 223,000 levs ($127,000/114,000 euro) in the first quarter of 2020 from 108,000 levs in the same period of 2019.
The bourse operator's revenue edged down to 449,000 levs in the January-March period of 2020 from 470,000 levs in the comparable period of last year, it said in an interim financial statement on Friday.
Turnover on the stock exchange's regulated market fell by an annual 9.6% to 88.4 million levs in the first three months of the year. However, the number of deals doubled to 21,480.
The BSE's operating expenses grew to 672,000 levs in the review period from 578,000 levs the year before due to higher expenses for salaries and hired services.
The stock exchange's market capitalisation decreased by an annual 5.98% 26.2 billion levs at the end of March.
(1 euro = 1.95583 levs)