Ulaanbaatar
Total trading value of 2019 reaches MNT143 billion
Economy
Ulaanbaatar/MONTSAME/. The total trading value of 2019 reached MNT 143 billion and four companies issued new securities raising MNT 42.4 billion, setting the record for the highest primary market trading value in the 29-year history of the Mongolian stock market, reported the Mongolian Stock Exchange.
The foreign institutional
investor, Rhinos Asset Management Company from Korea has established its branch
office ‘Rhinos Asset Management Mongolia’ and started its investments into MSE’s
listed companies.
Mongolian Stock Exchange
initiated, drafted and approved the ‘Closed End Fund Listing Rules’, creating
the legal foundation and enabling the listing and trading of the investment
fund units.
In order to increase public
knowledge and awareness of the stock market, ‘Open Market Day’ was organized in
10 aimags and 6 soums, in addition to providing capital markets training to
more than 54,000 citizens in 21 aimags and 330 soums in cooperation with
Erdenes Tavan Tolgoi JSC.
