Value of traded stocks on YSX register all-time low

04 July 2018
Value of traded stocks on YSX register all-time low
A visitor takes a photo of a large video screen displaying stock prices at the Yangon Stock Exchange in Yangon. Photo: Ye Aung Thu/AFP

The value of traded stocks on the Yangon Stock Exchange (YSX) last month registered an all-time low, according to monthly trading data released online by YSX, state media reported.
Shares of five listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB) and TMH Telecom Public Co. Ltd. — are being traded on the YSX. The volume of trading shares, as well as their value, reached a new low against previous months.
A total of 31,120 shares of the five-listed companies on YSX were traded in June 2018, with an estimated trading value of Ks666 million. In June 2017, 194,240 shares of FMI, MTSH, MCB and FPB were traded at a value of Ks1.54 billion. FMI and MTSH traded 192,592 shares worth Ks6.89 billion in June 2016. The value of stocks traded on YSX was recorded at Ks70.7 billion in 2016, whereas the value in 2017 dropped by over two thirds, with an estimated value of Ks22.1 billion, according to official figures of YSX, the report said.