The 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
