Thursday, May 4, 2017

YSX hit all-time stock trading low in April

May 3, 2017
Stock trading on the Yangon Stock Exchange (YSX) reached its lowest value of about Ks1. 2billion in April when compared to monthly stock trading values over the past 14 months.

First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB) and FPB are currently trading their shares on YSX.

Last year, the monthly stock trading values by FMI on YSX were over Ks24 billion in March and over Ks5.8billion in April. With MTSH entering YSX on 20th May, stock trading values of FMI and MTSH amounted to over Ks16billion in May and over Ks6.8billion in June and over Ks3.7 billion in July. After MCB listed on YSX, the monthly stock trading values were over Ks2.9 billion in August, over Ks2.4 billion in September, over Ks4billion in October and over Ks2.2 billion in November. YSX stock trading in December hit an all-time low with a trading value of only Ks1. 5billion last year, it is learnt from the monthly reports of YSX.

With the debut of First Private Bank (FPB) on YSX, stock trading in January and February 2017 hit over Ks6billion and over US$3.3billion in March.

The stock trading on YSX in April hit the record low of over Ks1.2 billion in the past 14 months, according to the stock trading data of YSX.

A total of 5,227shares worth Ks70,749,500 were traded on 3rd May 2017, with trading volumes of 3,226 shares from FMI, 1,527 shares from MTSH, 44 shares from MCB and 430 shares from FPB. The share prices are Ks16,000 for FMI, Ks4,100 for MTSH, Ks9,000 for MCB and Ks29,000 for FPB at the closing time.

Mon Mon

Ref; The Global New Light of Myanmar

No comments:

Post a Comment