Yan­gon Stock Ex­change to go on­line this year

Southeast Asia Globe - - Agenda / Business In Brief -

The fledg­ling Yan­gon Stock Ex­change (YSX) will move on­line this year in a move to at­tract more in­vestors and stim­u­late growth.

Htay Chun, a mem­ber of the Myan­mar Se­cu­ri­ties and Ex­change Com­mis­sion, said the bourse has re­ceived lit­tle in­ter­est due to com­pa­nies per­form­ing be­low ex­pec­ta­tions. “Most ac­tiv­ity in­volves traders mov­ing ex­ist­ing shares to and fro rather than new com­pa­nies emerg­ing or is­suances of new shares,” he said.

The shift to an on­line trad­ing plat­form is also meant to of­fer more ef­fi­cient trans­ac­tions and greater pro­tec­tion through a se­cure trad­ing sys­tem.

A screen at the Tokyo stock ex­change

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