Any upward trend is worthy of attention due to the optimism conveyed by the figures, which reflect a small revival that seems to become clearer and more promising every day. During the last week (February 16-20), the Venezuelan stock market showed an upward trend that has been as positive as it has been constant since the beginning of the year.
The Caracas stock market index closed at 6,014 points, representing a gain of 2.84% compared to the previous session. What is striking is that this rebound was particularly strong, showing growth of up to 10.68% in just three days. Among the most notable movements were the financial transactions carried out by Banco Provincial, Banco de Venezuela, and Banco Nacional de Crédito. Therefore, it could be said that the banking environment had a significant influence on today's stock market figures.
We continue to rise, and expectations are growing in light of the revival of these actions in the oil sector and other activities that point in the same direction: an increase that also fuels confidence and hope in many Venezuelans, who currently have only one direction and an optimistic outlook. The truth is that with all this, a very common phrase here in my country comes to mind: "If it rains like this, then let it pour." And today, it certainly seems that it is beginning to rain on our economy, on a land that for so long was as arid as it was desolate. The reality of the situation now invites us to pay more attention not only to the outcome already presented but also to what might happen in the coming days.
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Translator: DeepL
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