Market share grows 52% in 2011

Stock market recorded a strong increases in their operations in 2011. Compared to the year prior to this, in the secondary market were sold securities, national currency, for a negotiated value of RD$ 131,155 million, which represented an increase of 52% over the same operations carried out during 2010.

A similar dynamic was also observed in the primary market of values, which is where companies and institutions put their titles of tender, and therefore where is traded for the first time their instruments representative of debts.

Compared to 2010, the total amount (equivalent in Dominican pesos) of new emissions approved by the Superintendent of securities (IMS) during 2011 represented an increase of 112%.

Broken down this increase depending on the type of currency, the so-called pesos grew 188% and the so-called dollar did 54%. These rates u000athey reflect a significant trend of issuers registered in the IMS to finance its operations and investments by placing corporate bonds in the market values.

Is the explanation that for the calculation of equivalent amount in national currency of the total emissions, both in pesos and in dollars, we used the annual average rate of purchase of the Central Bank, which for 2010 was Rd $36.74 per dollar, and for 2011 was Rd $38.01, according to the reports issued by such entity.

New emissions "undifferentiated totaled RD$ 8,612.5 million, while the valued in dollars totaled US$ 182 million." "These public offering broadcast programmes exclude the Central Bank, the of the Ministry of finance, the of multilateral agencies and the Governments and foreign central banks".

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