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Libya Africa Portfolio welcomes the reopening of the stock market.

Pulbished on:

Tripoli, December 28, 2023 (LANA) - The Africa Investment Portfolio welcomed the reopening of the Libyan stock market, considering it a historic event that reflects the development of the Libyan economy and its movement forward.

 The Africa Investment Portfolio explained through its Facebook account that opening the stock market is an important step in promoting investment and promoting economic growth in Libya, noting that the market is an important means of supporting and enhancing investment and developing wealth through trading the shares of companies listed in it.

The institution added that the stock market contributes to strengthening the role of the private sector in the country and enhancing its position, and provides opportunities for individual and collective ownership. In addition, it contributes to diversifying the economy and developing it in an orderly manner under transparent supervision and oversight.

They expressed their confidence that the stock market will provide new and exciting opportunities for local and foreign investors alike, and this step will contribute to enhancing transparency and improving the ability to attract capital and provide liquidity to companies and financial institutions.

They also stressed that the stock market will be a strong catalyst for the development of the financial sector and enhance confidence in the Libyan economy, and will contribute to providing new job opportunities and enhancing economic and social stability in the country.

The portfolio called on all investors, companies and financial institutions to take advantage of this unique opportunity and participate in the development of the stock market.

..(LANA)..