Less Trading on the Panamanian Stock Exchange

The volume traded on the stock market in 2017 amounted to $5.323 billion, 28% less than the amount traded during the previous year.

Monday, February 5, 2018

Despite the decrease registered, authorities and participants of the stock market see the performance in 2017 as positive, and attribute the decline to the fact that in 2016 there were extraordinary movements, caused by the participation of the government and some private sector companies.

Prensa.com reports that "...For example, in a single issue in 2016 Tocumen airport issued $625 million, an operation that was not repeated in 2017. In addition, according to Olga Cantillo, manager of the BVP, in 2016 there were operations of liabilities in the local stock exchange by the Government that did not occur last year."

"... The operations linked to the Government, both in the primary and secondary markets, went from $2.517 billion in 2016, to $1.444 billion in 2017. José Rivera, coordinator of Corporate Relations at the BVP, said that the negotiation in 2017 was superior to other exercises with similar conditions, such as 2015, 2014 or 2013."

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