Mongolia Business and Mongolian Daily Business News

Prime Minister S.Batbold presented a draft resolution on the main direction of privatizing state properties in year 2010 – 2012 to D.Demberel, the Speaker of the State Great Khural. He stated a new concept of privatization, such as increasing the involvement of people and improving the activities and governance of state owned companies. Capital market and the Stock Exchange shall develop along with it. When privatizing state properties, they will be privatized through the Stock Exchange, securing transparency of the privatization.

After receiving the draft resolution, Speaker Demberel asked few questions: Read the rest of this entry »

5 stock trades were held during the week of 07-11 September, 2009 and 325.8 thousand shares of 34 JSCs were sold totalling 466.1 million MNT trade in value. 550 Remicon shares were sold at the primary market totalling 55.0 thousand MNT. Index top 20 is 6435.28 units and was increased by 273.8 units or 4.4% if compared to last week. Total market capitalisation reached 571.2 billion MNT. Read the rest of this entry »

50.9 thousand shares of 15 JSCs were sold at MSE totaling 33.9 million MNT trade in value. 25.9 thousand APU shares were sold and it was the most actively traded share of the day. In comparison to the previous day’s trade, share price of NIK was increased by 14.82 percent, Mongolia Telecom by 14.95 percent and BH oil by 14.93 percent respectively. Index top 20 is 5979.76 units and was increased by 290.98 units, reaching its highest level in the year 2009.

86.2 thousand shares of 15 JSCs were sold at MSE totaling 19.4 million MNT trade in value. 62.2 thousand Khukh gan shares were sold and it was the most actively traded share during today’s trading session. In comparison to the previous day’s trade, share price of NIK was increased by 14.96% and Talkh Chikher 8.7% but share price of Khereglee impex was decreased by 14.92%. Index top 20 is 5688.77 units and was increased by 189.19 units if compared to the previous day’s trade.

155.2 thousand shares of 12 JSCs were sold at MSE totaling 267.3 million MNT in trading value. 130 thousand shares of Baganuur JSC were sold and it was the most actively traded share during today’s trade. In comparison to the previous day’s trade, share price of Takhi-ko was decreased by 11.76% whereas share prices of Baganuur (13.48%), Khukh gan (10.00%) and Bayangol hotel (8.80%) were increased respectively. Index top 20 is 5061.84 units and was increased by 82.51 units if compared to yesterday’s trading session.

18.5 thousand shares of 16 JSCs were sold at MSE totaling 4.7 million MNT in value. 10.6 thousand shares of Genko tour bureau were sold and it was the most actively traded share. In comparison to the previous day’s trade, share price of Genko was increased by 7.23%, share price of Erdenet Carpet by 5.0% but share price of Eermel was decreased by 5.71% and share price of SBB by 5.26%. Index top 20 is 4898.67 units and was decreased by 50.57 units if compared to the previous trading session.

5 stock trades were held during the week of 03-07 August, 2009 and 262.9 thousand shares of 41 JSCs were sold at MSE worth 82.3 million MNT in share value. Index top 20 is 4953.99 units and was increased by 173.8 units or 3.6% if compared to the previous week. The total market capitalization is set at 464.0 billion MNT.

Shares of 41 JSCs were traded of which share prices of 15 JSCs were increased and 12 decreased but share price of 14 JSCs were unchanged. Shares which prices were increased are Khusug Trade (13.04%), Khukh Gan (11.11%) and State Department Store (11.11%). Shares which prices were decreased are Uguumur (-14.0%), Tavilga (-13.64%) and Altai (-12.20%). Read the rest of this entry »

42 thousand shares of 8 JSCs were sold at MSE today worth 6.7 million MNT. 40.3 thousand shares of Khukh gan JSC were sold and it was the most actively traded stock. Share prices of NIK (4.94%) and Darkhan Nekhi (3.33%) were increased during today’s trading session. Index top 20 is 4780.14 units and was increased by 26.92 units in comparison to yesterday’s trade.

48.2 thousand shares of 14 JSCs were sold at MSE totaling 10.8 million MNT trade. 23.5 thousand Genko tour bureau JSC shares were sold and it was the most actively traded share at MSE. In comparison to the previous day’s trade, share price of Baganuur was increased by 6.03% and Telecom Mongolia by 4.29%. Share price of Darkhan Nekhii was decreased by 4.47% but shares prices of APU and Ulaanbaatar Hotel were unchanged at MSE. Index top 20 is 4711.22 units and was decreased by 4.05 units if compared to the previous trading session.

2.5 thousand shares of 8 JSCs were sold at MSE totalling 1.25 million MNT. 1 thousand shares of Genko tour bureau were sold and it was the most actively traded share. In comparison to the previous day’s trade, share price of NIK was increased by 4.17% but share price of Gobi was decreased by 7.14%. Index top 20 is 4789.60 units and was increased by 1.8 units.