Stock trad­ing on YSX reaches all-time low in Oc­to­ber

YSX REACHES ALL-TIME LOW IN OC­TO­BER

Mizzima Business Weekly - - CONTENTS -

Stock trad­ing of four com­pa­nies listed on the Yan­gon Stock Ex­change (YSX) reached all-time low of ks1 bil­lion in Oc­to­ber since its es­tab­lish­ment, ac­cord­ing to monthly data re­leased by YSX on Novem­ber 6. The fig­ure plunged from Septem­ber’s trad­ing with es­ti­mated value of ks1.8 bil­lion. YSX failed to at­tract lo­cal stock traders even af­ter pub­lic­ity dis­cus­sions, expo and ed­uca­tive talks of stock mar­ket, state me­dia re­ported. A year and half old the YSX was bit­terly crit­i­cized with cool mar­ket and drop­ping share prices of listed com­pa­nies. Cur­rently, four com­pa­nies - First Myanmar In­vest­ment (FMI), Myanmar Thi­lawa SEZ Hold­ings (MtSH), Myanmar Cit­i­zens Bank (MCB) and First Pri­vate Bank (FPB) are cur­rently trad­ing their shares on YSX.

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