PREMIER OPENS STOCK EXCHANGE TRADING

Ulaanbaatar, /MONTSAME/ Premier S.Batbold visited the Stock Exchange on Monday to open a security trading of this day to mark the 19th anniversary of the establishment of the Stock Exchange in Mongolia. This was the 3,634th trading of Stock Exchange since its foundation.
In his opening remarks the Prime Minister stated,"There is a demand and also a possibility to promote the stock market in Mongolia in new content and environment." He announced that government will render all kinds of help to boost the stock exchange market.
Since the inception of the Mongolian Stock Exchange, about 500 national professionals and over 50 stock specialized companies are operating to enhance the security market for contributing to the country's economy. In addition, some 300 foreign investors and 11 overseas brokering firms are working in Mongolia's stock industry.
"Presently, a number of domestic stockholders reached 460,000 in the security market, and there are about 500 foreign stockholders. Foreign investors are interested in becoming shareholder of Mongolian mining companies registered in the MSE. Moreover, they want to get shares of national companies like APU, Spirit Bal Buram and Bayangol Hotel," Chairman of MSE
R.Sodkhuu said.
S.Batbayar
17.45