TOTAL TRADING VALUE OF 2019 REACHES MNT143 BILLION

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.

Source; https://montsame.mn/en/read/211318