Capital Markets

PNG Capital Markets 2012
With only 20 firms listed, the Port Moresby Stock Exchange (POMSoX) is subject to volatility, but market capitalisation is on an upward growth trend. Like the country’s formal economy, the bourse is dominated by mining and energy firms, along with related sectors like financial services and transport. PNG also has a thriving primary bond market, driven by commercial banks purchasing T-bills and C-bills with a short-term maturity. The government is working with POMSox to develop a secondary bond market for these instruments, which could boost PNG’s international credit rating and make it more attractive as an investment destination. This chapter features interviews with Geoff Mason, General Manager, Port Moresby Stock Exchange (POMSoX); and Ian Mason, General Manager, BSP Capital.
Cover of The Report: Papua New Guinea 2012

The Report

This chapter is from the Papua New Guinea 2012 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Geoff Mason, General Manager, Port Moresby Stock Exchange (POMSoX)
OBG talks to Geoff Mason, General Manager, Port Moresby Stock Exchange (POMSoX)

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart