725 were here. And, the moment foreign investors had been waiting for is almost here. The outlook for Myanmar's future still hangs in the balance. 8000. The Yangon Stock Exchange also has a set of 17 criteria applicant companies are required to meet. Amata will be the first of at least four companies set to list on the fledgling Yangon Stock Exchange this year, according to Thet Tun Oo, executive senior manager at the bourse. On the streets of Yangon, reporters saw people lining up in front of ATMs of many banks to withdraw money. The total value traded on YSX during August touched K944.95 million and the value … If you wish to get listed on such exchanges as New York Stock Exchange and Singapore Stocks Exchange, you have to go through a screening process. The new act is expected to be passed this year, and will allow joint venture companies to list on the Yangon Stock Exchange in addition to foreign investors being able to invest directly. Yangon Stock Exchange, YSX, is Myanmar's sole stock exchange and this page is YSX's official Facebook page. Sometimes you might even have to explain that there's another Hammond Street, which juts off the second Hammond Street, and ends next to an old cemetery. The Myanmar Securities Exchange Centre (MSEC), located in Yangon, Myanmar, is one of the two stock exchanges in the country. AMATA is expected to announce the listing date for investors in a timely manner. The exchange, a 50-50 joint venture between the state-owned Myanma Economic Bank and the Daiwa Securities Group, currently lists only two securities, both of which are rarely traded. Contact Us; Careers ; About FMI; Business Overview; Share … AMATA Holding Public Co., Ltd. has become the seventh company to be listed on the Yangon Stock Exchange, in accordance with the Securities and Exchange Act. Daiwa Research Company’s Chief Consultant and Managing Director Mr Ryota Sugishita and YSX Senior Executive Manager U Thet Tun Oo participated in the discussion. YANGON (Reuters): Supporters of Myanmar's military, some armed with knives and clubs, others firing catapults and throwing stones, attacked opponents of the Feb. 1 … Introduction. The drop in total trading values last month is attributed to a fall in share prices. At noon that day, the call and Internet functions of the two mobile phone operators in Myanmar, MPT and MYTEL, have returned to normal, and the other two operators are gradually recovering. The value of shares traded on the Yangon Stock Exchange (YSX) in March has dipped to K1.42 billion compared with K1.48 billion recorded in February, despite an increase in trading volume, state media reported. Yangon: Bursa saham Myanmar atau Yangon Stock Exchange (YSX) dihentikan sementara (suspensi) mulai perdagangan hari ini Senin, 1 Februari 2021. 4—It's not an unusual scenario: A Bangor resident is giving directions to someone less familiar with the city, and suddenly is explaining that Hammond Street ends in one spot, then begins again almost a mile away. ON TRANSPARENCY. Source: Wikipedia, 2021. As of 2020, foreigners can be part of the game. 726 were here. Yangon-based Amata Holding, one of the largest resort hotel operators in Myanmar, on December 28 received approval from the Yangon Stock Exchange for a listing on the bourse’s main board, the company said in a statement on the following day. Hotels near Yangon Stock Exchange, Yangon (Rangoon) on Tripadvisor: Find 13,705 traveler reviews, 50,008 candid photos, and prices for 227 hotels near Yangon Stock Exchange in Yangon … The company still exists to this day and is listed on the Bombay Stock Exchange. THE Yangon Stock Exchange (YSX) recently had a few champagne moments with the first “real” initial public offering by a Myanmar telecom company. It started life in 2016 with two listings. According to the reporter's understanding, the Yangon Stock Exchange was closed. A discussion was held at Yangon Stock Exchange (YSX) during the last week of October on the present and future of YSE. “The Yangon Stock Exchange’s listing criteria are so strict that many companies don’t meet the minimum standards,” Htay Chun said. Despite its name, it no longer operates in Myanmar. Yangon stock exchange to open to foreign investors An “appropriate” number of joint venture companies will be given permission to go public as soon as the new Myanmar Companies Act is passed, while institutions from overseas will be invited to invest to encourage market liquidity, he … ON YANGON STOCK EXCHANGE. Since the Yangon Stock Exchange will likely only draw a handful of companies at the start, there are concerns that it could suffer