YSX annual report: stock-market chart up in 2022

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The panel is seen displaying stock-market indexes at the Yangon bourse.

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.
In 2020, K12.6 billion worth of 1.87 million shares by six listed companies were traded on the YSX, whereas over 2.4 million shares from five listed companies, valued at K13.39 billion, were traded on the exchange in 2019.
Both continuous trading and block trading charts on YSX climbed in 2021 compared with that of 2021.
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 K8,900 for FMI, K3,300 for MTSH, K7,700 for MCB, K19,000 for FPB, K2,600 for TMH, K2,700 for EFR and K5,000 for AMATA respectively in December 2022.
Trading of 61,435 shares valued at K282 million were 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 with 55,024 shares traded in May, K200.63 million with 40,062 shares in June, K246.9 million with 72,843 shares and K370 million with 109,809 shares in August. The highest trading with 347,597 shares worth K1.624 billion was recorded in September. Then, the market witnessed a downtick in trading with 143,034 shares worth K687.12 million in October. The YSX was in a bear market with a trading value of over K558 million from 103,292 shares in November and K402 million from 59,241 shares in December, according to the monthly report of the YSX.
The stock markets worldwide have reported their largest declines since the 2008 financial crisis. Similarly, the local equities market was also scared by the COVID-19 crash in previous years, a market observer points out.
People would keep emergency savings and purchase the safe haven asset gold, rather than make investments amid the COVID-19 crisis and political changes, he added.
Nonetheless, Myanmar’s securities market has been able to continue operating without stopping trading.
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.
Moreover, YSX stock investment virtual series 2022 launched in December through the YSX YouTube channel and other social media platforms every weekend of December 2022, including three sessions; Insights talk with listed companies, Investment presentations by securities companies and Panel discussion with market experts.
Furthermore, block trading of YSX can be done with the minimum order quantity (10,000 stocks) or with the stocks of 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 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. – KK

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