Bolsa de Valores de El Salvador | |
Type | Stock exchange |
---|---|
Location | San Salvador, El Salvador |
Founded | April 27, 1992 |
Owner | Central Securities Depository (CEDEVAL) |
Key people | Rolando Duarte, (CEO) |
Currency | United States dollar (USD) |
No. of listings | 34 |
Market cap | US$6 billion (2011)[1] |
Website | www |
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, there were 34 companies trading on the exchange, the vast majority in finance or insurance businesses.[3]
References
- ↑ "Salvadoran Stock Exchange is Smoldering, Growing 40% Last year". Tropical Daily. February 6, 2012.
- ↑ 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
- 1 2 Investment Policy Review: El Salvador by United Nations Conference on Trade and Development. United Nations. 2010. ISBN 9789211127973.
- ↑ "Salvadoran Stock Exchange is Smoldering, Growing 40% Last year". Tropical Daily. February 6, 2012.
- ↑ "Financing Works Through the Stock Exchange". Central American Data. November 14, 2013.
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