The Rangoon Stock Trade started to decline soon after the tactical overthrow in Yangon.The Yangon Stock Trade revealed that the stock record fell 402.16 percent from 402.16 percent in the main quarter (October, November, December, and December) and the final quarter of the past financial year (2020-2021).
The stock shut down at 279,571, down 32% from its past record high of 279,399.
Subsequently, the offer market esteem diminished by 26.9% to 971.54 million kyats from 2629.16 million kyats.
A financial exchange master expressed, “There is standard exchanging on the Yangon Stock Trade” in regards to the ongoing circumstance. Trading is done directly on the web, so you don’t have to meet. You don’t have to come into this circle since you can put it on your mobile phone and view it directly. In any case, just understudies with a premium in the securities exchange can go to classes. I quit working with Kovis at the present time. There are just FMI and MTSH available. in light of their more noteworthy ubiquity. So the best buyers are FMI and MTSH. Others buy, yet at the same not as many. Shares have not yet been disseminated. Just the offers that were recently given are exchanged back. Organizations are losing cash these years. Two out of each and every seven recorded organizations come up short. Nonetheless, great organizations don’t get profits. Just a single MTSH exists. He expressed to DVB that AMATA and TMH are the washouts.
Promotion controlled. Moreover
Huge public associations recorded on the Yangon Stock Exchange integrate FMI; MTSH; MCB FPB TMH There are seven EFRs and AMATAs altogether.
MTSH shares were sold for somewhere in the range of 3,000 and 3,300 kyats each during the primary quarter (October, November, December, and December) of every one of the ongoing monetary years 2021 and 2022.
With 622 offers exchanging everyday for in excess of 302 million kyats, he was trailed by FMI at somewhere in the range of 8,000 and 8,900 kyats for each offer.
186 offers worth in excess of 210 million kyats were exchanged day to day, and FPB was exchanging at somewhere in the range of 19,000 and 22,000 kyats for every offer.
140 portions of EFR worth in excess of 22 million kyats were exchanged everyday, with costs going from 2,850 to 3,100 kyats for each offer.
106 portions of TMH worth in excess of 15 million kyats were exchanged day to day, with costs going from 2,600 to 2,800 kyats for each offer.
47 portions of AMATA worth in excess of 13 million kyats were exchanged everyday, with costs going from 4,900 to 6,000 kyats for each offer.
With nine day to day exchanges adding up to 4 million kyats, MCB was exchanging at somewhere in the range of 7,700 and 8,000 kyats for every offer.
