Speaking to the press, Bodiva's executive director, Dilson Gaspar, explained that the decrease is an "adjustment to normal", given that 2023 was an atypical year, "with a very significant exchange rate devaluation".
"The kwanza was being traded at around 500 kwanzas per dollar and it dropped to 800 kwanzas, a savvy investor will look for safe haven assets to protect their capital, which is why in 2023 we recorded a higher value in the number of transactions", he stressed.
According to the Annual Markets Report, released this Thursday at the Bodiva 2025 Forum with the motto "The Path to the Stock Exchange", 2023 recorded the amount of 7.8 billion kwanzas, 1.8 billion kwanzas above that achieved last year.
According to Dilson Gaspar, in 2024, the numbers returned to normal, highlighting that the trend in all years prior to 2023 was an increase in results.
The report indicates that revenue registered a growth of 105.16 percent compared to the same period last year, totaling 10,238 transactions, against the 5746 registered in 2023, maintaining the upward trend.
In presenting the data, Dilson Gaspar said that investors are participating more in the market and the entry of new instruments has increased the "market appetite", highlighting that, in the third quarter of the year under analysis, the level of business involving shares represented 50 percent of all Bodiva negotiations.
As regards custody accounts, there were 35 thousand open accounts up until December of the reference period, however, there was a decrease of 68.86 percent.
In her speech, the president of Bodiva's interim executive committee, Cristina Lourenço, said that the results achieved "are a reflection of the sector's joint effort to consolidate a solid and dynamic market".
According to Cristina Lourenço, investor confidence and the significant increase in transactions are the right way to strengthen the national market and attract more capital to the Angolan economy.
