Move to liberalise trading is likely to spark interest among foreign retail investors resident in the city, but global asset and fund managers may remain cautious. THE Yangon Stock Exchange (YSX) will be the last of the region’s markets to open up to foreign investors. The normally tight-lipped Yangon market regulator announced on July 12 […]
MTSH reiterates plans to invest in Kyaukphyu, Thilawa
Myanmar Thilawa SEZ Holdings (MTSH), which is listed on the Yangon Stock Exchange (YSX), has plans to invest in two of the three special economic zones (SEZ) in Myanmar. These include the deep sea port project in Kyaukphyu, Rakhine, and a multi-modal logistics hub in Thilawa, Yangon. It will also invest in the Myitkyina Economic […]
Yangon Stock Exchange sees highest trade in July
July saw the highest trade so far this year at the Yangon Stock Exchange or YSX, according to local media. The value of traded stocks on the YSX last month hit a high of Ks1.23 billion, according to monthly trading data released online by YSX and reported by the Global New Light of Myanmar. While […]
YSX stock trading value hits all-time low
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. 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. […]
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone
More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone Sawako Utsumi and Lee Jay Walker Modern Tokyo Times Increasing numbers of Japanese companies are investing in the Thilawa Special Economic Zone (SEZ) in Myanmar. Of course, this SEZ is especially important for Japan because it highlights the importance of Myanmar to political elites […]
MTSH sees heavy trading on higher Japanese investments
Despite high trading volume on the Yangon Stock Exchange (YSX) last week, the Myanmar Stock Price Index closed Friday at 452.80, languishing near its lowest levels since the bourse went live in 2016. More than 78,000 shares exchanged hands during the week, the most in a single week for months. Most of the trading involved […]
Allen & Gledhill advises on first ‘true’ IPO in Myanmar
Singapore Big Four law firm Allen & Gledhill has represented Myanmar’s TMH Telecom on its initial public offering on the Yangon Stock Exchange (YSX). The IPO is said to be the first “true” one on Myanmar’s fledgling stock exchange as it will be the first one to offer fresh capital instead of existing shares. A&G […]
Stock Trading Down, But Investors Remain Interested
The Myanmar Stock Price Index tumbled 23 points, or around 4.7 percent last week, closing Friday at 463.70, after officials from the Directorate of Investment and Company Administration (DICA) said the new Myanmar Companies Law would take at least another 8 months to implement. The new law, which replaces the existing 1914 Myanmar Companies Act, […]