fbpx

YSX, securities firms asked to beef up anti-money laundering compliance

The Yangon Stock Exchange (YSX) and six securities companies were requested by the regulator to beef up their compliance and disclosure in line with its anti-money laundering regulations. The Securities and Exchange Commission (SECM), in a May 18 announcement, identified “insufficient information collection and reporting procedures” for both the bourse and the firms in following […]

YSX sees more foreign trading, announces measures to draw more listings

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> The number of foreigners buying shares on the Yangon Stock Exchange (YSX) has been increasing since foreign trading was permitted for the first time in Myanmar last month. Buoyed by foreign purchases, activity on the local bourse has picked up despite the COVID-19 outbreak, YSX data showed. […]

Share prices fall on Yangon Stock Exchange

The value of shares traded on the Yangon Stock Exchange (YSX) in March has dipped to K1.42 billion compared with K1.48 billion recorded in February, despite an increase in trading volume, state media reported. The drop in total trading values last month is attributed to a fall in share prices. In January 2020, 196,836 shares […]

Myanmar’s stock market cracks open door to foreigners

YANGON — Foreign investors were allowed into Myanmar’s fledgling stock market on Monday, stoking hopes that the infusion of international funds will breathe new life into the country’s economy. “Myanmar’s economic reforms have taken longer than imagined, but they’re definitely advancing,” said Hideki Matsushita, a Japanese national who heads a local investment company. Matsushita has […]

Yangon Stock Exchange to open to overseas investors March 20

The exchange, known as the YSX, opened in March 2016 for trading only to Myanmar citizens. © Reuters YANGON — International investors will be able to invest in stocks listed on the Yangon Stock Exchange starting March 20, but the question lingers whether the thin liquidity on Myanmar’s only bourse will increase given the small […]

Myanmar logistics firm Ever Flow River Group to list on YSX in March

Ever Flow River Group Public Co (EFR) has received approval to list on the Yangon Stock Exchange (YSX) on March 20, according to an announcement by the local bourse on February 28. The listing, which will result in the sixth company on the YSX, is in accordance with Section 41(c) of the Securities Exchange Law […]

YSX firms disclose mixed prospects ahead of foreign participation

Companies listed on the Yangon Stock Exchange (YSX) announced mixed prospects for 2020, the year Myanmar is set to allow direct foreign ownership of equities listed on the bourse. The Securities and Exchange Commission of Myanmar announced last July that non-Myanmar individuals and locally-registered entities would be allowed to invest in listed shares of up […]

Three more companies expected to list on YSX next year

Three more companies are likely to get listed on the Yangon Stock Exchange (YSX) in 2020, according to the Securities and Exchange Commission of Myanmar (SECM). “The companies will be listed on the exchange in early 2020. They must file a prospectus with the SECM to receive approval for offering shares. The listing process takes […]

Stock Exchange Expo runs in Myanmar’s Yangon

YANGON, Sept. 1 (Xinhua) — Yangon Stock Exchange (YSX) Expo-2019 was held in Myanmar’s Yangon for the third time on Sunday. Deputy Minister U Maung Maung Win of Planning and Finance called for all stakeholders’ continued efforts to attract more investors, fully protect investors and ensure market quality. The expo aims to attract potential investors […]

FMI weighed down by lacklustre market

Overall market weakness is the reason why First Myanmar Investment Public Company Limited’s (FMI) shares have performed poorly on the Yangon Stock Exchange (YSX). The company, among five listed on the YSX, recently posted its full-year ended March 31, 2019 results. While earnings dropped by almost 42 percent to K14.4 billion for the 12 months […]