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Monday, 13 February 2023 23:28

Amounts traded on the stock exchange for january 2022-2023 grew US$88 million: SSF

Written by Evelyn Alas

The Superintendencia del Sistema Financiero (SSF), informs that the amount traded in the integrated stock exchange between El Salvador and Panama, reflects an interannual growth of US$88.1 million as of january 2023.

This demonstrates the interest of investors and the dynamism generated in both markets.

As of january 2023, US$377.2 million, or 30.5% more than in 2022, only US$289.1 million was obtained.

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Also, at the end of december 2022, insurance showed a year-on-year increase of US$77.5 million in the amount of premiums, reflecting the confidence in the support that the insurance market represents in the country.

As of december 2022, US$903.7 million was obtained, compared to US$826.2 million in 2021.

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In addition, the superintendence points out that 1,733 salvadorans benefited from the approval of their medical opinions by the Comisión Calificadora de Invalidez (CCI), and obtained their total or partial disability pension in 2022.

An Exchange Traded Fund (ETF) is an investment fund that is traded on the stock exchange. These funds hold assets such as stocks, commodities or bonds and trade at approximately the same price as the net asset value of their underlying assets during the course of the trading day.

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Exchange Traded Funds are a popular investment choice among both active and passive investors.

 

Translated by: A.M

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