The Libyan Stock Market (LSM) was established by Suliman Alshahmy by Decision No. (134) of the General People's Committee (GPCO), on June 3, 2006, to form a joint stock company with capital of 20 million Libyan dinars, divided into 2 million shares with a nominal value of 10 LD per share. The first phase focused on introducing financial definitions and rules, the addition of several workshop courses, and a series of agreements with the Amman Stock Exchange and Cairo & Alexandria Stock Exchange and the Egyptian Company for Clearance and deposit.
Listed market securities include the National Mills and Fodder Company, the United Insurance Company, Bank of deserts, and the Libyan Insurance Company, Sahari Bank, and the Hay Alandalus Domestic Bank. The volume of subscription on July 2, 2007, totalled 49539 shares, with a total value amounting to 346.773 LD.[2]
"LIBYA 18 October 2007. A cooperation agreement was signed on Monday in London between the Libyan Stock Exchange Market and London Stock Exchange."
The agreement was signed by the Chairman of Administration and General Director of the Committee for Libyan Stock Exchange Market and the Director of the London Stock Exchange.
The agreement provides for training teams from the Libyan Stock Exchange in Tripoli and in London to enable them to run the stock market operations. In addition there will be regular reviews of the Libyan regulations and systems, to modernize them from time to time, and for seminars and conferences organized by the London Stock Exchange.
The Libyan Stock Market closed following the eruption of the Libyan Civil War in February 2011. It remained closed until reopening the following year on 15 March 2012.[3]
Organizeredit
Head of oversight and Securities Inspection is Dr. Abdel Salam Alkesh.
Head of IT Ahmed Balras-ali
Working Hoursedit
The Libyan Stock Exchange has normal trading sessions from 10:00am – 5:00pm Sunday-Thursday, and holidays are declared by the exchange in advance.
libyan, stock, market, libyan, exchange, stock, market, arabic, سوق, الأوراق, المالية, الليبي, officially, opened, tripoli, libya, during, march, 2007, full, citation, needed, typestock, exchangefoundedmarch, 2007founderdr, suliman, alshahmyheadquarterstripoli. The Libyan Exchange Stock Market Arabic سوق الأوراق المالية الليبي officially opened in Tripoli Libya during March 2007 1 full citation needed Libyan Stock MarketTypeStock exchangeFoundedMarch 2007FounderDr Suliman AlshahmyHeadquartersTripoli LibyaKey peopleDr Ahmed Kroad General DirectorWebsitewww lsm gov ly Contents 1 Background 2 Organizer 3 Working Hours 4 See also 5 References 6 External linksBackground editThe Libyan Stock Market LSM was established by Suliman Alshahmy by Decision No 134 of the General People s Committee GPCO on June 3 2006 to form a joint stock company with capital of 20 million Libyan dinars divided into 2 million shares with a nominal value of 10 LD per share The first phase focused on introducing financial definitions and rules the addition of several workshop courses and a series of agreements with the Amman Stock Exchange and Cairo amp Alexandria Stock Exchange and the Egyptian Company for Clearance and deposit Listed market securities include the National Mills and Fodder Company the United Insurance Company Bank of deserts and the Libyan Insurance Company Sahari Bank and the Hay Alandalus Domestic Bank The volume of subscription on July 2 2007 totalled 49539 shares with a total value amounting to 346 773 LD 2 LIBYA 18 October 2007 A cooperation agreement was signed on Monday in London between the Libyan Stock Exchange Market and London Stock Exchange The agreement was signed by the Chairman of Administration and General Director of the Committee for Libyan Stock Exchange Market and the Director of the London Stock Exchange The agreement provides for training teams from the Libyan Stock Exchange in Tripoli and in London to enable them to run the stock market operations In addition there will be regular reviews of the Libyan regulations and systems to modernize them from time to time and for seminars and conferences organized by the London Stock Exchange The Libyan Stock Market closed following the eruption of the Libyan Civil War in February 2011 It remained closed until reopening the following year on 15 March 2012 3 Organizer editHead of oversight and Securities Inspection is Dr Abdel Salam Alkesh Head of IT Ahmed Balras aliWorking Hours editThe Libyan Stock Exchange has normal trading sessions from 10 00am 5 00pm Sunday Thursday and holidays are declared by the exchange in advance See also editList of African stock exchangesReferences edit Business Intelligence Middle East March 15 2007 ميدل ايست اونلاين Soguel Dominique Libya s stock market in low key opening Agence France Presse Retrieved 16 March 2012 External links editLibyan Foreign Investment Board Libyan Foreign Bank Archived 2008 10 15 at the Wayback Machine Bank of Commerce and Development Libya stock market Stock Alerts Market Retrieved from https en wikipedia org w index php title Libyan Stock Market amp oldid 1176198921, wikipedia, wiki, book, books, library,
