YSX suspended, dives on reopening

YSX suspended, dives on reopening

Trading on the Yangon Stock Exchange was suspended Monday and Tuesday following the military coup. When it reopened on Wednesday, the benchmark index fell 26.47, or 6%, to 417.25 from its previous close on Jan. 29, the first time since April 2020 the
Modern industrial hub “Yangon Amata Smart & Eco-City” project kicks off

Modern industrial hub “Yangon Amata Smart & Eco-City” project kicks off

In the very last days of 2020, Yangon Amata Smart and Eco City, a new “modern industrial hub”, held its groundbreaking ceremony in presence of many officials including Yangon Region’s Chief Minister, Thailand’s Ambassador to Myanm

YSX to add four new companies this year

The Yangon Stock Exchange will soon add a seventh company, Amata Holding, to its bourse, but three more are planned for this year, YSX executive senior manager U Thet Tun Oo told Bloomberg. He added that as many as 30 are in consideration as the exch
Myanmar to open up Yangon stock exchange to foreign investments

Foreigners purchase 38,900 shares on YSX

Foreigners have purchased over 38,900 shares of companies listed on the Yangon Stock Exchange (YSX) during the three months since foreigners were allowed to make trades, state media reported. Of the six companies on the YSX bourse, three are open to

SEC predicts rapid recovery

Despite a trading downturn during the COVID-19 crisis, the Securities and Exchange Commission believes capital markets will make a swift recovery when the pandemic dies down. Speaking to the Bangkok Post, SEC commissioner U Htay Chun said his organiz
Myanmar to open up Yangon stock exchange to foreign investments

Pandemic stalls stock exchange reform

In March, the Yangon Stock Exchange opened to foreign traders and announced that it would add a sixth company to its bourse. Yet the subsequent COVID-19 pandemic has driven away new investors and sent stock prices into a nosedive. “After two tradin