BODIVA moves 1.19 billion kwanzas in the first three months

BODIVA moves 1.19 billion kwanzas in the first three months

The Angolan Debt and Stock Exchange (BODIVA) registered, in the first quarter of 2024, 1.19 billion kwanzas in negotiations, in a bilateral and multilateral environment, according to the institution’s Dashboard.

Data from Bodiva’s Monthly Report indicate that the Reporting Operations Market (MOR) registered greater movement, with a volume of 1.03 billion kwanzas.

The value negotiated in the first three months of this year was above that recorded in the same period of 2023, which was 227 billion kwanzas. Therefore, growth of more than 400 percent.

 The data also shows that January of the period in question saw the greatest movement with 766.9 billion kwanzas, while the month of February was the month with the lowest movement with 205.01 billion kwanzas traded.

The year 2023 was the largest financial volume historically moved on the Angolan stock exchange, driven by the issuance of Sonangol’s corporate bonds combined with the performance of the National Treasury, which at a certain point in the year carried out some debt repurchase, purchase and sale operations to extend the debt maturity.

According to the site’s donations, the monthly record was registered in September where negotiations reached a volume of 1.8 billion Kwanzas.

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