However, the modern form of capital markets, specifically the stock market, began to take shape much later. The history of the stock market dates back to the 1500s when it began taking shape in Antwerp and London. The initial trading activity mostly included government bonds and bank stocks until the official launch of the New York Stock Exchange in 1817, nineteen years before the New York Stock Exchange the London Stock Exchange was officially formed in1773, However, the London Stock Exchange restricted shares, and the New York Stock Exchange immediately traded stocks. Though Ethiopia’s Capital Market is its formulation stage, it would worth pointing out some of the pitfalls that investors/ market participants need to understand. It would be insightful to hear from the Ethiopian Capital Market Authority, if they are anticipating market concentration (banking institution) and if so, how they intend to deal with it.

Source: Ethiopian News June 24, 2024 18:08 UTC