Yangon stock exchange on track for March trading debut
The Yangon Stock Exchange (YSX) is expected to begin shares trading by the second week of March, with dry-run testing already underway, an official from the Securities Exchange Commission of Myanmar (SECM) told The Irrawaddy on 29 February.
Though the YSX officially “launched” late last year with six companies listed, no shares have yet been traded on the first-of-its-kind bourse. Myanmar’s deputy finance minister told media at a 9 December ceremony marking the occasion that trading was expected to begin this month, with the delay chalked up to officials’ desire to ensure smooth operation of the new capital market.
