Over $7,3 billion was traded on the Panamanian stock market over the past year, 40% more than the $5.246 billion traded in 2015.
In 2016 negotiations on the primary market went up by 15.7% compared to the previous year, settling at $3.934 billion, above the $3.401 million in 2015.Transactions in the secondary market grew by 44%, going from $1.51248 billion to $2.18289 billion.
Last year the amount of transactions recorded was $997 million, with highlights including 32% growth in trading in the primary market.
The good performance of the Nicaraguan economy has been accompanied by a sharp rise in the stock market, where a significant dynamism was seen, mainly in the primary market where securities have been traded for the first time.
Low interest rates, uncertainty and a declining share of securities issued by the government explain the 15% drop in the number of trades in 2014 compared to 2013.
A few days after the end of the trading year, the stock market is preparing to close 2014 with numbers lower than 2013, following the downward trend in the number of transactions seen since 2009.
The amount of trade between January and June this year represents 53% of total traded in the market during 2013.
In the month of June 2014 alone transactions in the securities market of Panama totaled $469.7 million, with the primary market, where new issues are made, being the most important, with 53% of the total traded.
"... In the first six months of the year the total cumulative volume of the market represents 53% of the proceeds from all of 2013. Whilst January to June $2,671.8 million was accumulated, from January to December 2013 the figure was $5,018.8 million. "