Stock trading slightly rises in July 2022

The equity market sees a small increase in trading in July as compared to the trading in June 2022, the Yangon Stock Exchange’s monthly price data indicated.
The stock trading value of seven listed companies on the Yangon Stock Exchange (YSX) amounted to K246.9 million with 72,843 shares in July, the Yangon Stock Exchange’s monthly price data indicated.
Trading of 61,435 shares valued at K282 million was recorded on the exchange in January 2022 and the trading volume rose to 80,291 shares in February, with an estimated value of K414.9 million. A total of 52,408 shares with an estimated value of K233.634 million were traded on the exchange in March. The trading value slightly rose to K276 million with 53,059 shares traded on the exchange in April. The equity market saw K314 million worth of 55,024 shares traded in May and K200.63 million worth of 40,062 shares in June, according to the monthly report of the YSX.
At present, shares of seven 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) and Amata Holding Public Co., Ltd. (AMATA)— were traded in the equity market. The share prices per unit were closed at K7,100 for FMI, K2,500 for MTSH, K6,900 for MCB, K18,000 for FPB, K2,450 for TMH, K2,450 for EFR and K5,000 for AMATA, respectively in July.
Regardless of the collapse of the stock markets worldwide, the local equities market has been able to continue operating without stopping trading.
Additionally, YSX launched a pre-listing board (PLB) on 28 September 2020 in order to provide unlisted public companies with fund-raising opportunities and build a bridge toward listing on YSX.
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 was launched four years ago to improve the private business sector. It disseminates rules and regulations regarding the stock exchange and knowledge of share trading through stock investment webinars and training courses.
Those enthusiastic can also join the YSX Telegram channel to get easy access to daily stock market updates, event info, market research and investor learning tips. — KK/GNLM