TODAY

Securities trading on Yangon Stock Exchange (YSX) may start in the 3^rd week of this month, said Maung Maung Thein, President of Myanmar’s Securities and Exchange Commission (SECM) yesterday.

YSX was launched last December with 6 listed companies, 2 securities companies and 1 fund settlement bank, although it has not been ready for trading.

Over the last two months SECM gave securities licenses for 3 more companies and in the 3^rd week of this month, YSX will start its trading process with 1 listed company which already prepared for that operation and 5 securities companies, Maung Maung Thein told Xinhua in a telephone interview. He made no disclosure on which listed company will start up the operation, adding that other listed companies will join the trading process, subject to their readiness.

Ref: The Global New Light of Myanmar, 3 March 2016