FEDERATION OF EURO-ASIAN STOCK EXCHANGES
SEMI ANNUAL REPORT OCTOBER 2008
MONGOLIAN STOCK EXCHANGE
In 2007 the Mongolian Stock Exchange has
accomplished far successful results than it
has ever before.
Rentson Sodkhuu
Chairman and CEO
On behalf of the Mongolian Stock Exchange
(MSE), I greet the honorable reader and
colleagues, professionals and with all
participants of securities market all over the
world.
I am delighted to inform you that in 2007 the
MSE has accomplished more successful results
than it has ever before. The trading volume for
stocks increased by 4.9% and the total value of
bond trading was increased by 7.5 times over
the previous year, during the same period.
Market capitalization of the listed companies
reached US$ 612.214 million which represent a
5.5 times increase. By the end of 2007, the
MSE’s top-20 index reached to 10,256.13,
which is higher by 5.1 times from the same
period of the previous year.
Highlights of our accomplishments of the year
can be noted as follows:
• Renewed Trade Regulation and MSE Listing
Rule
• “Dornod Autozam”, “Hai Bi Oil”, “Olloo” and
“Tuul-Songino usni Noots” joint stock
companies were listed on the MSE and issued
securities
• “Bats”, “Ci Ci Pi”, “Global Asset”, “Frontier”,
“Bloomsbury Securities” broker dealer
companies were listed on MSE
• A Memorandum of Understanding agreement
with Hong Kong Exchange was signed. We also
shared opinions and agreed to cooperate in
terms of “Mongol Bond” project with the Taiwan
GreTai Stock Exchange and signed letter of
Intent on implementing the MSE technology,
software reform and human resource capacity
building” project with the Korea Stock
Exchange
• Negotiating on Information Distribution
agreement with Bloomberg and Reuters
agencies in order to disseminate the MSE’s
information to the rest of the world
• Participated at both international and
domestic seminars, trainings and organized
seminars and trainings with foreign specialists.
Today the MSE is putting increased emphasis
on its operations, by improving its securities
trading system, technology to provide
beneficial, transparent, confident trading
environment also in educating investors, issuers
and participants of the securities market,
moreover to establish and co-operate with other
foreign exchanges and other professional
organizations in order to improve our operations
and strategies into the international standard.
FUTURE OUTLOOK
In 2008, the MSE will focus on achieving the
following goals:
• influence and assist in developing the
securities market legal environment
• create new products
• strain the listed companies by monitoring
inspecting implementation of the rules and
regulations
• reform IT systems and operating technologies
of the stock exchange
• change proprietary/ownership form of the
stock exchange
• strengthen the human resource capacity
• increase information coverage and
distribution
CONTACT INFORMATION
Contact Name Ms. J. Erdenbileg
E-mail [email protected]
Website www.mse.mn
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