Value of trade on YSX drops in 2018

Value of trade on YSX drops in 2018

Image result for yangon stock exchangeThe value of share trading on the Yangon Stock Exchange in 2018 declined to K11.5 billion from K22 billion in 2017, according to data from the YSX. While five-listed companies traded 2.3 million shares in 2018, four-listed companies traded 2.6 million shares in 2017.

In 2018, the stock trading value touched a high of K1.5 billion in August, and reached an all-time low of K666 million in June.

In 2018, the YSX doubled stock trade matching times from two to four a day. The exchange also held a promotional event for investors to attract new investors and encourage existing investors to increase trade. The financial review and future prospects of companies listed on the exchange were discussed at the event.

Source: Global New Light of Myanmar

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