Registration of new shares, government involvement and a rise in the price of most of the registered shares has characterized the Panamanian stock market so far this year.
The primary market was the one that recorded the largest movement, led by the government, whose program of Treasury bills and notes resulted in a trading volume of more than $550 million.
On the other hand, the merger of issuing companies and registration of new ones signified an important part of the greater stock market activity.
An article by Edith Castillo in Prensa.com, reports: "With regard to the performance of listed companies, 9 of the 23 that now trade on this organization saw their price increase, boosted the BVPSI index by 261.68 points, which closed on 31 December at 298.14 points from Friday's close.
Analysts agree in indicating that the role of government is important in reviving the volume of transactions that the stock martket has traded in this half of the year.
With regard to the listing of companies it has been noted that the stock market is regaining the momentum of previous years and that investors are motivated to put their money in local companies that have interesting results. "
Source: Prensa.com
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January 2011
In 2010 $ 2,639 million, 61% higher than 2009, were traded on the Stock Exchange.
The Panama Stock Exchange had never to date experienced a turnover like the one achieved in 2010.
"The stock index (BVPSI), which suffered during the international financial crisis, began 2010 with anemic performances, but recovering during the first quarter of the year and then began to gain momentum," Edith Castillo writes in his article in Prensa.com. "The index rose from 228.05 points in December 2009 to 261.68 points in December 2010, yielding 14.75%."
April 2009
This was, according to the Comptroller General of the Republic, during the first two months of 2009 in relation to the same period in 2008.
The Comptroller’s report also noted a decrease of 18.3% in the stock index.
Tagnia Shocrón S. wrote in Laestrella.com.pa: "The downward trend began with the volume traded in September 2008, and it has remained so far this year.
November 2009
Despite a 44% drop in trading volume in October, the sector expects to finish 2009 with a 25% growth.
This was announced by Gerardo Argüello, who explained that they expect higher volume in the last two months of the year, because the Central Bank of Nicaragua will issue various securities.
November 2008
Summary of the activity at the Panama Stock Exchange for Tuesday, March 10, 2009
For more information, please visit www.panabolsa.com
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