This article needs to be updated.(August 2023) |
YSX | |
Type | Stock Exchange |
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Location | Yangon, Myanmar |
Founded | October 2015 |
Key people | U Win Naing Oo, Managing Director |
Currency | Myanmar Kyat |
No. of listings | 8 (August, 2023) |
Market cap | Ks.716 billion (2023) $341.38 Million |
Indices | MYANPIX |
Website | ysx-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]