A record-breaking over 740 million kyat dropped in Yangon Stock Exchange (YSX) trading in February

Trading at the Yangon Stock Exchange (YSX) experienced a record-breaking drop of over 740 million kyat in February – the lowest since the exchange launched in March, 2016.

There are now five listed companies in the stock market after TMH Telecom Public Company was listed on January 26.

In January, stock trading among the five listed companies reached over 1.2 billion kyat, down more than 1.6 billion kyat from the same period last year.

In 2016, the total stock trading exceeded 70.74 billion kyat – over 24 billion kyat in March, 5 billion in April, 16 billion in May, 6 billion in June, 3.7 billion in July, 2.9 billion in August, 2.4 billion in September, 4 billion in October, 2.2 billion in November and 1.6 billion in December. Block trading amounted to 2.25 billion kyat.

Last year’s stock trading amounted to 22.13 billion kyat – over 2.8 billion in January, over 3.1 billion in February, 3.4 billion in March, 1.2 billion in April, 1.48 billion in May, 1.5 billion in June, 1.3 billion in July, 2.2 billion in August, 1.8 billion in September, 1 billion in October and 1.1 billion in each of November and December. Block trading hit 7.22 billion kyat.

The YSX-listed companies are: First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings Public Ltd (MTSH), First Private Bank (FPB), Myanmar Citizen Bank (MCB) and TMH.

(Eleven Media Group: http://www.elevenmyanmar.com/business/13517 )

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