Rumors of Foreign Investors Soon Accessing YSX Quashed

RANGOON — Foreign investors will be unable to buy shares on the Yangon Stock Exchange (YSX) as long as the Myanmar Companies Act is not amended, a senior YSX official said, dispelling rumors that shares trading would open up to foreigners this week. Earlier this week, misleading news apparently spread after Maung Maung Win, chair […]

Shareholder structure could limit Thilawa share price

The share price of Myanmar Thilawa SEZ, one of two companies listed on the Yangon Stock Exchange, may be held back due to its shareholder structure, according to a recent research paper. MTSH became the second firm to list on the Yangon Stock Exchange last month, pricing its shares at K40,000. The stock closed at K57,000 yesterday, […]

Yangon Stock Exchange needs more time to succeed, experts say

THERE IS a long way to go for the Yangon Stock Exchange (YSX), which opened for trading late March, to achieve success and sustainability, capital market experts said at a panel discussion during the Myanmar Business Leaders’ Inaugural Summit last week, Aung Htun, managing director of Myanmar Investments International, an investment holding company listed on […]

Daiwa and ACE team up to provide security and technology for YSX

Japanese technology company Daiwa Securities Group will team up with the Myanmar- based ACE Date Systems in providing security and technological assistance to the nascent Yangon Stock Exchange (YSX), the exchange has announced. “Daiwa and ACE are collaborating to implement a security system for the exchange high-standard technology,” said U Thet Htun Oo, executive senior […]

YSX needs institutional investors, say industry figures

The Yangon Stock Exchange needs larger and more experienced investors to start trading as its current buyers lack experience, industry sources said at an Oxford Business Group capital market debate last week. The individual traders dominating the new bourse – also called retail investors – are poor at assessing a company’s financial health, analysing cash […]

Sales of FMI shares fall by over 90 per cent

THE price of First Myanmar Investment (FMI) shares on the nascent Yangon Stock Exchange (YSX) continued to depreciate in value to K27,000 per share, while the buying and selling of shares has fallen by 94 per cent, according to a statement by the YSX. By 25 March, FMI had sold a total of over 100,000 […]

FMI increases capital to Yoma Bank

First Myanmar Investment (FMI) has increased its capital contribution to its subsidiary Yoma Bank by almost K9.6 billion, after accepting a loan facility from Bangkok Bank, said a company announcement yesterday. FMI, owned by businessperson Serge Pun, is the first and only company to list on the Yangon Stock Exchange and owns a 51 percent […]

Daiwa liquidates advisory subsidiary

A subsidiary of Daiwa Securities called Myanmar Corporate Strategic Advisory will be liquidated in order to allow the Japanese group to focus on its role as an underwriter and broker on the Yangon Stock Exchange, a company official said yesterday. MCSA, which is fully owned and controlled by Daiwa Securities Group, has been operating as […]

No longer a backward nation’: Myanmar launches first stock exchange

The bourse is currently open only to domestic investors and firms, although there are plans to allow foreign involvement in the future. Myanmar launched its first stock exchange with just one listed company on Friday, with hopes the move could aid the country’s economic rise as it emerges from decades of isolationist military rule. The […]

Myanmar investors swot up for new bourse

YANGON – Inside the graceful halls of Myanmar’s first modern bourse business leaders crowd into a crash course on sharetrading, as the former junta-run country takes another leap towards economic revitalisation. Rangoon Stock Exchange (YSX) is due to debut its first listed company on Friday, just days before a new civilian government overseen by Aung […]