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Angola Securities Exchange records over AKZ 24 bilion fall

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The Angola Securities Exchange (BODIVA) recorded in the month of July securities business estimated at kwanzas (AKZ)58,9 billion representing over AKZ 24 billion drop in relation to June.

According to the monthly report of the Secondary Market of Public Debt that reached Angop on Tuesday,  BODIVA recorded AKZ 58.9 billion, with multilateral and bilateral market trading AKZ 42.8 billion and 16.1 billion respectively.

In June this year, BODIVA closed transitions estimated at AKZ 82 billion being AKZ 20,2 billion recorded in the bilateral market, while AKZ 62 billion was made in the multilateral.

Banco Fomento of Angola (BFA) remains in the top of the list of business wih over 481 business conducted since last year, ahead of Banco Angolano de Investimento (BAI) recording 57 and Standard Bank ANGOLA (SBA) with nine business performed.

BODIVA has already recorded over 1500 business from January to July estimated at AKZ 417.4 bilion.

BODIVA as managing society of regulated markets, is tasked of promoting the development of the securities market and its derivate, so as to decisively contribute to sustained financing of Angola’s economy.

Source: Angop

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