The value of traded stocks on the ysx last month hit a high of ks1. Kbzsc is one of the leading firms in underwriting, dealing, broking and investment advisory on the yangon stock exchange in myanmar. The myanmar stock price index myanpix has jumped almost 18% over the past. Yangon stock market opens, but no trading until march. A few companies, such as yoma strategic holdings, have successfully listed on the singapore exchange via reverse takeover. Dec 08, 2015 myanmar opens stock exchange as rehabilitation continues. Among the bourses five listees are banks, investment companies and a real estate developer. Ysx invites logo design from myanmar citizens and the winning design would become the ysx official logo. When the myanmar security exchange commission er announced that applications to conduct business on the yse, at least 150 compa nies bought application form which. Shareholding pattern for june 30, 2015 announcement. What do traders at myanmars stock exchange do all day. Myanmar an insight into the yangon stock exchange, foreign.
Six companies to trade on yangon stock exchange the. The yangon stock exchange opened in 2015, yet only has a market cap of. The securities and exchange commission of myanmar has yet to award securities companies with licences to operate on the ysx. Yangon stock exchange ysx logo design competition myanmar. The exchange is jointly owned by japan and myanmar and has authorized capital of 30. The yangon stock exchange has tried to push for higher standards by asking applicants to appoint compliance officers and set up systems to prevent insider trading, but.
On july 12, 2019, the securities and exchange commission of myanmar issued notification 12019, which announced that foreign individuals. As of late 2014, the building was under renovation. Fmi stock could list at 26,000 kyats on yangon stock exchange. Myanma economic bank on december 23 signed an agreement to establish the yangon stock exchange, which is set to be opened late 2015. We accept internet payments via paypal, bitcoin, and perfect money. Myanmars yangon stock exchange yse on track for 2015 launch. Opportunities and challenges ahead for yangon stock exchange.
Six companies to trade on yangon stock exchange the myanmar. Myanmars stock market cracks open door to foreigners. Five things you need to know about the yangon stock. The yse is set to open october 2015, after the government passed the. Looking like a giant vault, this monumental neoclassical structure was originally built in 1937 to house the reserve bank of india. A total of six companies have been approved to list on the new stock. Trading on myanmars new exchange has launched, with only a single stock appearing on the board. Representatives from daiwa securities group myanmar branch noted that yangon stock exchange yse will start in 2015. At the last close on aug 4, the myanmar stock price index myanpix, which. We are the firstever modern stock exchange in myanmar and stock trading at ysx has started from 25th march 2016. Six companies have been approved to list on yangon s new stock exchange, with trading expected to begin in february or march next year, officials said at the launch of the bourse today. On 23 december 2014, two japanese firms, daiwa institute of research, the research arm of daiwa securities group and japan exchange group.
Invest to earn in the most profitable web shares on the market. A total of six companies have been approved to list on the new stock exchange, with trading expected to begin in february or march next year. The yangon stock exchange was originally scheduled to open in october 2015 but is now not expected to launch until after myanmars general elections in november 2015. Trading on the yangon stock exchange ysx opened march 25 with a single firm first myanmar investment fmi, a holding company operating in the financial services, real estate and health care sectors, debuting on the exchange fmi did not issue any new shares in its float, instead. May 24, 2016 trading on myanmars new exchange has launched, with only a single stock appearing on the board. Myanmar unveiled a new stock exchange in its largest city on wednesday, but there wont be. Yangon, myanmarat the yangon stock exchange, or ysx as its known, a cable television crew turns up every day to provide a rundown of the days trading. After the democratic opposition won a landslide election victory in the general parliamentary elections in. Struggling myanmar stock market gears up for more listings yangon exchange counts on new law to lure foreign investors and more liquidity yuichi nitta, nikkei staff writer june 06, 2018 16.
The exchange, a 5050 joint venture between the stateowned myanma economic bank and the daiwa securities group, currently lists only two securities, both of which are rarely traded. In july 2015 i took a trip to visit myanmar and brought along my slr camera and the drone. Kyaw hsu mon the irrawaddy kyaw hsu mon is senior business reporter at the english edition of the irrawaddy. Yangon stock exchange closer to reality the myanmar times. This workshop focuses on the practical side of an ipo deal. The blue plaque at ysx marked yangon heritage trusts 18 th plaque. Yangon stock exchange, ysx, is myanmars sole stock exchange and this page is ysxs official facebook page. There are also information on thein byu main money exchange counter tpmcc and two of farmers money exchange counters. Deputy minister u maung maung win of planning and finance called for all stakeholders continued efforts to attract more investors, fully protect investors and ensure market quality. Money exchange counters in yangon living irrawaddy. In december 2015 it became the home of the yangon stock exchange, which at the time of research had five listed companies.
