MSE: 1.13 billion MNT in orders for 1.7 million shares of ERD received

The American Chamber of Commerce in Mongolia

2018-06-14 14:44 GMT+8

Mongolian Stock Exchange (MSE) listed Erdene Resource Development’s IPO order placement concluded on June 13.

According to a report from the MSE, orders for 1.7 million shares of ERD were placed, valued at 1.13 billion MNT. Secondary MSE trading of ERD stock will commence on June 18. Since being registered for dual-listing on the MSE, prices for ERD stock on the Toronto Stock Exchange have increased by 29 percent.​

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