The total operation of the Uruguayan Electronic Stock Exchange (Bevsa) reached its highest level in the last ten years in the first quarter of this year, totaling $22,470.1 million, a figure driven by transactions in the stock market.
The activity of Bevsa During the first quarter of the year, it rose 17% higher than the volume traded during the first quarter of 2023, where a total of 19,198.9 million dollars was received.
The figure was driven by the stock market, which had an increase of 24.6%, going from 11,939.6 million to 14,881.7 million dollars, when compared to the same period last year. Meanwhile, the Money market grew by 13.1%, increasing from 5,489.9 million to 6,207.7 million dollars.
On the other hand, in the Exchange Market 22% less was operated in this first quarter of 2024 compared to 2023, going from 1,769.4 million to 1,380.7 million dollars.
March details
During the month of March, total operations were 7,493.3 million dollars, representing a growth of 3.8% in relation to the February amount of 7,218.1 million. Meanwhile, in the year-on-year comparison, there was a growth in operations of 3.9% compared to March 2023, when 7,209.7 million had been operated.
The operation in the Stock market In March it was 5,041.1 million dollars, 9.8% higher than the 4,590.9 million operated in February. In relation to the 4,907 million dollars traded in March 2023, an increase of 2.7% was recorded.
image.png
Bevsa
For its part, in the Exchange Market The amount traded was 488.7 million dollars, which implied an increase of 20.8% compared to the 404.5 million reached in February. In turn, compared to February 2023, when 562.1 million dollars had been traded, the amount traded in the exchange market fell by 13.1%. The entire operation of the month of March in this market was concentrated in the SPOT DOLLAR with 488.7 million dollars.
The operation of the Money market reached 1,963.6 million dollars in March, registering a decrease in the amount of 11.7% compared to the previous month at 2,222.7 million. On the other hand, compared to March 2023 when 1,740.4 million dollars had been operated, an increase of 12.8% was recorded.
Source: Ambito
