72.9% Drop in Panamanian Stock Market Transactions
This was, according to the Comptroller General of the Republic, during the first two months of 2009 in relation to the same period in 2008.
Friday, April 24, 2009
The Comptroller’s report also noted a decrease of 18.3% in the stock index.
The total trading at the Panama Stock Exchange (BVP) at the end of 2008 was $1.93 billion, or 15.4% less than 2007.
The total amount traded on the Panamanian Stock Exchange (BVP in Spanish) at the end of 2011 was $3.365 million, 27.5% more than in 2010.
Between January and February 2010 the Exchange traded $293 Million, 70% more than the same period of 2009.
The dream of integrating the Latin American stock exchanges grows even stronger, in an attempt to strengthen the markets in these countries.
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