Daily Business News Mongolia

Daily stock news: 13.7 thousand shares were sold at MSE

13.7 thousand shares of 13 SHCs were sold at MSE totalling 24.6 million MNT trade. 4.7 thousand shares of Zoos bank were sold and it was the most actively traded share at the stock market. Share price of Khukh gan was increased by 15.0% and share price of SBB by 9.52%. Share price of NIC was decreased by 8.82% and share price of Darkhan by 6.66% but share price of Zoos bank and share price of Mongol leather was unchanged. The index top – 20 was 5526.23 and was increased by 14.59 units. (more…)

Posted in Finance, News | No Comments »

Daily Stock news: 68.8 thousand shares were sold at MSE

68.8 thousand shares were sold at MSE totaling 26.3 million MNT trade. Five thousand Remicon shares were sold at the primary market. 47.2 thousand shares of Khukh gan was sold and it was the most actively traded share at the stock market. Share price of Genko tour bureau was increased by 10.81% and share price of Khukh gan by 7.53%. Share price of Bishrelt industrial was decreased by 6.78% and share price of APU by 2.56% but share price of Mongol leather was unchanged. Index top – 20 was 5511.63 and was decreased by 2.46 units if compared to yesterday. (more…)

Posted in Finance, News | No Comments »

Daily stock news: 19.4 thousand shares were sold at MSE

19.4 thousand shares of 10 SHCs were sold at MSE totaling 17.3 million MNT trade. 6.1 thousand Zoos bank shares were sold and it was the most actively traded share at the stock market. Share price of Mon noos was decreased by 15.0% and share price of Bulgan bakery was decreased by 14.41%. Share prices of State Department store and Zoos bank were unchanged. Index top – 20 was 5514 units and was decreased by 98.98 units or 1.8%. (more…)

Posted in Finance, News | No Comments »

‘BB-’ Ratings On Mongolia Placed On Negative Outlook On Expected Fiscal Deterioration

Standard & Poor’s Ratings Services said today it had revised the outlook on its ‘BB-’ foreign and local currency long-term sovereign credit ratings on Mongolia to negative from stable, while at the same time affirming the ‘BB-’ foreign and local currency issuer credit rating for Mongolia. 

“The rating actions reflects the risks that Mongolia’s fiscal and debt credit metrics could see substantial deterioration in the event that the recent steep fall in the price of copper–the country’s main source of fiscal revenue and export receipts–is not countered by prompt corrective fiscal measures,” said Standard & Poor’s credit analyst Agost Benard. (more…)

Posted in Finance | No Comments »

Weekly stock review

During the week of 15-19 of December, 836.6 thousand shares of 24 SHCs were sold at MSE totalling 79.9 million MNT. In the primary market 38.3 thousand Remicon shares were sold totalling 3.8 million MNT and 258 Monfresh shares were sold totalling 25.8 thousand MNT. Index top – 20 was 5613.07 units and decreased by 143.8 units or 2.5% if compared to last week. The total market capitalisation was set at 521.8 billion MNT.
(more…)

Posted in Finance, News | No Comments »

Daily stock news: 56.6 thousand shares were sold at MSE yesterday

56.6 thousand shares of 10 SHCs were sold at MSE totalling 10.3 million MNT trade. 42.9 thousand Khukh gan shares were sold and it was the most actively traded share at the stock market. In comparison to the previous day’s trade, share price of Mogoin gol was increased by 14.83% and share price of Olloo by 11.94% but share price of Bayanteeg was decreased by 7.98% and share price of SBB by 7.27%. Share price of State Department store and share price of Zoos bank were unchanged. Index top – 20 of the last trading day of the week was 5613.07 and was decreased by 30.03 units or 1.8% if compared to yesterday.

Posted in Finance, News | No Comments »

Daily stock news: 58.6 thousand shares were sold at MSE

58.6 thousand shares were sold at MSE totalling 14.1 million MNT trade. 2760 Remicon share and 168 Monfresh shares were sold at the primary market. The most actively traded shares at the stock market were Khukh gan (31.3 thousand shares) and UID (9.0 thousand shares). In comparison to the previous day’s trade share price of Gazar suljmel was increased by 11.11% and share price of Khukh gan by 10.23% but share price of Zoos goyol was decreased by 8.81% and share price of SBB by 8.33%. (more…)

Posted in Finance, Mining, News, Sport and Culture | No Comments »

Daily stock news: 54.9 thousand shares were sold at MSE

54.9 thousand share of 10 SHCs were sold at MSE totaling 8.1 million MNT trade. 11.5 thousand Remicon shares and 90 Monfresh shares were sold at the primary market. 41.0 thousand shares of Khukh gan were sold and it was the most actively traded share at the stock market. In comparison to the previous day’s trade, share price of Olloo was increased by 13.56% but share price of Mogoin gol was decreased by 11.76% and share price of Khukh gan by 7.37%. At the stock market, share price of Genko tour bureau and SBB were unchanged. (more…)

Posted in Finance, News | No Comments »

Daily stock review: 20.4 thousand shares were sold at MSE

20.4 thousand shares of 13 SHCs were sold at MSE totaling 3.5 million MNT trade. 10.5 thousand Remicon shares were sold at the primary market. 5.95 thousand Khukh gan shares were sold and it was the most actively traded share at the stock market. In comparison to the previous day’s trade, share price of Hermes center was increased by 7.0% but share price of Talkh chikher was decreased by 15.0%, share price of Olloo by 14.49% and share price of Hako fuel by 14.22% respectively. Share price of Mongol leather, Shariin gol and UB carpet were unchanged.

Posted in Finance, News | No Comments »

Daily stock news: 645.9 thousand shares were sold at MSE

645.9 thousand shares of 8 SHCs were sold at MSE totaling 43.8 million MNT trade. 13.6 thousand Remicon shares were sold at the primary market. 617.5 thousand Hermes center shares were sold and it was the most actively traded share at the stock market. In comparison to the previous day’s trade, share price of Hermes center was increased by 7.69% but share price of NIK was decreased by 6.67% and share price of Genko tour bureau by 5.88%.

(more…)

Posted in Finance, News | No Comments »