• February 2, 2026
  • libyawire
  • 0

Benghazi, January 27, 2026 – The stock market index closed Tuesday’s trading session with a slight decline, influenced by the negative performance of the banking sector. The session was characterized by relative calm in terms of trading volume and value, with no notable movements in other listed sectors.

The general index recorded a decline of 0.09 percent, losing 1.04 points from its value to close at 1,116.74 points. This decline was a direct result of the drop in Al Jumhouria Bank’s stock, which was the only declining stock during today’s session. It fell by 2.07 percent to close at 7.10 Libyan dinars, putting clear pressure on the performance of the general index.

In contrast, the rest of the traded stocks maintained their stability with negligible changes in closing prices. The stock of the Libyan Islamic Bank stabilized at 171.28 dinars, while the stock of Al Wahda Bank closed at 14.25 dinars.

In the financial services sector, the stock of the Libyan Stock Market Company saw very limited trading, with a volume of only six shares, stabilizing the stock price at 29.40 dinars.

Regarding the session’s indicators, the total trading value reached 26,520,710 Libyan dinars, while the trading volume amounted to 2,753 shares, executed through only 6 transactions. The total market capitalization of the market stabilized at approximately 10.98 billion Libyan dinars.

According to the summary of company performance, no company recorded price gains during the session, compared to the decline of one company and the stability of three other companies. Meanwhile, the insurance sector was absent from the executed trades despite its shares being offered in the market.

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Benghazi

Benghazi is a major city in eastern Libya, historically significant as a key Mediterranean trade hub dating back to ancient Greek times when it was founded as Euesperides. It later served as the provisional capital of Libya following the 2011 revolution and has been a central site in the country’s modern political conflicts.

Al Jumhouria Bank

Al Jumhouria Bank is a major commercial bank in Libya, originally established in 1969 as the National Agricultural Bank. It was later renamed and restructured to become a key financial institution supporting both public and private sector development across the country.

Libyan Islamic Bank

The Libyan Islamic Bank is a financial institution established in accordance with Islamic Sharia principles, operating within Libya’s banking sector. It was founded to provide Sharia-compliant banking services, reflecting a modern development in the country’s financial history following the growth of Islamic finance globally.

Al Wahda Bank

Al Wahda Bank is a major commercial bank in Libya, founded in 1970 as a state-owned institution to support national development and economic unity. It has played a significant role in the country’s financial sector, though its operations have been impacted by periods of political instability and conflict.

Libyan Stock Market Company

The Libyan Stock Market Company, established in 2006 in Tripoli, operates as the nation’s primary securities exchange. It was founded to help develop Libya’s financial markets and diversify its oil-dependent economy by facilitating capital raising for companies and investment opportunities.

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