Myanmar’s stock exchange begins first trading day

Myanmar’s first stock market began its first trading day on March 25.
Myanmar’s stock exchange begins first trading day ảnh 1The Yangon Stock Exchange (YSE) (Source:ibtimes.com)

Hanoi (VNA) – Myanmar’s first stock market began its first trading day on March 25.

First Myanmar Investment (FMI), the first listed company, recorded the highest value on the Yangon Stock Exchange (YSX) initial transaction day.

FIM received more market order volume than its sales offer, reaching over 37,000, while its sales offer stood at over 22,000, with a value of 26,000 kyats a share (21.5 USD) at the opening stage.

The company achieved the highest value, 31,000 kyats (25.63 USD). Trading volume reached 42,610 shares.

The YSX is Myanmar’s first stock exchange , which was launched in December 2015 with six listed companies, two securities companies and one fund settlement bank.

Under an agreement signed in December 2014, the State-owned Myanmar Economic Bank (MEB) owns 51 percent of the YSX, and the Tokyo Stock Exchange and Daiwa Securities Group owns 49 percent.-VNA

VNA
#stock market#share#Yangon Stock Exchange
Follow VietnamPlus

Related News

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.