Yangon Stock Exchange hits a low in August
The value of shares traded on the Yangon Stock Exchange (YSX) in August sank to the lowest level of MMK 747 million this year, according to YSX’s monthly report and the Global New Light of Myanmar. The trading volume also plunged to an eight-month
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
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
