Tuesday, 24 November 2020

Nicaragua 2014 Stock Exchange Up 43%

639x360_1421816802_bolsaTODAY NICARAGUA – Last year the amount of transactions recorded was US$997 million, with highlights including 32% growth in trading in the primary

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. This behavior reflects more companies opting for the stock market to finance their productive activities.

Gerardo Arguello, president of the Stock Exchange of Nicaragua, told Elnuevodiario.com.ni that in the primary market “… transactions totaled US$422 million. ‘Here we went from US$319 million to US$422 million, plus an additional $100 million … We are interested in grow in the primary market, that means there are more people interested in investing in new shares that are coming to market and more companies investing ‘. ”

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Eduardo Ortega, Invercasa CEO, commented, “… ‘This has been the year (2014) with the highest number of transactions in the history of the market. In the 21 years of its existence, we reached $1 billion for the first time. ‘”

Source: elnuevodiario.com.ni

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