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 107.7 per cent and the daily average of trading value significantly increased by 231.8 per cent to Dh642.1 million compared to Dh193.5 million in 2012.
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. The reason?
The Caracas stock exchange fell 9.7% by early afternoon on Dec.
The Caracas Stock Exchange's IBVC index, which lists just 15 shares, has surged a whopping 499.72 per cent year to date to become the best performer, followed by Dubai's DFM by 113.19 and Nikkei index by 49.05 per cent.