The performance of Libyan stock market
The objective of this paper is to answer the following question:. To what extent Libyan stock market developed to contribute to economic growth in Libya? This can be evaluated by using many financial indicators, these include stock market size, activity and efficiency, as well as the study including...
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| Format: | Article |
| Language: | English |
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Mendel University Press
2012-01-01
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| Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| Subjects: | |
| Online Access: | https://acta.mendelu.cz/60/7/0027/ |
| _version_ | 1811315103201492992 |
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| author | Atiya Aljbiri |
| author_facet | Atiya Aljbiri |
| author_sort | Atiya Aljbiri |
| collection | DOAJ |
| description | The objective of this paper is to answer the following question:. To what extent Libyan stock market developed to contribute to economic growth in Libya? This can be evaluated by using many financial indicators, these include stock market size, activity and efficiency, as well as the study including the regulatory framework, and information technology (IT) set in place by the market authorities. However, descriptive and comparative method was used. The results indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still have very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. In the end of this paper was its conclusion a set of recommendations that can be used in developing a program that aims to speed the development of Libyan stock market and increase its efficiency. |
| first_indexed | 2024-04-13T11:24:18Z |
| format | Article |
| id | doaj.art-55c4dd14162247519c9b3269a119804d |
| institution | Directory Open Access Journal |
| issn | 1211-8516 2464-8310 |
| language | English |
| last_indexed | 2024-04-13T11:24:18Z |
| publishDate | 2012-01-01 |
| publisher | Mendel University Press |
| record_format | Article |
| series | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
| spelling | doaj.art-55c4dd14162247519c9b3269a119804d2022-12-22T02:48:45ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102012-01-01607273810.11118/actaun201260070027The performance of Libyan stock marketAtiya Aljbiri0Department of Finance, University of Tripoli, Faculty of Economics, Tripoli – LibyaThe objective of this paper is to answer the following question:. To what extent Libyan stock market developed to contribute to economic growth in Libya? This can be evaluated by using many financial indicators, these include stock market size, activity and efficiency, as well as the study including the regulatory framework, and information technology (IT) set in place by the market authorities. However, descriptive and comparative method was used. The results indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still have very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. In the end of this paper was its conclusion a set of recommendations that can be used in developing a program that aims to speed the development of Libyan stock market and increase its efficiency.https://acta.mendelu.cz/60/7/0027/Libyan stock market (LSM)performanceTurnover ratioLiquidity ratioinformation technology (IT)Arab stock markets |
| spellingShingle | Atiya Aljbiri The performance of Libyan stock market Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis Libyan stock market (LSM) performance Turnover ratio Liquidity ratio information technology (IT) Arab stock markets |
| title | The performance of Libyan stock market |
| title_full | The performance of Libyan stock market |
| title_fullStr | The performance of Libyan stock market |
| title_full_unstemmed | The performance of Libyan stock market |
| title_short | The performance of Libyan stock market |
| title_sort | performance of libyan stock market |
| topic | Libyan stock market (LSM) performance Turnover ratio Liquidity ratio information technology (IT) Arab stock markets |
| url | https://acta.mendelu.cz/60/7/0027/ |
| work_keys_str_mv | AT atiyaaljbiri theperformanceoflibyanstockmarket AT atiyaaljbiri performanceoflibyanstockmarket |