Stock trading on YSX reaches all-time low in October

A man takes a photograph of an electronic board showing the FMI index at Yangon Stock Exchange, Yangon. Photo: Mizzima

Stock trading of four companies listed on the Yangon Stock Exchange (YSX) reached all-time low of ks1 billion in October since its establishment, according to monthly data released by YSX yesterday.

the figure plunged from September’s trading with estimated value of ks1.8 billion. YSX failed to attract local stock traders even after publicity discussions, expo and educative talks of stock market, state media reported.

A year and half old the YSX was bitterly criticized with cool market and dropping share prices of listed companies. currently, four companies - First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MtSH), Myanmar Citizens Bank (MCB) and First Private Bank (FPB) are currently trading their shares on YSX.

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