Myanmar Inaugural Stock Exchange, YSX, Supports Live Trading
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Myanmar Inaugural Stock Exchange, YSX, Supports Live Trading
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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