World’s Youngest Stock Market Struggles in Myanmar

YANGON, Myanmar (AP) — The day’s trading is about to begin on the world’s youngest stock exchange, and the MYANPIX index and opening share prices flash across an electronic screen, but barely a footfall or a voice are heard within the cavernous, colonial era building in the bustling heart of Myanmar’s commercial capital. A gilded […]

Myanmar’s financial markets are slowly opening up

NAYPYITAW Naypyitaw’s famously empty hotels were busy for once on Sept. 13-14 as an annual investment forum drew more than 1,300 bankers and investors from around the world. Expectations for the country’s financial development are sky high, especially as the first civilian government in half a century is settling in. Reforms are happening slowly but […]

Myanmar citizens’ bank to float next month

NYAPYITAW, Myanmar – A private bank to enter Yangon’s stock market. Myanmar Citizens Bank will be the third listed company to begin trading on the stock market next month, according to the Yangon Stock Exchange (YSX). Thet Tun Oo, a Yangon Stock Exchange manager, said: “Myanmar Citizens Bank will be a listed on the YSX […]

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 to open to foreign investors

The Securities and Exchange Commission of Myanmar is preparing to allow foreign investors to access the new Yangon Stock Exchange and for local-foreign joint ventures to list, chair U Maung Maung Win said. An “appropriate” number of joint venture companies will be given permission to go public as soon as the new Myanmar Companies Act […]

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 […]

Second YSX listing delayed until May

The firm, which is expected to be the second to move its shares onto Myanmar’s new exchange, has not yet received approval from the YSX to list, said Kensuke Yazu, Myanmar representative for the Japan Exchange Group, which co-owns the stock exchange. First Myanmar Investment became the first firm to list on the exchange on […]

Yangon Stock Exchange 10 underwriter names leak

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The YSE will be launched on 9th Dec 2015. The name of the 10 firms that leaked out are: AYA Bank’s wholly owned subsidiary, AYA Trust Securities Company. Aya Bank is owned by U Zaw Zaw of Max […]