Capital Market in Panama

Under conditions of high liquidity, primary market operations recorded $1.086 billion in the first quarter of 2012

Thursday, May 17, 2012

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.

More on this topic

Nicaragua: Stock Transactions Up 35 %

May 2014

Between January and April transactions on the Stock Exchange of Nicaragua were registered worth $439 million, more than the $326 million traded in the same period in 2013.

Bonds issued by the Central Bank of Nicaragua are among the most attractive securities, with over $20 million in volumes traded in April alone, according to the Stock Exchange of Nicaragua (BVN).

Panama Stock Brokers Transactions Grow 21.5%

January 2013

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."

Panama: Stock Trading Up 28%

May 2014

In the first three months of the year $1.350 million worth of securities were traded, up from $1.057 million traded in the same period in 2013.

Increased purchases of securities in the first quarter of 2014 "were made by BG Valores ​​($230.09 million), Prival Securities ($228.88 million), Banco Nacional de Panama ($195.62 million), MMG Bank Corporation ($142 55 million) and Citivalores ($126.06 million) ...

Nicaragua: Stock Market Not Taking Off  

February 2014

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.

 close (x)

Receive more news about Capital Markets

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Wanted Channel partners and Marketing Associates

Devraj Group is looking for channel partners and Marketing associates.
We already have supplied: Paddy Cleaning and Drying...

Stock Indexes

(Jul 30)
Dow Jones
-0.19%
S&P 500
0.01%
Nasdaq
0.45%

Commodities

(Jul 31)
Brent Crude Oil
106.5
Coffee "C"
186.35
Gold
1,296
Silver
20.625