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Panama bucks the world trend in stock markets with 30 percent increase in index

Monday, January 2, 2012


Red ink is everywhere among the world's stock markets. But there are exceptions. The most outstanding case is Venezuela. The main index of the market in Caracas rose by almost 80 percent last year, which makes it the world's most profitable.

Of course, it's not as simple as that. Venezuela suffers hyperinflation and the increase is very modest in real terms.

Panama's market fell well short of Venezuela's, but would be the envy of any European country, thanks to the country's stability, and the income from foreign investment and tourism.

The result has been a 30 percent increase in Panama's market increase over last year.

Original source (in Spanish): Cinco Días