It has been while since the 40.000 house program launched. As for now, 10,000 houses were built. But average Mongolians cannot afford houses or apartments even they saved 20-30 million MNT. Recent statistics say that average Mongolian family income is 300 thousand MNT and expenditure is 350 thousand MNT. In other words, most of Mongolians don’t’ save their income, but they are trying to survive with their income. (more…)
5 stock trades were held in a week between August 18-22, 2008. 654.8 thousand shares of 31 SHCs were sold at the Mongolian Stock Exchange, totaling 195.5 million MNT.
1.7 thousand shares of Remicon SHC were sold in 170.3 thousand MNT.
Index of Top-20 was 8670.71 and it was decreased by 830.85 units or 8.7%. Hence the total market capitalisation was set at 734.2 billion MNT.
Shares which prices were dropped are; Ulaanbaatar Hotel (by -27.8%), Gobi (by -7.5%), Mongolia Telecom (by -9.1%), Baganuur Mine (by -6.4%), NIC (by -6.3%), APU (by -6.4%), Moninjbar (by -9.7%).
468.9 thousand shares of Khukh Gan SHC, 71.4 thousand shares of Anod Bank, 55.2 thousand shares of Hermes Centre SHC, 22.2 thousand shares of Genco Tour Bureau (GTB), 21.9 shares of APU SHC were sold and most active.
As for the week between August 11 - August 15 2008, 1.2 million stocks of 44 SHCs were sold at 283.7 million MNT. 10.3 thousand stocks of Remicon SHC were sold at 1.0 million MNT at the first market trading of the Mongolian Stock Exchange. (more…)
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