Market Expansion: Myanmar Securities and Exchange Commission meeting

The Securities and Exchange Commission of Myanmar (SECM) held its meeting in Yangon on Saturday, with Deputy Minister for Planning and Finance U Maung Maung Win, serving as the Commission Chairman, giving a speech. He emphasized the imperative of bolstering supervision efforts as the number of registered companies anticipated to engage in the Pre-Listing Board (PLB) is set to increase in the near future.

The Yangon Stock Exchange has introduced the PLB as a supplementary market alongside the Main Board. Furthermore, the Deputy Minister underscored the importance of intensifying measures against money laundering and terrorism financing within the securities and exchange industry.

The daily trading of stock shares by listed companies involves over 46,000 investors. In the fiscal year 2023-2024, trading volumes surpassed 11 billion kyats, covering more than 4.4 million shares across 8 listed companies, with total market investment exceeding 677 billion kyats.