Libyan Stock Market

The Libyan Exchange Stock Market (Arabic: سوق المال الليبي) officially opened in Tripoli, Libya, during March 2007.

[1][full citation needed] The Libyan Stock Market (LSM) was established 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.

[2] A cooperation agreement was signed on 18 October 2007 by the Chairman of Administration and General Director of the Committee for Libyan Stock Exchange Market and the Director of the London Stock Exchange.