The trade on the Yangon Stock Exchange (YSX) continues downward trend since 2018 due to a lack of interest from the public

Trading of the five listed companies on the Yangon Stock Exchange (YSX) reached over K1.2 billion in July. A slight drop of around K1 million compared to June according to the monthly report issued by the Yangon Stock Exchange.

Trading on the Yangon Stock Exchange has been decreasing since 2018, due to a lack of interest from the public. However, the exchange saw a glimmer of hope in May when it surged to over K1.4 billion.

Among the five listed companies, shares of First Myanmar Investment Public Company (FMI) and Myanmar Thilawa SEZ Holding (MTSH) received the most amount of trading.

The combined trading of Myanmar Citizen Bank, First Private Bank, and TMH Telecom Public Company was over K140 million, according to the Yangon Stock Exchange.

At the opening bell on August 19, shares of FMI were trading at K12,000; shares of MTSH were at K4,200, shares of Myanmar Citizen Bank (MCB) were at K8,400, shares of First Private Bank (FPB) were at K26,000, and shares of TMH were at K3,200.

The Yangon Stock Exchange opened in December 2015, with K32 billion; Daiwa Institute owns 30.5 percent, Myanma Economic Zone own 51 percent and Japan Exchange Group owns 18.6 percent.

The exchange will be closed for holidays on Friday, October 11, 2019; Tuesday, October 15, 2019; and Tuesday, November 12, 2019.

If you wish to learn more about trading on the YSX, you can visit their website https://ysx-mm.com which has helpful information on getting started.

(Myanmar Business Today: https://www.mmbiztoday.com/articles/yangon-stock-exchange-continues-downward-trend )

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