Bevsa’s total operations increased 23.9% year-on-year in the first quarter

Bevsa’s total operations increased 23.9% year-on-year in the first quarter

The annual accumulated amount already reaches almost US$29,350M and is positioned as the largest in the last decade.

Photo: Freepik

The total operation of the Uruguayan Electronic Stock Exchange (Bevsa) It increased 23.9% year-on-year during the first quarter, after reaching some 29,348.7 million dollars, and was positioned as the highest figure in the last decade.

Through its monthly newsletter, Bevsa reported that total operations appear “solid” during this first part of the year, registering significant volumes in the money and securities markets, highlighting the latter as “increasingly relevant.”

He Stock market It represented 66% of total operations after accumulating some 19,375.1 million dollars, a variation of 35.4% compared to the figure for the same period in 2023, which was 14,307.2 million dollars. In turn, at that time, the stock market represented 60.4% of the total pie.

For his part, the money market It grew by 11.2% year-on-year in the first quarter, going from 7,244.6 million dollars in 2023 to the current 8,057.3 million dollars. It should be noted that in 2020, times of face masks, the operation was 657.9 million dollars, a figure that seems to be dwarfed by new volumes.

The exchange market fell 10.3% in the first quarter

At the other extreme, the exchange market It fell 10.3% in the first quarter, going from 2,135.3 million dollars to 1,916.2 million dollars until the month of April. In 2020, the volume operated was even higher: 2,688.3 million dollars.

However, variations in the money market and the stock market dragged the total towards green territory, allowing Bevsa to achieve the largest operation of the decade “by far”, according to its own report.

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Source: Ambito

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