Bolsa de Valores de Cabo Verde

The Bolsa de Valores de Cabo Verde (Cape Verde Stock Exchange) is the principal stock market of Cape Verde. It is located in Praia.

The Cape Verde Stock Exchange (BVC) was founded on May 11 1998 under a governmental decision and started its activities in December 2005, trading 44 treasury bonds and three corporate equities. The corporate equities, or stocks, included two banks and a tobacco company.

The operating structure of the Cape Verde stock exchange combines the auctioning system with quote-driven systems in order to support larger market liquidity. The market deployed huge efforts to re-structure itself in line with the best practices and most relevant international guidelines. All platforms are credible ones and some are used by Euronext Lisbon and Interbolsa. The BVC is a member of the most relevant international institutions that discipline capital market concerns.

A new building was finished in around 2012 and is located just south of the Estádio da Várzea complex.

Its logo is gold colored with an octagonal coin and reading the letter b, the first letter of the Portuguese word for Exchange.

Companies listed on the stock market

See also

References

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