Daily Business News Mongolia

130.8 thousand shares were sold at the MSE

130.8 thousand shares of 15 SHC were sold at the Mongolian stock market (MSE) totaling 22.7 million MNT trade. 86.2 thousand Remicon share and 3.6 thousand Monfresh share were sold at the primary market. 16.9 thousand shares of Genco tour bureau were sold and it was the most actively traded shares at the stock market. In comparison to the previous day’s trade, Anod bank share price was increased by 14.88% and Shariin gol share price by 4%, but share price of APU was decreased by 14.48% and share price of Sor by 9.33%.

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APU share price was increased 3 days in a row

268.6 thousand shares of 22 SHC were sold at the Mongolian Stock Exchange (MSE) totaling 43.7 million MNT trade. 100.8 thousand Remicon share and 3.1 thousand Monfresh share were sold at the primary market. 93.5 thousand shares of Hermes Center were sold and it was the most actively traded shares at the stock market. In comparison to the previous day’s trade, APU share price was increased by 14.95% and UED (State Department Store) by 14.84% but Olloo share price was decreased by 13.7%.

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206.7 thousand shares were sold at the MSE

206.7 thousand shares of 22 SHC were sold at the MSE totaling 37.9 million MNT trade. 116.8 thousand Remicon share and 1.5 thousand Monfresh share were sold at the primary market.  42.6 thousand shares of Hermes Center were sold and it was the most actively traded shares at the stock market. In comparison to the previous day’s trade, APU share price was increased by 14.9% and MAH impex share price by 13.64%, but Anod bank share price was decreased by 7.64% and Guril tejeel bulgan by 11.76%.

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101.8 thousand shares were sold at MSE

As for the first date of the new trade week, 104.8 thosuand shares of 17 SHCs were sold MSE, totaling 19.6 million MNT. 25.1 thousand Remicon shares were sold at the primary market. The most actively traded share was “Hermes Center” share and sold 51.3 thousand shares.
In comparison against the previous date’s trade, SBB share was decreased by 6.98%, Khukh Gan share was 5.0% and APU by 3.51%.

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117.7 thousand shares were sold at MSE

117.7 thousand shares of 16 SHCs were sold at MSE, totaling 26.4 million MNT. At the primary stock market, shares of Remicon SHC were the most actively traded, 38.9 thousand shares. 31.7 thousand shares of Khukh Gan SHC were sold at the secondary market. In comparison to the previous date’s trade, “Monnab” share was increased by 14% and “Khuvsgul Khuns” 15%, but Anod Bank share was decreased by 9.64% and “Moninjbar” share by 8.26%.

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MSE traded 159.1 thousand shares

159.1 thousand shares of 23 SHCs were sold at the yesterday’s trade at the MSE trade, totaling 49.2 million MNT. 29.9 thousand shares of Moninjbar SHC were sold the most actively at the secondary. At the primary market, 45 thousand shares of Remicon SHC were sold. Shares of Anod Bank increased by 14.91% and Barilga Corporation share was increased by 11.11%. Share of SBB was decreased by 9.47% and share of Hermes Center was decreased by 8.96, if compared against the previous day of trade at MSE.

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R.Sodkhuu: “IT” system introduction enables fundraising in the foreign market.

Mr Sung Hee Hong, director of Global Business development department of South Korea, is visiting to Mongolia. They met with the Mongolian Stock Exchange authority regarding “IT system introduction”. It was clarified from Mr. R.Sodkhuu, Executive Director of the Mongolian Stock Exchange.
Q: Information System of MSE will be reformed. What would you say about it?
R.Sodkhuu: Current  equipment and system was installed in 1994 by Australian Aid. But now Information Technology must be innovated and reformed. Therefore, MSE is about to introduce “IT system” within the framework of project “Strengthening Human Resource and innovating equipments and technology of MSE”
Q: What is the peculiarity of the system? (more…)

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Weekly Stock Review: September 8-12, 2008

Between September 8-12, 2008, 629.9 thousand shares of 42 SHCs were sold at the Mongolian Stock Exchange, totaling 172.1 million MNT during 5 stock trades.
At the primary stock market, 253 shares of “Remicon” SHC were sold, totaling 25.3 thousand MNT.

TOP-20 index was 8307.98 and it was decreased by 197.16 points or 2.3%. As the result the market value was 688.8 billion MNT. Shares of Telecom Mongolia (by -13.8%), Erdenet Carpet (-12.5%), APU (-10.7%), Eermel (-7.3%) and the State Department Store (-5.1%) were decreased. (more…)

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Weekly Stock Review: August 25 – 29, 2008

During 5 trades, between August 25 – 29, 2008, 369.7 thousand shares of 31 SHCs were sold at the Mongolian Stock Exchange, totaling 180.6 million MNT. 578 shares of Remicon SHC were sold at 57.8 thousand MNT at the primary stock market. Index TOP – 20 was 8639.77 and it is decreased by 30.94 units or 0.4% if compared against last week. The total market value 722.1 billion MNT. (more…)

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Daily Stock News: Share price of “Sharyn Gol” has increased

In three days of trading, between August 27 – 29, 2008, share price of Sharyn Gol has increased by 45%. As for August 1 2008, its closing price was 2125 MNT, but as for today its closing price was 3230 MNT.
“Sharyn Gol” SHC is the one of the oldest coal mine in Mongolia, locating in the north of Mongolia, approximately 300 miles from Ulaanbaatar, the capital of Mongolia. It also deals with coal and gold exploration.

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