Stock trading increased by 59.3 percent in 2017

The American Chamber of Commerce in Mongolia

2018-03-13 12:31 GMT+8

Mongolian stock liquidity was at 3.2 percent as of the end of 2017, a decrease of 0.1 percent compared to 2016.

By the end of 2017, the value of the Mongolian securities market reached 2.4 trillion MNT, an increase of 65.5 percent (one trillion MNT) compared to 2016. Stock trading was assessed at 49.1 billion MNT in 2016, rising by 59.3 percent in 2017 to 78.1 billion MNT.

According to the Financial Regulatory Commission, although positive changes have been observed, the fact that the market's value is higher than sales and as liquidity has declined, there is a need to strengthen  the primary and secondary markets, and to decelerate stock centralization.  

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