Yangon stock exchange releases listing rules information. The ysx officially opened on dec 9, 2015, almost ten years after the myanma economic bank meb and japans daiwa institute of research dir established a goal of starting the countrys first stock exchange in 1996. July saw the highest trade so far this year at the yangon stock exchange or ysx, according to local media. Myanmar unveiled a new stock exchange in its largest city on wednesday, but there wont be any trading until march at the earliest.
At the forefront has been the much anticipated yangon stock exchange ysx, which is set to launch in late 2015. It is slated to host the yangon stock exchange, which is currently being set upin a twist of historywith japanese help. Before it revolutionizes stock markets as we know them, the decentralized digitalledger technology faces a few obstacles, such as scalability and regulation, but those in the know are barely. The yangon stock exchange was founded in december 2015 and opened in march 2016. The yangon stock exchange opened in december 2015 with three traded companies. Companies prepare for yangon stock exchange listings next year. Myanmar was thus the last mainland southeast asian country to do so. The yangon stock exchange, a joint venture between stateowned myanmar economic bank, japans daiwa securities group and the japan exchange group, opened wednesday. Struggling myanmar stock market gears up for more listings. May 16, 2017 the splendid neoclassical style yangon stock exchange ysx received the commemorative yangon city heritage blue plaque on 16 may 2017. Establishment of yangon stock exchange business setup unit jpx.
On 7th october 2015, kbzsc was awarded the underwriter license issued by the government of the republic of the union of myanmar, ministry of finance to carry out the business of underwriting, dealing, broking and investment advisory on the yangon stock exchange. The effort to open yse is fully supported by myanmar government with assistance of daiwa securities. Myanmars smes could be backbone of new yangon stock exchange. The myanmar securities exchange centre msec, located in yangon, myanmar, is the countrys only stock exchange. The yangon stock exchange the stock exchange is slated to open in october 2015, at the former central bank of myanmar and myawaddy bank headquarters. None of them has raised new capital, and trading is dominated by small investors, many of whom buy stock for less than.
Last week, three asian stock exchanges proved more interesting than. Since its debut however, trading volumes on the ysx have fallen significantly. How stock exchanges are utilising blockchain technology. Yangon stock exchange was formally opened on december 9, 2015, at the office of the former myawady bank headquarters situated on the corner of merchant and sule pagoda streets. In 20, a securities and exchange law was passed by the government.
Allowing foreign investment in the yangon stock exchange is good. And in middecember 2015, the yangon stock exchange ysx was formally opened. Yangon stock exchange investors club has 34,694 members. Asian stock exchanges are getting ahead of themselves. Myanmar opens stock exchange as rehabilitation continues. We went to yangon and then to see the temples of bagan stock footage. Five things you need to know about the yangon stock exchange. Feb 21, 2017 now a year old, the yangon stock exchange is home to just four companies. Mar 23, 2016 yangon stock exchange was formally opened on december 9, 2015, at the office of the former myawady bank headquarters situated on the corner of merchant and sule pagoda streets. Rangoon the yangon stock exchange ysx is expected to begin shares trading by the second week of march, with dryrun testing already underway, an official from the securities exchange commission of myanmar secm told the irrawaddy on monday. Blockchain is moving beyond cryptocurrency exchange into the worlds most progressive stock exchanges, which are optimistic about the technologys potential to cut cost, enhance speed and reduce risk. Deputy minister u maung maung win of planning and finance called for all stakeholders continued efforts to attract more investors, fully. Asian stock exchanges are getting ahead of themselves nikkei. Yangon stock exchange sees highest trade in july mizzima.
The mini mum amount of shares an inves tor is able to buy or sell is one share 3. Yangon stock exchange yangon, myanmar burma attractions. Dec 09, 2015 myanmars smes could be backbone of new yangon stock exchange. Already there is substantial interest but few players are actually entering the market. Trading on the yangon stock exchange ysx opened march 25 with a single firm first myanmar investment fmi, a holding company operating in the financial services, real estate and health care sectors, debuting on the exchange. None of them has raised new capital, and trading is dominated by small investors, many of.
