Primary capital market operations registered $1.086 billion in the first quarter of 2012, while the secondary recorded $121.023 million in the same period.
There is now a high level of market liquidity, denoted by its trading volume during the first quarter of 2012: $ 1.227 billion, reports martesfinanciero.com. The public sector is predominant as the largest emitter.
"The public sector represents 39% of the movements. In other years the maximum performance was 20%," said Roberto Brenes, director of the BVP.
The increased presence of the official sector in the stock market is due to an issuance by the Republic of Panama, this is a trend that follows a program of internal public State debt through the Government.
"This country will never get an investment grade rating of A if it does not develop a capital market. Part of it is achieved by providing it with liquidity and, above all, creating a culture of investment", said Jose Abbo, vice president of finance at SFC stock exchange.
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The cumulative transactions in Panamanian brokerage houses in the first 8 months of 2012 totalled $65.08 billion.
Capital.com reported: "According to the latest statistics published by the Panama Securities Superintendency (SMV), by August 2012, Interbolsa had the most transactions with a total of $18.346 billion, followed by SFC Investment with $2.369 billion, the National Bank of Panama with $1.337 billion and MMG Bank Corporation with $1.33 billion."
As the economy grows significantly, reduced government involvement in 2013 led to a meager 1% growth in transactions on the Stock Exchange.
During 2013, transactions in the securities market of Nicaragua grew by just 1%, going from $888.5 million in 2012 to $893.2 million in 2013. The almost zero growth is due to low participation of the government and lack of promotion of its emissions, among other factors.
During 2011 operations on the National Stock Exchange (BNV In Spanish) grew by 65% compared to the previous year, with participation from all sectors: government debt, corporate bonds and repos.
The general manager of the BVN, Rolando San Román, said trading volumes denote a significant increase in all markets, from corporate to government debt or repurchase and resale agreements (repos).
The total trading at the Panama Stock Exchange (BVP) at the end of 2008 was $1.93 billion, or 15.4% less than 2007.
According to laestrella.com.pa, "During the first three quarters of 2008, the BVP recorded an increase that was greater than in 2007, however in the last three months of the year, the situation was reversed.