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Libya’s Stock Market To Restart Trading

Libya’s stock market will resume trading next month.

Libya’s stock market will resume trading next month, AlertNet reports, citing Reuters. Trading has been suspended since February 17, when the uprising against Libyan leader Muammar Gaddafi began. The market used to operate in Tripoli and Benghazi simultaneously.

As of now, there are only 12 companies listed on the exchange and the trading volumes are also small. The exchange, which featured mostly banks and insurance companies, had a nominal capitalization of $3.152 billion on the day the trading was halted.

Click here for the story from AlertNet.

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