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."

More on this topic

The Rise of the Nicaraguan Stock Market

March 2018

In 2017, $2.494 billion was traded on the stock market, 34% more than the sum total of operations last year.

The Central Bank of Nicaragua reported that last year they observed in the stock market " ... the predominance of the national currency, representing almost 88% of total trades in different markets."

Nicaragua: Stock Exchange Transactions Up 30% in 2016

January 2017

Trading volume last year reached $1.526 billion, 30% more than what was traded in 2015.

The repo market accounted for most of the volume traded in the stock market in 2016, with an increase over 2015 of 33%. The volume traded in these instruments was 382 million, while in 2015  $289 million was traded.

Panama: Record Figures for Stock Market

November 2016

Issuances registered between January and September 2016 exceed 60% of the total issuances registered throughout 2015, and projections are that the year will close with $7 billion traded in the local market.

The scandal generated from the leaked information about the firm Mossack Fonseca, "Panama Papers", and the questions about the lack of financial transparency that arose afterwards, do not seem to have affected the attractiveness of the stock market for providing finance to companies through the issuance of securities.

Panama Stock Exchange Up 4.7% in 2014

January 2015

In the primary market the amount of transactions recorded was $3.389 billion, 2% less than in 2013, while in the secondary market negotiations increased by 22%.

From the Annual Summary by the Panama Stock Exchange (BVP):

2014 was a year of significant achievement for the Panama Stock Exchange, annual trading volume increased by 4.7% compared to 2013, with total trading of $5.2 billion.

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