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Online stock trading system planned for December launch

With the aim of increasing stock trading value at the Yangon Stock Exchange (YSX), the Myanmar Securities Exchange Supervisory Commission is putting final touches on a plan to introduce an online stock trading system in December, said commission member Htay Chun, at the December 6 Myanmar Investment Development Forum held at the IBC in Yangon. […]

FDI companies can trade on YSX

When the new Myanmar Companies Act emerges, a system to allow companies with foreign investment to list on the Yangon Stock Exchange, will be established, said U Htay Chun, a member of Myanmar Securities Exchange Supervisory Commission to Myawady Daily newspaper, yesterday. “Foreigners are unauthorized to participate in stock trading on YSX under existing Myanmar […]

Stock Exchange Not ready for Open Market

​​ Htay Chun, a member of the Myanmar Securities Exchange Supervisory Commission said the country is not in a position to establish an over-the-counter market for public companies which are not included on the Yangon Stock Exchange (YSX). There was a widespread criticism that the selling of shares by some public companies without an over-the-counter […]

YSX Capitalisation Reaches $597m

​​ Market capitalisation at the Yangon Stock Exchange has reached US$597 million and trading value is US$3.4 billion, higher than in Vietnam and Laos after a year of trading, said Maung Maung Win, deputy minister for planning and finance and chair of the Myanmar Securities Exchange Supervisory Commission. The YSX opened on March 25 last year. There are four listed companies so far on the YSX. Indonesia’s stock exchange was launched in 1977 and it had only one listed company one year after the launch. He said the […]

Stock Exchange Ready to Trade Online

​​ Thet Tun Oo, a Yangon Stock Exchange (YSX) manager, says the Securities and Exchange Commission of Myanmar (SECM) is testing online trading. The six securities companies officially licensed by the SECM were ready to start when official permission was given, he added. “The public is calling for the online trading. It’s up to the […]