"Mongolian Stock Exchange" JSC and the Mongolian Association of Securities Dealers jointly organized a "The ringing of the bell" ceremony to open the 7286th trading day of MSE on the occasion of the commencement of the secondary market trading in Mongolia.
The ceremony was attended by Tsogtbayar, J., the interim CEO of the "Mongolian Stock Exchange" JSC, Javhlan. I, Chief Operational Officer of the "Mongolian Stock Exchange" JSC, Buyankhishig. B, CEO of Mongolian Association of Securities Dealers, Amar. L, CEO of Mongolian Bankers Association, Lkhagvadorj. B, CEO of "BDSec UTsK" JSC, and other officials.
J. Tsogtbayar, interim CEO of "Mongolian Stock Exchange" JSC, opened the event and gave his speech:
"On August 28, 1995, citizens traded the shares they bought with their blue voucher for privatization for cash and trading in the secondary market of securities began, and 29 brokerage firms operating with the financing of the Mongolian Stock Exchange were privatized and organized into independent legal entities with the right to operate as brokers and dealers.
In the commencement of the secondary market trading, 100 shares of "Mongol Ed Impex" JSC were successfully traded by a client of the "Sanar" brokerage firm, and "Mergen Sanaa" brokerage firm bought them.
With the start of secondary market trading, citizens began to sell their shares purchased with "blue voucher" to each other in cash, and began to benefit from the privatization of property.
Since then, in the past years, the Mongolian Stock Exchange has passed through the stages of historical development and reached the present day.
During this period, the Mongolian Stock Exchange /on 27.08.2024/ has the following indicators only in secondary market trading.
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Company bonds: 4,712,114 units for MNT 476,574,637,788
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Government securities: 2,149,454 units for MNT 211,438,154,730
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Stocks: 3,970,687,934 shares for MNT 1,772,283,528,425
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Investment Funds: 57,324,081 units for MNT 23,950,438,437
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Asset-backed securities: 830,526 units for MNT 61,651,163,030
These securities were traded in MSE and market capitalization reached MNT 12,015,815,520,835.
Also said, "On the occasion of the 29th anniversary of the commencement of the secondary market trading of the Mongolian Stock Exchange, we would like to announce that we have opened a "The ringing of the bell" ceremony to wish all the brokers operating in the Mongolian stock market, as well as all the investors participating in the trade, success and well-being in their work."
In addition, during the ceremony, the Mongolian Association of Securities Dealers and the Mongolian Bankers Association jointly presented a letter of thanks to the member organizations that supported the creation of the Bull sculpture, a symbol of the banking and financial industry.
MONGOLIAN STOCK EXCHANGE