Compared to February, the volume had a shot of 27.8%, and experienced a rise of 62.2% year-on-year.
According to a report from the Electronic Stock Exchange of Uruguay (Bevsa), the amount operated during the month of March constitutes a new record in the last decade. The volume transacted reached 7,209.7 million dollarsmeaning a shot of 27.8% compared to 5,640.5 million dollars in the month of February, and an increase of 62.2% year-on-year compared to 4,445.4 million dollars in March 2022.
Of the total operated, the Stock Market concentrated 68.1% of the volume until reaching 4,907.2 million dollars. This is followed by Money market with 24.1% (1,740.4 million dollars), and the 562.1 million dollars transacted in the Exchange Market they completed the remaining 7.8%.
The Stock Market had its best mark since December 2018
The increase in the amount was driven by a Stock Market that registered his best mark since December 2018, and it was 52.1% higher than the 3,226.8 million dollars of the previous month. In the year-on-year comparison, there was a marked increase of 96.5% compared to the 2,497.3 million dollars traded in March 2022.
This thickening of the Stock Market is underpinned by the rises that occurred within the Primary Market and the Secondary market. Primary concentrated 71.5% of the volume, while Secondary contributed the remaining 28.5%.
The movements in the Primary managed to register some 3,506.3 million dollars, and increased by 46.9% compared to the month of Februaryagain a high since December 2018. In the breakdown, the CD in National Currency it meant 47.5% of the operation; he CD in Dollar 47.2%; the CD in Indexed Units (UI) 3.7%, and the placement of financial trusts 1.6%.
In this primary market an increase of 182% was highlighted in the operations of CD Dólar during the month of March, registering a volume of 1,655.6 million dollars, 1,070 million dollars more than the end of February.
On the Secondary Market side, an amount of 1,490.9 million dollars was operated, showing a month-on-month increase of 66.8% compared to the previous month, which was 840 million dollars, and reaching the top of records since January of 2019. The operation of Letters of Monetary Regulation concentrated 94.2% of the total.
Source: Ambito
