The value of transactions recorded in the Angolan Debt and Securities Exchange (Bodiva) in the first quarter of the year reached 75.6 billion (US$461.8 million), Bodiva announced on its website.
The stock market in March registered trade of 116,100 Treasury Bonds – the only securities currently listed along with Treasury Bills – with a value of 23.1 billion kwanzas.
The transactions were recorded by the Banco de Fomento Angola (BFA), Banco Angolano de Investimentos (BAI), Standard Bank Angola (SBA), Banco Millennium Angola (BMA), Banco de Negócios Internacional (BNI) e Banco Privado Angola (BPA) with market shares of 39 percent, 26 percent, 22 percent, 9 percent, 2 percent and 1 percent, respectively.
Banco Económico, former Banco Espírito Santo Angola, announced last Friday it had been admitted as a member of the Angolan Debt and Securities Exchange, and is now authorised to intermediate the sale of government bonds and companies.
The bank operates a network of 70 branches in 16 provinces, along with seven business centres in the provincial capital of Benguela, Cabinda, Huambo, Huila and Luanda.
The Angolan Debt and Securities Exchange is responsible for implementing and managing a business platform that allows trading in the secondary market of government bonds, corporate bonds, shares, units of investment funds and other securities. (macauhub/AO)