What are the advantages of having a local stock exchange market?
I'm researching on Guinea-Bissau, and know that the BRVM Regional Stock Exchange is serving the country. But I wanna know exactly, why you will need a local stock market and the benefits of having one. Thnx to all.
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Answer by raysor
A local stock would not be quoted on the major stock exchanges due to cost and lack of liquidity. Who would be interested in a company operating in Guinea-Bissau, unless you lived there? There could be some local interest however.
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