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CMVM Annual Report 1997 Message from the President Part I - Securities Market Performance in 1997 1  Aggregate Economic Survey 1.1  International Economic Environment 1.2  Portuguese Economy 2  Securities Market Performance in 1997 2.1  International Environment 2.2   The Portuguese Securities Market 3  The Primary Market 3.1  Shares 3.2  Bonds 3.3  Public Debt 4  The Secondary Market 4.1  Spot Market Transactions 4.2  Market Capitalisation 4.3  Stock Exchange Transactions 4.4  Indices 4.5  Takeover Bids and Public Offers for Sale 4.6  Securities Trading Suspension and Interruption 4.7  Listings and Delistings 4.8  The Special Market for Block Trading (MEOG) 4.9  The Futures Market 4.10  The Repo Market 4.11  Foreign Investment 5  Financial Intermediaries 5.1  Activity 5.2  Collective Investment Instruments 6  Central Securities Depository 6.1  Settlements through the Central   Part II - CMVM's Action in 1997 1  Market Supervision 2  Supervision of Issuers 2.1  Disclosure of Periodical Information 2.2  Disclosure of Non Periodical Information 2.3  Monitoring of Listed Companies' Shareholding Structure 2.4  Monitoring of Restructuring Operations 2.5  Registration and Monitoring of Independent Auditors 3  Offers for Subscription, Takeover Bids and Offers for Sale 4  Supervision of Securities Intermediation 4.1  Financial Intermediaries 4.2  Investment Funds 5  Enforcement 5.1  Enforcement Activity 5.2  Complaints and Grievances 6  Litigation 6.1  Administrative Lawsuits Carried Over From Previous Years 6.2  Administrative Lawsuits Initiated in 1997 6.3  Sanctions 7  International Relations 7.1  Extra Community 7.2  Intra-Community 8  CMVM's Relations with National Entities 9  Legislative and Regulatory Development 10  Studies 10.1  Research Department 10.2  Other Studies 11  Securities market promotion undertaken by the CMVM 12  Organisation and Resources 13  Information Systems 14  General Secretariat   Part III 1  Development Prospects Other Editions 2008 Report 2007 Report 2006 Report 2005 Report 2004 Report 2003 Report 2002 Report, Annex 2001 Report (2,33 Mb), Annex 2000 Report 1999 Report 1998 Report 1997 Report 1996 Report