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Nicaraguan Stock Market Keeps Growing

BANDKCAETODAY NICARAGUA – In 2015 more than $1.2 billion in securities were traded on the stock exchange, a 21% increase compared to 2014, driven by trade in government securities.

Short-term operations, particularly negotiations on the repo market, which led movements in the Nicaraguan Stock Exchange, increased by 37% compared to transactions of these instruments in 2014.

Gerardo Arguello, general manager of the Stock Exchange of Nicaragua, told Laprensa.com.ni that the volume negotiated in short-term operations provided the market with more liquidity. “… ‘The exchange must be developed in every way, that is, short-term operations and long-term operations, both are important. This year saw a major development in the operations of short-term liquidity, to the extent that in order to make progress in long term instruments a more liquid market is needed so that the people who invest in this market can have liquidity at any moment. ‘”

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“… The volume traded in the private sector in 2015 was $60.95 million, down 43.24 percent from the $107.39 million traded in 2014. In contrast, the public sector grew by 28.93%. The total turnover of the public sector in 2015 was $1145.95, $257.14 million more than in 2014, when only $888,810,000 was traded. “

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