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What is Mongolian Stock Exchange mean?
The Mongolian Stock Exchange (MSE) (Mongolian: Монголын Хөрөнгийн Бирж/Mongolyn Khöröngiin Birj) is Mongolia's sole stock exchange. It is based in Ulaanbaatar. It was established in January 1991 by the decree of the Mongolian Government to privatize state-owned assets,.
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. As of February 2019, it has 218 listed companies with a combined market capitalization of 2.5 trillion MNT (US$946.6 million).
referencePosted on 28 Nov 2024, this text provides information on Miscellaneous in Stock Exchange related to Stock Exchange. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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