Mongolian Stock Exchange
Stock exchange in Ulaanbaatar, Mongolia / From Wikipedia, the free encyclopedia
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The Mongolian Stock Exchange (MSE; Mongolian: Монголын Хөрөнгийн Бирж/Mongolyn Khöröngiin Birj) is Mongolia's sole stock exchange. It is based in Ulaanbaatar[5] and was established in January 1991 by the decree of the Mongolian Government to privatize state-owned assets.[6]
Type | Stock exchange |
---|---|
Location | Ulaanbaatar, Mongolia |
Coordinates | 47°55′04.6″N 106°54′57.0″E |
Founded | 18 January 1991 |
Owner | State |
Key people | Togtokhbayar.D (Chairman), Altai.Kh (CEO) |
Currency | Mongolian tugrik (MNT) |
No. of listings | 186[1] |
Market cap | MNT 10.9 trillion (USD 3.2 billion) (JUL 2023),[2][3] |
Volume | MNT 580.51 billion (2022) |
Indices | TOP20, MSE A and MSE B[4] |
Website | mse.mn |
The MSE has seen rapid growth since 2006. In 2010, the MSE was the world's best-performing stock market after an increase of 121 percent. MSE ranked the second best performing stock exchange in the world with 57.8 percent increase after Venezuela Caracas Stock Exchange, which increased by 80.8 percent.[7][8][9] As of September 2022, it has 180 listed companies with a combined market capitalization of 4.9 trillion MNT (US$1.5 billion).