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.
2% were in the hands of the public through the Caracas Stock Exchange and ADRs in the NYSE.
3) In 2005, the Caracas Stock Exchange (BVC) registered the worst performance of the emerging markets, with a fall in US dollars of 38.
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.