September 24, 2017

Stock trading on YSX valued at lackluster Ks1.5 billion in June

Yangon Stock Exchange in progress.  Photo: Phoe Khwar

THE FOUR companies listed on the Yangon Stock Exchange (YSX) traded shares with an estimated value of Ks1.5 million in June, continuing a downward trade volume trajectory, according to data released by YSX.
First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB) and FPB are currently trading their shares on YSX.
FMI traded shares worth Ks 24 billion on YSX in March and Ks5.8 billion in April. When MTSH entered YSX on 20 May, FMI and MTSH trading value was estimated at Ks 16 billion in May, Ks 6.8 billion in June and Ks 3.7 billion in July. When MCB listed on YSX, monthly stock trading values of FMI, MTSH and MCB were estimated at Ks2.9 billion in August, Ks 2.4 billion in September, Ks 4 billion in October and Ks 2.2 billion in November.YSX stock trading in December reached a record low of Ks1.5 billion.
With the debut of First Private Bank (FPB) on YSX, the stock trading of four listed companies in Jan and Feb 2017 reached Ks 6billion and Ks3.3 billion in March.
April’s stock trading on YSX hit all-time low of over Ks1.2 billion, according to monthly report of YSX.

 

Mon Mon

Comments

Related posts

Translate »