Myanmar-Thilawa-SEZ-Holdings

Heavy trading on Yangon Stock Exchange as second company lists

  • Jun 23, 2016

Heavy trading on Yangon Stock Exchange as second company lists

Myanmar-Thilawa-SEZ-HoldingsSATURDAY, 21 MAY 2016 – Myanmar Thilawa SEZ Holdings, or MTSH, became the second company on Myanmar’s Yangon Stock Exchange, riding a flood of interest from the country’s burgeoning equities market, according to Nikkei Asian Review in a report May 21.

Trading was brisk. The developer of the Thilawa Special Economic Zone, an industrial park southeast of Yangon, was to debut at 40,000 kyat ($34.10) a share. But heavy buying put the stock limit-up at 50,000 kyat as soon as trading began. Trading volume for the day totaled 10,157 shares, for a value of 507.85 million kyat.

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