Port Moresby Stock Exchange

Port Moresby Stock Exchange is the largest stock exchange in Papua New Guinea. It is located in Port Moresby and was founded in 1999. Your name is abbreviated as " POMSoX ".

The Papua New Guinea government decided in 1994 to establish its own stock exchange. The financing of the company was the state central bank, the Bank of Papua New Guinea transfer 1996. After 1997, the legal framework was created by the Companies and Securities Act, the Exchange operation on 28 April 1999 was recorded.

POMSoX with its terms and conditions is closely related to the Australian Stock Exchange.

Were the end of 2009, with a total turnover of 75 million Kina, which is about 20 million euros ( November 2010), 20 companies listed on that exchange. The listed with the largest market capitalization company is the internationally positioned Oil Search, based in Port Moresby, the capital of the country.