July’s trading on YSX recorded highest this year

NATIONAL NEWS

The value of traded stocks on the Yangon Stock Exchange (YSX) last month hit a high of Ks1.23 billion, according to monthly trading data released online by YSX.
This figure is the highest value so far this year, with trading volume of 286,328 shares. However, the value is seen to decrease compared to July 2017.
At present, 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.
Stock trading values of the five listed companies were registered at Ks1.21 billion in January, Ks 746 million in February, 778 million in March, Ks875 million in April, Ks869 million in May and the all-time new low of Ks666 million in June.
This year, YSX increased the matching time from two to four per day. In addition to this, in order to increase the number of new investors and encourage existing investors to trade more actively by letting them know about review and future prospects of YSX’s listed companies, YSX held a promotional event for investors for better understanding about listed companies’ financial review for the 2017-2018 FY and future business outlooks for the 2018-2019 FY.
YSX stock trading is still indifferent among the public owing to lack of publicity about the stock market, among other factors, experts said. — GNLM

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