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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 […]

Maha Bawga reveals plans to list on local bourse in future

Maha Bawga Finance Co is in the process of changing its statuswith a series of preparations within the company, Daw Pan Pa Pa, financial controller to the company, told The Myanmar Times. Maha Bawga is a non-bank financial institution licensed by the Central Bank of Myanmar (CBM). The company is changing its status as it […]

Shares on YSX reach five-month high

Stock trading of 275,325 shares by five companies listed on the Yangon Stock Exchange (YSX) in May reached a five-month high of K1.4 billion, according to YSX monthly report, state media reported. The figure doubled over last month’s record of K506 million with 102,682 shares; while trading value in January was registered at K526 million […]

Logistics player Ever Flow River to list on YSX this year

Ever Flow River Group Public Company (EFR Group), which provides logistics services in Myanmar, wants to list on the Yangon Stock Exchange (YSX) this year, its chair, U Kyaw Lwin Oo, told The Myanmar Times. If successful, it will become the sixth company to list on the bourse since its launch in 2016. EFR Group […]

Myanmar’s exchange takes its time learning to walk

Three years after it was founded, Yangon Stock Exchange is marooned, which doesn’t augur well for developing the capital markets. Myanmar’s stock exchange could hardly be in a better location. The imposing stone building commands a corner on one of downtown Yangon’s busiest intersections and was originally the central Reserve Bank of India’s branch when […]

Bid to establish Myanmar derivatives market begins

THOUGH Myanmar’s stock market is yet to be very active due to a lag in investor interest, another move is now under way to set up a derivatives market in the nation, according to a workshop held at the Yangon Stock Exchange (YSX) yesterday. Min Htike Aung, managing director of New World Financial Group, said […]

Reset capital market, allow foreign competition to unleash growth: leaders

Foreign investor interest in Myanmar appears to be waning at a time when the global economy is losing momentum, if recent data is anything go by. As such, a hard reset of the local capital market is needed to ensure the business environment remains friendly to existing firms and entrepreneurs, as their survival and growth […]