YSX traded stocks in 2019 reaches highest in August

04 September 2019
YSX traded stocks in 2019 reaches highest in August
People monitor stock prices and the index displayed on a large video screen at the Yangon Stock Exchange in Yangon. Photo: Ye Aung Thu/AFP

The value of stocks traded on the Yangon Stock Exchange (YSX) hit the highest level of US$1.9 billion this year in August, according to the monthly report of the YSX. A total of 322,176 shares were traded on the exchange during the month.

At present, shares of five listed companies — First Myanmar Investment (FMI), Myanmar Thilawa SEZ Holdings (MTSH), Myanmar Citizens Bank (MCB), First Private Bank (FPB), and TMH Telecom Public Co. Ltd. — are being traded on the stock exchange. In January, 89,576 shares worth K526 million were traded on the exchange, and the trade value slid to K409 million and K396 million in February and March, respectively, as share prices dipped.

In April, 102,682 shares worth K506 million were traded on the YSX. In May, the value of stock trades touched a high of K1.4 billion with 275,325 shares traded. In the month of June, 233,994 shares worth around K1.32 billion were traded on the exchange. In July, 256,241 shares of five companies listed on the YSX, worth around K1.22 billion, were traded on the YSX.