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Pick a dance partner carefully in this market
Myanmar is doing what it can to boost its sagging stock market, including starting a second board just for foreign investors. But it would be wise to go in with open eyes.
Add BT as a preferred sourcePublished Thu, Oct 24, 2019 · 09:50 PM
THE floor is getting dusted with powder, but where are the dancers?
The Securities and Exchange Commission (SEC) of Myanmar, in an attempt to boost the sagging stock market, announced this month that it would create a second board next year, one in which foreigners would be allowed to trade in Myanmar-listed companies.
There has not been much action on the trading floor of the first and original stock market, the Yangon Stock Exchange (YSX), with just five stocks listed since it opened in 2015.
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