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Panama

Latinex

Panama securities market · USD / PAB

Dollar-based finance at the crossroads of global trade.

Market cap
Small, illiquid equity market
Listed
Equity and debt issuers
Founded
1989 (exchange established)
Hours
Check the Latinex trading calendar
Overview

Panama's Latinex exchange connects local banks, insurers and corporate issuers with investors. Debt securities dominate activity and many equity holdings trade infrequently. The Panama Canal supports the wider logistics economy, but it is not itself a listed company. Company examples below are local issuers, not a market-cap ranking or index membership list.

Panama CityUSD / PABPanama securities market

Sector breakdown

What drives the index

Banking

Domestic lending, deposits and regional financial services.

Insurance

Regional insurers and financial holding companies.

Investment Holdings

Diversified businesses with interests across the local economy.

Real Estate

Commercial property, development and hospitality.

Agriculture & Consumer

Food production, distribution and retail.

Energy & Infrastructure

Utilities and infrastructure-related corporate issuers.

Top companies

The franchises that matter

#1 · Banking

Banco General

Latinex issuer · banking

Panamanian private bank serving individuals and businesses.

#2 · Insurance

Grupo ASSA

Latinex issuer · insurance

Regional insurance and investment holding group.

#3 · Holding

Empresa General de Inversiones

Latinex issuer · investments

Investment company with interests in banking and other businesses.

#4 · Real Estate

Unión Nacional de Empresas

Latinex issuer · property

Business group with property and hospitality interests.

#5 · Holding

MHC Holding

Latinex issuer · holdings

Regional investment holding company; share availability may be limited.

#6 · Agriculture & Retail

Grupo Melo

Latinex issuer · consumer

Panamanian group active in food, agricultural products and retail.

Did you know?

Latest News

1

The balboa is pegged one-to-one to the U.S. dollar.

2

Latinex was previously called Bolsa de Valores de Panamá.

3

Local debt trading is much more prominent than equity trading.

Why it's interesting
  • Dollar-based financial system
  • Regional financial hub
  • Trade and logistics links
Risks to watch
  • Very low equity liquidity
  • Limited free float and issuer coverage
  • Trade-cycle and fiscal exposure