the same fate of its neighbors. Yangon Stock Exchange. The value traded on YSX by block trading system reached K197.45 million worth of 54,874 shares. The front facade of the Yangon Stock Exchange building is seen in Yangon, Myanmar, March 20, 2020. And even while the bubbly was still fizzing another company was eyeing a listing. The value traded on YSX by normal trading system during August reached K747.5 million worth of 118,850 shares. /CFP. 28. YEARS OF LOCAL EXPERIENCE #2. PLUS SHAREHOLDERS. Although the Yangon Stock Exchange was successfully opened on 9th December 2015, the First Myanmar Investment Public Co., Ltd (FMI) could start shares trading on 25th March 2016 over two months of opening Yangon Stock Exchange.The second listed shares trading of Myanmar Thilawa SEZ Holdings Public Co., Ltd (MTSH) was started on 20th May 2016 and the third listed shares trading of … In the financial market, the trading on Yangon Stock Exchange is moving more sluggishly than normal. Find the perfect Yangon Stock Exchange stock photos and editorial news pictures from Getty Images. Academia.edu is a platform for academics to share research papers. Mengutip laman resmi bursa efek Myanmar, Senin, 1 Februari 2021, penghentian sementara pasar saham ini karena adanya gangguan koneksi jaringan. Yangon Cities with stock exchanges are usually important financial centers influencing international or national’s financial markets. For the first time in its nation’s history, Myanmar will soon possess a full-fledged, independent, and computerized national bourse: the Yangon Stock Exchange (YSX). Yangon’s New Stock Exchange in Comparative Analysis 201 the neighboring LSX and CSX, are the best example of stock exchanges begun in the twenty-first century that are perfor- ming at, and in some ways exceeding, what a successful stock market exchange means for a developing country in South- east Asia. The Myanmar Stock Price Index shed 26.47, or 6 percent, to settle at 417.25 … Keywords: Yangon Stock Exchange, YSX, Myanmar, political economy, finance, wealth. Myanmar-listed shares took a pounding on Wednesday in the wake of the military control of the government eliciting a state of emergency for one year. For brave, patient pioneers an opportunity has opened to tap into Myanmar's enormous wealth through investing on the Yangon Stock Exchange (YSX). Indeed, it might be a case of build it – and they won’t come. The Campus 1 Office Park, Rain Tree Drive, Pun Hlaing Estate, Hlaing Thayar Township Yangon 11401, Myanmar Tel: +95 1 3687766 | Fax: +95 1 3687687 Email: info-fmi@yoma.com.mm. Formerly: Reserve Bank of India Address: 24–26 Sule Pagoda Road Year built: 1937 Architect: G Douglas Smart (Palmer & Turner) An impregnable aura surrounds this heavy cut-stone edifice on the corner of Sule Pagoda Road and Bank Street. The Yangon Stock Exchange (Burmese: ရန်ကုန်စတော့အိတ်ချိန်း; abbreviated YSX) The stock exchange opened on December 2015, at the former Central Bank of Myanmar and Myawaddy Bank headquarters in Yangon. "This is the world’s newest and smallest exchange," said Sayed U Thet, Executive Senior Manager YSX. The stock exchange announced the listing of AMATA on December 28, allowing the company to trade shares on the main board. Myanmar Stock Price Index (MYANPIX) is a Yangon Stock Exchange (YSX) calculated stock price index in a method of market capitalization-weight, which represents price fluctuation of... Read More → FMI (Code : 00001) / Date 01 Aug 2016 / Comment 0. Two pairs of Ionic columns dominate the recessed entrance. Select from premium Yangon Stock Exchange of the highest quality. The Yangon stock exchange has a set of listing criteria. Yangon Stock Exchange, YSX, is Myanmar's sole stock exchange and this page is YSX's official Facebook page. During the 1950s, Union of Burma Airways took over the old BBTC building. But magnificent as it appears, the Yangon Stock Exchange (YSX) does not inspire much confidence in the future of Myanmar’s capital markets. Mar. Furthermore, Maung Maung Win, chairman of the Yangon Stock Exchange, mentioned that the country is in the process of amending the Myanmar Companies Act. Though a late start has already been announced, a visit to the neoclassical Palladian building on the southeast corner of … GROUP AFFILIATION. First Myanmar Investment Co., Ltd. (FMI), established in 1992, was one of the earliest public companies in Myanmar. YSX memutuskan untuk menghentikan perdagangan berdasarkan Bagian 17-1 dari Peraturan Bisnis … GET IN TOUCH. To establish a financial market like other Asian countries the government founded YSX on March 2016.