Salvadoran Stock Exchange

Stock exchange located in Santa Tecla, La Libertad, El Salvador
Salvadoran Stock Exchange
Bolsa de Valores de El Salvador
TypeStock exchange
LocationSan Salvador, El Salvador
FoundedApril 27, 1992; 32 years ago (1992-04-27)
OwnerCentral Securities Depository (CEDEVAL)
Key peopleRolando Duarte, (CEO)
CurrencyUnited States dollar (USD)
No. of listings34
Market capIncreaseUS$6 billion (2011)[1]
Websitewww.bolsadevalores.com.sv

The Salvadoran Stock Exchange (Spanish: Bolsa de Valores de El Salvador, BVES) is the stock exchange in the nation of El Salvador.[2] The exchange is used for the securitization of various government infrastructure projects. The exchange was established in 1992.[3] It is overseen by Central Securities Depository (CEDEVAL).

The market grew from handling U.S. $600 million initially to more than U.S. $3 billion by 2006 and almost $6 billion by the end of 2011.[4] Rolando Duarte was chief of the BVES as of 2013.[5] As of 2009[update], there were 34 companies trading on the exchange, the vast majority in finance or insurance businesses.[3]

References

  1. ^ "Salvadoran Stock Exchange is Smoldering, Growing 40% Last year". Tropical Daily. February 6, 2012.
  2. ^ Bolsa de Valores de El Salvador, Bolsa de Valores de El Salvador official website, May 5, 2010, ""Bolsa de Valores de El Salvador - El Salvador BVES". Archived from the original on 2011-03-01. Retrieved 2010-05-05.", May 5, 2010
  3. ^ a b Investment Policy Review: El Salvador by United Nations Conference on Trade and Development. United Nations. 2010. ISBN 9789211127973.
  4. ^ "Salvadoran Stock Exchange is Smoldering, Growing 40% Last year". Tropical Daily. February 6, 2012.
  5. ^ "Financing Works Through the Stock Exchange". Central American Data. November 14, 2013.
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