YSX 2023 Annual Report: Stock market ends year with gain

Yangon Stock Exchange (YSX) closed out 2023 with an unexpected high of K9.833 billion from 3.575 million shares of the eight listed companies, according to the annual report released by the exchange.
Myanmar Agro Exchange Public Co Ltd (MAEX) was listed on 3 July 2023. Both continuous trading and block trading charts on YSX climbed in 2023 compared to 2022. The stock trading by seven listed companies on the Yangon Stock Exchange (YSX) in 2022 accumulated K7.424 billion from 1,667,434 shares, which soared from 887,969 shares worth K4.63 billion in 2021, according to the annual report released by the exchange.
At present, shares of eight listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB), TMH Telecom Public Co Ltd (TMH), the Ever Flow River Group Public Co Ltd (EFR), Amata Holding Public Co Ltd. (AMATA) and Myanmar Agro Exchange Public Co Ltd (MAEX) are traded in the security market.
The total trading volumes were registered at 250,094 shares of FMI worth K2.1billion, 1.036 million shares of MTSH worth K3.056 billion, 95,278 shares of MCB worth K700 million, 983,467 shares of FPB worth over K1.63 billion, 22,218 shares of TMH worth K55.545 million, 243,149 shares of EFR worth over K498 million, 29,492 shares of AMATA worth K143 million and 915,033 shares of MAEX worth K1.63 billion respectively last year.
The equity market showed the highest trading value of K2.068 billion from 958,368 shares in July. The trading values plunged into the lowest of K222.9 million 88,392 shares in December 2023.
The closing share prices per unit were K8,700 for FMI, K2,850 for MTSH, K7,900 for MCB, K1,600 for FPB, K2,500 for TMH, K2,000 for EFR and K4,800 for AMATA and K1,750 for MAEX in December 2023.
Additionally, YSX launched a pre-listing board (PLB) on 28 September 2020 to provide unlisted public companies with fund-raising opportunities and build a bridge toward listing on YSX.
Furthermore, block trading of YSX can be done with the minimum order quantity (10,000 stocks) or with the stocks with a trading value of K30 million starting from 1 September 2022.
Next, the Securities and Exchange Commission of Myanmar (SECM) has allowed foreigners to invest in the local equity market since 20 March 2020.
The YSX conducts stock investment webinars and training courses to disseminate rules and regulations regarding the stock exchange and knowledge of share trading among the public. YSX Investment Virtual Series also offers insight talks with listed companies’ executives and investment presentations by security companies every weekend at 4 pm on YouTube, Facebook, Viber and Telegram platforms of the YSX, along with panel discussions with experts. — KK