Tag Archives | Stock Exchange

Middle East financial markets ignore the violence

Equities markets in the Middle East closed mostly higher Wednesday, but were mostly oblivious to the attack on the U.S. embassy in Egypt and violence that has claimed the life of a U.S.ambassador in Libya. On Wednesday, the Egypt EGX 30 stock market index (XX:EGX30) edged up by 0.5%. In Saudi Arabia, the Tadawul All Share […]

Such a Quiet Libyan Stock Exchange

The cartoon adorning the cover of the Libyan Stock Market brochure is stark: A man with a frown on his face and his pockets turned inside out explains to his horrified wife how he has been swindled by an unscrupulous broker. The message—that investors should stick with a regulated market—is being pushed hard by the […]

Libya bourse resumes trading after year closure

Libya's Stock Exchange resumed trading on Thursday just over a year after the country's conflict forced it to close. Officials on the trading floor rang a bell then shouted "Allahu Akbar!" or "God is great!" to signal the start of trading on a bourse which, its backers say, could take off now that it is […]

Libyan stock exchange says to re-open on March 15

Libya's stock exchange is to re-open on March 15, just over a year after the country's conflict forced it to close down, the head of the bourse said on Sunday. The exchange had previously said it would open at the end of February, but General Manager Ahmed Karoud said that was pushed back because of […]