Public trading sees an increase at the MSE

The American Chamber of Commerce in Mongolia

2018-02-06 10:01 GMT+8

The Financial Regulatory Commission reported that public trading at the Mongolian Stock Exchange (MSE) increased rapidly in the past year.

Stock market trading was over 300 million MNT in 2016 and trading quadrupled in 2017, reaching 1.2 billion MNT. Foreign traders and corporations were responsible for 4.06 percent of all stock market trading, which was 34.8 million MNT higher than 2016’s 8.3 million MNT in trades.

Domestic companies saw trading increase in 2017, and totaled 657.6 million MNT compared to 2016 when the amount was 312.4 million MNT. Public trading on the stock market reached 167.7 million MNT, which was six times higher than 2016 and made up 19.5 percent of all trading.

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