Caracas Stock Exchange


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Caracas Stock Exchange

Originally established in 1947 and merged with a competitor in 1974 to become the only securities exchange of Venezuela.

Caracas Stock Exchange

The only securities exchange in Venezuela. Completely electronic since 1992, it trades in both equity and debt instruments. The Caracas Stock Exchange has experienced significant declines since the 1990s, at one time only functioning by trading in Venezuelan government debt. Much trade that would otherwise happen on the Caracas Stock Exchange occurs through American Depository Receipt transactions, which occur on American exchanges, rather than the Caracas Stock Exchange. It is abbreviated BVC after its Spanish name, Bolsa de Valores de Caracas.
References in periodicals archive ?
The DFM General Index, the second best performing index in 2013 after Venezuela's Caracas Stock Exchange, recorded a string growth rate of 107.
Ortiz has been in the capital markets for over 20 years and was President of the Caracas Stock Exchange from 2000 to 2007.
Nevertheless, the Caracas Stock Exchange reacted enthusiastically, with the IBC index ending that week up more than 20%, gains the market has been able to build on.
In 1992, Enron sold a 3% stake in the company on the Caracas Stock Exchange.
dollars by the Venezuelan Central Bank, Banco Central de Venezuela, in effect on the date on which the sale and purchase transactions in the tender offer for the shares are completed in a special session of the Caracas Stock Exchange (as it may be amended or supplemented from time to time, the "Venezuelan Offer"), and (ii) in the United States, any and all outstanding ADSs of CANTV at a price, payable in U.
dollars by the Venezuelan Central Bank, Banco Central de Venezuela, in effect on the date on which the sale and purchase transactions in the tender offer for the Class D Shares are completed in a special session of the Caracas Stock Exchange.
dollars by the Venezuelan Central Bank, Banco Central de Venezuela, in effect on the date on which the sale and purchase transactions in the offer for the shares are completed in a special session of the Caracas Stock Exchange, and (ii) in the United States, any and all outstanding ADSs not already owned by the Republic on the date the offers commence at a price, payable in U.
Cantv's stock is traded in the Caracas Stock exchange and has an ADR program in the NYSE (NYSE: VNT).
CANTV's common shares will continue to be listed on the Caracas Stock Exchange.
In turn, JP Morgan Chase controls 9% (with reduced voting rights), while the rest is widely held in the Caracas Stock Exchange.
Its stock is traded on the NYSE and is the most traded in the Caracas Stock Exchange.