Foreign investors have purchased over 38,900 shares in listed companies on Yangon Stock Exchange (YSX)

Foreign investors have purchased over 38,900 shares of three listed companies on the Yangon Stock Exchange (YSX) over the past three months, according to the statistics released by the exchange, state media reported.

The Securities and Exchange Commission of Myanmar (SECM) has allowed foreigners to invest in the local equity market from 20 March 2020.

At present, shares of six listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB), TMH Telecom Public Co. Ltd, and Ever Flow River Group Public Co., Ltd (EFR) — are available for local investors for trading. Of them, FMI, MTSH and EFR accepted foreign shareholding, and FPB is for block trade only.

As of 10 July, foreigners hold over 5,700 shares of FMI, over 27,800 shares of MTSH and 5,380 shares of EFR.

(Mizzima: http://www.mizzima.com/article/foreign-investors-purchase-over-38900-shares-listed-companies-ysx )

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