Thursday 12 July 2012

Sudan bourse gets boost from Gulf Arab Investors | Reuters

Sudan expects trading volumes on its small stock market to double this year because of the interest of Gulf Arab investors since it launched computer-based trading, the head of the Khartoum Stock Exchange said on Thursday.

In January, the Khartoum bourse set up, with Oman's help, an electronic trading system that ended the writing of bond and stock prices on white boards in a stuffy room in the heart of the Sudanese capital.

The new trade system has better linked the bourse, founded in 1995, to Gulf Arab bourses such as Dubai or Muscat.

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