Last Updated: 15 March 2019
As part of the strategic repositioning of the stock market. The Stock Exchange of Mozambique has carried out a one-off revision of Article 11 (1) of Regulation No. 4 / GPCABVM / 2014 of 17 October, amending paragraphs b) and c) of number 3, and b) of number 8, both of the "Annex A" that approves the Stock Exchange, Negotiations and Operations sessions, going to the following limits of variation:
For the equity or equities segment (units, rights, other securities that may be created), the increase in maximum variation increased from 15% to 25%;
In the debt securities segment (treasury bonds, corporate bonds, commercial paper and the like), the increase in the maximum quotation variation increased from the current 5% to 20%.
The purpose of this amendment is to broaden the trading of securities in the stock market, thus allowing for the incorporation of the various economic variables affecting the price of listed securities.
It should be noted that these parameters are in line with the limits in force on most African, European and other emerging markets.
It should be noted that, with this measure, the Mozambique Stock Exchange intends to boost the intermediation of listed securities, on the one hand, and, on the other hand, to promote a greater volume of transactions by providing a greater flow of liquidity in the market.