Khartoum Stock Exchange
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The Khartoum Stock Exchange is the principal
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...
of
Sudan Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It borders the Central African Republic to the southwest, Chad to the west, Libya to the northwest, Egypt to the north, the Red Sea to the east, Eritrea and Ethiopi ...
. It is located in
Khartoum Khartoum or Khartum is the capital city of Sudan as well as Khartoum State. With an estimated population of 7.1 million people, Greater Khartoum is the largest urban area in Sudan. Khartoum is located at the confluence of the White Nile – flo ...
and its name is abbreviated to KSE. The principal
stock index In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perform ...
of the KSE is the Khartoum Index. While the KSE has been growing rapidly over the last few years and has 53 listed companies worth around 5 billion dollars, the stock exchange is open only one hour per day, Sunday through Thursday.Thompkins, Gwen,
Influence In Sudan Is Subtle, Complicated
, ''NPR'', July 29, 2008, Accessed July 29, 2008


History

The idea of KSE started in 1962 by Ministry of finance, bank of Sudan and
International Finance Corporation The International Finance Corporation (IFC) is an international financial institution headquartered in Washington, D.C. and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private ...
(IFC). On 1964 a department for government bonds was established within the Bank of Sudan for issuing bonds. In 1966 the first government bonds were issued with a par value of £S.15 million and ten years life. The 1982 Act to establish KSE did not succeed. However, a serious step was taken in 1992 to establish KSE which led to the formation of KSE’s board. It was in 1994 that KSE gained its independent legal entity after the endorsement of KSE Act. In 1994 the primary market activities started and the secondary market stated early in 1995. The classifications of listed companies began in 1999. In 2001 Shahama certificates were introduced in KSE. Khartoum index was declared in 2003. In 2007, KSE joined Africa Market Union.


See also

*
Economy of Sudan The economy of Sudan is largely based on agriculture and oil exports, with additional revenue coming from mining and manufacturing. GDP growth registered more than 10% per year in 2006 and 2007. Sudan had $30.873 billion by gross domestic produ ...
*
List of African stock exchanges There are 38 exchanges in Africa, representing 29 nations' capital markets. 22 of the 38 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egy ...
*
List of Mideast stock exchanges This is a list of Asian stock exchanges. In the Asian region, there are multiple stock exchanges. As of 2025, the top 10 major stock exchanges in Asia as per market capitalisation are listed below. * Shanghai Stock Exchange, China * Tokyo Stoc ...
*
List of stock exchanges A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ...


External links


Khartoum Stock Exchange


References

Economy of Sudan Stock exchanges in Africa Financial services companies of Sudan Companies based in Khartoum {{Sudan-stub