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Last Updated: 19 February 2019
In a solemn ceremony, on February 13 of the current year. The Stock Exchange of Mozambique publicly announced the admission to listing of TOUCH PUBLICIDADE, SA, and of ARCO INVESTIMENTOS, SA. The event was attended by stock exchange operators, public and affiliated companies, listed and listed companies, strategic partners of BVM, among other guests.
TOUCH PUBLICIDADE, SA is a company incorporated in 2008 with exclusively Mozambican capital, based in Maputo, listed by its total share capital, represented by 142,500 registered and book-entry common shares with a nominal unit value of 100.00 MT. TOUCH PUBLICIDADE SA is a creative agency that offers the market integrated Marketing and Communication services that cover areas of analysis, monitoring, planning, public relations, advertising, branding, digital communication, among others.
ARCO INVESTIMENTOS, SA, is a company incorporated in 2011, with exclusively Mozambican capital, based in Maputo, which admitted to listing 240,330 ordinary, registered and book-entry shares with a nominal value of 100.00 MT. ARCO INVESTIMENTOS SA is dedicated to the development of projects and projects in the tourist area, exploration and exploitation of natural resources and promotion of investments, among other activities.
During the ceremony, Salim Valá, PCM of BVM, informed the other members that the main indicator of the stock market - "Stock Market Capitalization", increased from 72.916 million MT in 2017 to 85.340 million MT in 2018, representing a growth of 17% , resulting from the admission of new securities to the Stock Exchange - Treasury Bonds, Corporate Bonds, Suppliers Bonds, Commercial Paper, and Shares - as well as the positive evolution of the price of quoted securities. Market capitalization in% of GDP was 8.6%, exceeding the forecast annual target of 8.4%, and the market liquidity index was 3.88%.
Still on the performance of the stock market, Valá said that the volume of transactions in 2018, stood at 3,309 million MT, suffering a reduction of 41% compared to 2017, motivated by a lower level of trading in the stock market, but in On the other hand, the number of transactions increased 15%, from 616 transactions in 2017 to 706 transactions in 2018, expressing an increase in the frequency of trading of quoted securities.
He emphasized and thanked the stockbrokers for the important role they have been playing in the development of the stock market. "They are the true and effective" sales force "of BVM. said Vala.
The two companies were listed on the Official Stock Market of the Stock Exchange of Mozambique, and TOUCH PUBLICIDADE SA was led by the Stock Trader BNI - Banco Nacional de Investimentos, while the admission to listing of ARCO INVESTIMENTOS SA was led by the most recent exchange operator, Banco MAIS.
With the admission of these two companies it increases to 8 the number of listed companies in the BVM. These two companies will have greater public visibility, greater appetite for domestic and foreign investors, greater potential for valuing their shares, while citizens will have more options to apply their savings, and companies will have access to new windows of financing.
It is important to mention that, within the scope of the Financial Education Program, BVM will count on the prestigious collaboration of renowned Mozambican culture makers,
the saxophonist and ethnomusicologist, Moreira Chonguiça and the theater actor and presenter of the STL Gyl Conexoes program, Gilberto Mendes.
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