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BISX CEO Keith Davies spoke to the performance of the BISX Market over the year 2023. His comments came after the compilation of the 2022 Statistical Report for BISX. The year was a time of many firsts for BISX. Our All-Share Index had the largest point appreciation over our 22 year history as the value of the Index increased by 416.82 points over the course of 2022, it was also the 4th highest percentage appreciation for the All Share Index which increased by 18.7%
Mr. Davies noted “I’m pleased with the performance of the market last year as the Bahamian capital markets showed renewed activity post Covid. Investors showed interest in investments ranging from listed securities to other projects such as the Nassau Cruise Port project and mutual funds and Government Bonds, both those listed on BISX and the US$ bonds that the Central Bank waived Exchange Controls on to encourage Bahamians to purchase internationally. While BISX may be most concerned with those securities listed on our Exchange, we care about the health of the entire capital markets, as a result, we have been pleased with the overall health of the market during 2022.”
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