Daily stock trading at Yangon Stock Exchange (YSX) is up by 42 percent since 30 March 2018 when YSX increased stock trade matching times from two to four a day

The average daily stock trading at Yangon Stock Exchange amounted to around Ks- 57 million, a 42-per-cent increase, after the YSX has increased stock trade matching times from two to four a day, said Min Thu, senior manager of Yangon Stock Exchange at a press conference on May 15.

“In the past, the average daily stock trading amounted to over Ks-39 million. Since March 30, the YSX has increased stock trading times to four,” he added.

The average number of stock shares has increased from 6,761 to 9,251 a day, up over 37.6 per cent.

The stock trading at the YSX decreased from Ks-70.7 billion in 2016 and Ks-22.13 billion in 2017.

The stock trading in January hit over Ks-1.2 billion, a record low of over Ks-0.74 billion in February, over Ks-0.78 million in March, over Ks-0.87 million in April. The average stock trading is about three times lower than that in the same period last year.

In a bid to increase the number of listing companies and help companies become listed, the YSX plans to hold listing promotion seminar on June 5 and has formed a special task force with the help of listing consulting division and the Japan International Cooperation Agency (JICA).

(Eleven Media Group: http://www.elevenmyanmar.com/business/13931 )

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