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Dominican Republic: Despite the covid-19 pandemic, stock market will grow this year in the Dominican Republic: APB

Despite the covid-19 pandemic, the country’s stock market will continue to grow this year, the executive director of the Dominican Republic Stock Exchange Association, Mario Franco, said yesterday.

He specified that the stock market had shown constant growth over the years, and in this “2021, we do not expect anything different.”

He argued that last year was a litmus test for the financial market, in which the stock market demonstrated its undeniable resilience. He specified that the sector was proactive in seeking solutions that immediately adapted to remote work, guaranteeing business continuity and service to customers.

“Despite the inconveniences we are experiencing, we were able to maintain the rate of opening new accounts that we have had over the years, closing the year with an approximate total of 102,036 accounts, which represents some 8,000 new accounts for 2020,” Franco claimed.

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