Myanmar Inaugural Stock Exchange, YSX, Supports Live Trading

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Myanmar Inaugural Stock Exchange, YSX, Supports Live Trading

Postby kreslik.news » Thu Mar 24, 2016 11:13 am


Myanmar has joined the global equities and capital markets community with the launch of its first ever stock exchange, the Yangon Stock Exchange (YSX), which is backed by a Japanese partnership, according to a JPX statement.

The YSX has begun live trading, characterized by its inaugural listing, the First Myanmar Investment Co., Ltd., focused on the real estate business in Myanmar. The unveiling of a stock exchange constitutes a huge leap for the country that recent years had yielded a nascent investment base, troubled by domestic instability and rampant corruption.

One of the impetuses behind the launch of the YSX was its ... (read more)

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