One part of that process is a slowly increasing financialization as indicated by the new yangon stock exchange ysx set to begin trading operations in late 2015. The myanmar stock price index is up almost 25% ytd we do not normally highlight shortterm big moves in local markets given how volatile frontier markets can be, but the move in myanmars yangon stock exchange is worth monitoring at the moment. Money exchange counters in yangon all of cb bank, uab bank, agd bank, ayeyarwaddy bank this is a complete list of all money exchange counters and bank branches of cb bank, uab bank, ayeyarwaddy bank, agd bank. Yangon exchange group welcome to online stock exchange. To prevent too much volatility in stock prices, the ysx sets a dai ly upper and lower price limit for the shares of all the companies listed on the exchange. And even while the bubbly was still fizzing another company was eyeing a listing. Unlike construction of its new hanthawaddy airport, myanmars first stock exchange in more than 50 years, the yangon stock exchange yse, is mostly on track for the planned 2015 launch, despite a few major obstacles. The asiabased yangon stock exchange ysx opened friday with a single listing, fulfilling a. The splendid neoclassical style yangon stock exchange ysx received the commemorative yangon city heritage blue plaque on 16 may 2017. The yangon stock exchange, expected to open by october 2015, will be run by yangon stock exchange jointventure company limited, a joint venture company with myanma economic bank 51%, the daiwa institute of research ltd of the daiwa securities group 30. Japans daiwa institute of research and japan exchange group, the operator of the tokyo stock exchange, are. Sep 05, 2015 in july 2015 i took a trip to visit myanmar and brought along my slr camera and the drone. This grandiose building is unique in yangons cityscape and well placed in all senses to serve a financial function in the future.
Six companies to trade on yangon stock exchange six companies have been approved to list on yangons new stock exchange, with trading expected to begin in february or march next year, officials said at the launch of the bourse today. Now a year old, the yangon stock exchange is home to just four companies. Companies prepare for yangon stock exchange listings next year december 16, 2015 by thiha preparations are underway for the first companies to attempt a listing on the yangon stock exchange early next year, though progress is slower than expected, as only the name of one securities company has so far been announced. Five things you need to know about the yangon stock exchange ysx. Dec 16, 2015 companies prepare for yangon stock exchange listings next year december 16, 2015 by thiha preparations are underway for the first companies to attempt a listing on the yangon stock exchange early next year, though progress is slower than expected, as only the name of one securities company has so far been announced. Yangon stock exchange seeks foreign investor interest. And, the moment foreign investors had been waiting for is almost here. First private bank ltd to list on yangon stock exchange. Six companies have been approved to list on yangons new stock exchange, with trading expected to begin in february or march next year, officials said at the launch of the bourse today. Yangon stock exchange ysx begins trading with only a. Local underwriters have been appointed and there are an estimated 1012 local companies looking to list soon, with more expected to follow suit. Yangon stock exchange on track for march trading debut.
First private bank ltd to list on yangon stock exchange basf to produce cement and construction materials at new facility in myanmar myanmar agribusiness public corporation announces details of new industrial zone ministry of natural resources and environmental conservation issues new largescale mining permits apr energy extends contract on 102mw kyaukse power plant project all nippon airways. This overthecounter otc market is planned to be replaced by the yangon stock exchange by 2015. The yangon stock exchange, expected to open by october 2015, will be run by yangon stock exchange jointventure company limited, a joint venture company. If they could publicize more about the ysx stock market, if they could inform both urban and rural areas, then this market could boom soon, he said. It is expected that 3 to 5 companies will be listed in yse within the first 6 months. Myanmars smes could be backbone of new yangon stock. Wednesday, december 09, 2015 mail yangon myanmars first official bourse the yangon stock exchange ysx opened on wednesday with six listed public local companies whose shares will not be traded till march, securities and exchange commission myanmar secm chair dr.
Located on the corner of sule pagoda road and merchant road, the building was originally designed to house the reserve bank of india and completed in march 1939. Jun 05, 2016 the yangon stock exchange has tried to push for higher standards by asking applicants to appoint compliance officers and set up systems to prevent insider trading, but without stringent regulation. The yangon stock exchange ysx recently had a few champagne moments with the first real initial public offering by a myanmar telecom company. Although the yangon stock exchange yse is not scheduled to open until 2015, myanmars nascent overthecounter otc equities market has recently drawn foreign investor interest. This is the worlds tiniest stock exchange bloomberg. Yangon stock exchange investors club public group facebook. On 9 december 2015, myanmar launched the yangon stock exchange. Fmi 00001 mtsh 00002 mcb 00003 fpb 00004 tmh 00005 watch list.
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