Angolan Stock Exchange starts operating in December

10 November 2014

Trading of securities on the Angolan Stock and Debt Exchange (Bodiva) is scheduled to begin in December, the chairman of the Capital Markets Commission (CMC), Archer Mangueira said in Luanda.

During a meeting on the capital market and its impact on the oil sector, promoted by the Angola-US Chamber of Commerce, one official said that the CMC is taking the final steps so that trading can begin in December.

Antonio Furtado, chairman of the Angolan Stock and Debt Exchange last July at a meeting with financial market operators said the market would start operating with the trade of treasury bonds.

“The first step will be taken by trading public debt and only later with company stocks,” Furtado said at the time. (macauhub/AO)