Yangon Stock Exchange

Yangon Stock Exchange
YSX
TypeStock Exchange
LocationYangon, Myanmar
FoundedOctober 2015
Key peopleU Win Naing Oo, Managing Director
CurrencyMyanmar Kyat
No. of listings8 (August, 2023)
Market capKs.716 billion (2023) $341.38 Million
IndicesMYANPIX
Websiteysx-mm.com

The Yangon Stock Exchange (Burmese: ရန်ကုန်စတော့အိတ်ချိန်း; abbreviated YSX) opened in December 2015, at the former Central Bank of Myanmar and Myawaddy Bank headquarters in Yangon.[1][2] On 23 December 2014, two Japanese firms, Daiwa Institute of Research, the research arm of Daiwa Securities Group and Japan Exchange Group, established a joint venture with the state-owned Myanma Economic Bank to establish this stock exchange.[3] The joint venture firm, the Yangon Stock Exchange-Joint Venture Limited will have a working capital of US$31 million.[3] The Securities and Exchange Commission has selected Kanbawza Bank to be YSX' settlement bank.[4]

  1. ^ Shwegu Thitsar (26 November 2014). "Stock exchange location selected". Myanmar Times. Retrieved 1 July 2015.
  2. ^ "ရန်ကုန် စတော့-အိတ်ချိန်း အဆောက်အအုံ အချိန်မီဖွင့်လှစ်နိုင်ရေးအတွက်ဆောင်ရွက်". MRTV (in Burmese). 18 May 2015. Retrieved 1 July 2015.
  3. ^ a b Mullins, Jeremy (23 December 2014). "Yangon Stock Exchange closer to reality". Myanmar Times. Retrieved 1 July 2015.
  4. ^ Kyaw Phone Kyaw (5 May 2015). "KBZ chosen as settlement bank for upcoming stock exchange". Myanmar Times. Retrieved 1 July 2015.