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  • Gazprom and China to Ponder Mongolian Pipeline to Deliver $400 Billion Gas Deal
    Monday, 08 September 2014

    large_sasol_gas_pipeline_-_temane_-_mozambique.jpgRussian energy behemoth Gazprom and China National Petroleum Corporation (CNPC) are to decide if their gas pipeline that is delivering their $400 billion agreement will run through Mongolia. Russian Natural Resources and the Environment Minister Sergei Donskoi revealed earlier this week that the two parties were considering the option after Russian President Vladimir Putin spoke with his Mongolian counterpart Tsakhiagiin Elbegdorj, who suggested the idea. Donskoi, who revealed that the issue has been under discussion for almost a year, said: “This issue will have to be discussed at the level of Gazprom and CNPC, as the buyer, they should make assessments, raise questions and put forth demands. Mongolia will have to answer these questions.”


  • Speaker addresses opening of plant of molybdenum concentrate Speaker addresses opening of plant of molybdenum concentrate
    Monday, 08 September 2014
    a97946cca995199f6fdc238b72f11bd3_l.jpgWhile in Orkhon province with a working tour, the Speaker of parliament Z.Enkhbold last Friday participated in an opening of a molybdenum concentration plant at the “Shim-technology” LLC. Co-founded by the “Erdenet Mining” Corporation and foreign investors, the plant has reopened with an investment from the Russian “Uralgipromez” company since it was closed in 2009 due to financial crisis, the Speaker noted and expressed a satisfaction with the reopening "which has coincided with times of the working visit of the Russian President Putin to Mongolia".

  • The new concentrate-processing plant commissioned
    Monday, 08 September 2014
    b454f3d6e64bdf9edceeb2918077295c_l.jpgA wet concentrate plant of Khudag Baishint iron deposit in Bulgan aimag was commissioned on September 6. The plant has been constructed by "Focus Metal Mining" LLC. The commission of this new plant’s first line has opened a new page in Mongolia’s metal industry development. The Khudag Baishint mine has spent USD 20 million of investment for the plant construction and has completed set-up and test works during 2012-2014.

  • Russia to lift restrictions on Mongolian livestock supplies -- Putin
    Thursday, 04 September 2014
    1059858.jpgRussia will lift restrictions on Mongolian livestock supplies, Russian President Vladimir Putin said on Wednesday. The ministries of both countries will be instructed to prepare a “roadmap” for expanding multilateral cooperation. The “roadmap” “should be aimed at creating new productions, stimulating trade and mutual investments, and expanding humanitarian contacts”, Putin said after talks with his Mongolian counterpart Tsakhiagiin Elbegdorzh.

  • Leaders of Mongolia and Russia make joint statement
    Wednesday, 03 September 2014

    92d13456cffd7807df30de6100afb4c5original.jpg The President of Mongolia and president of the Russian Federation, Vladimir Putin, made a joint statement after a ceremony for the signing bilateral agreements. President Ts.Elbegdorj noted, “in the scope of the visit, one-on-one and extended bilateral talks with Russian President V.Putin solved significant issues. In particular, Mongolia and Russia reached a wide understanding, exchanging views on the three neighbors'  relations. This visit had a busy schedule but its subjects were of great importance."


  • Turkey to provide Mongolia with 300 million USD soft loan
    Tuesday, 02 September 2014
    1d8c2e3bd3928f43dc78db0ec9e24cfabig.jpgDefense Minister of Mongolia D.Bat-Erdene attended the inauguration ceremony of Turkey’s president-elect Recep Tayyip Erdogan during an official visit to Turkey. Defense Minister D.Bat-Erdene also had a meeting with the Deputy Prime Minister of Turkey and Head of the Mongolia-Turkey Intergovernmental Joint Committee, Blent Arinc. The two exchanged  views on seeking ways to expand further bilateral economic and trade relations, reviewing the progress of the implementation of protocol from the VII Intergovernmental Committee Meeting in Ankara, in March 2013, and further measures to be taken. The Government of Turkey pledged to provide Mongolia with 300 million USD in soft loans.

  • Government obliges to select investors for Tavan Tolgoi deposit by November 1, 2014
    Monday, 01 September 2014
    cabinet_meeting.jpgAt the Cabinet meeting held on August 28, 2014, the Tavan Tolgoi deposit development issue was discussed due to stagnant situation ongoing on date. To remind, the preliminary selection of companies to invest and cooperate in Tavan Tolgoi deposit was announced in December 2010, where out of 15 companies forwarded their bids, 6 firms were selected and after considering, Mongolian-Russian Railways Consortium, Chinese Shenhua Energy Group and US Peabody Energy Corporation were picked to develop Tavan Tolgoi’s west block and were introduced to the National Security Council of Mongolia, but the Security Council rejected the proposals and delivered back to the Government.

  • What will be discussed during Putin's visit?
    Friday, 29 August 2014
    5f8b8eee77825083original-285x190.jpgThe Russian President will pay an official state visit to Mongolia on September 3. During the visit, the sides are expected to discuss transforming relations to a comprehensive strategic relationship. Negotiations have already begun on issues like infrastructure, transit transportation, bilateral investment problem solving, intensifying foreign trade, and bilateral visa-free travel of both nations’ citizens. The sides will discuss improving the economic capacity and legal environment of Erdenet, Mongol Rostsvetment and Ulaanbaatar Railway JSCs. Mongolia will have the opportunity to talk about cooperation expansion in agriculture and increasing meat exports.

  • Taiwan plans to help Mongolia in capital market
    Thursday, 28 August 2014
    mse_logo.jpgTaiwan plans to help Mongolia set up trading on an emerging stock board and a deposit insurance system, Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung said Wednesday. Tseng plans to visit Mongolia Thursday, a reciprocal visit following that country's financial supervisory officials' trip to Taiwan in July. The FSC may sign a supervisory memorandum of understanding (MOU) with its Mongolian counterpart during the trip for the trading on an emerging stock board, a market with less strict regulations than the over the counter (OTC) market, according to Tseng.

  • S. Korea, Mongolia boost ties
    Wednesday, 27 August 2014
    10392377_719146244799101_2966668205560770310_n.jpgThe government is strengthening relations with Mongolia, while paying close attention to the Central Asian country's abundant resources and geopolitical significance. Foreign minister Yun Byung-se and his Mongolian counterpart, Luvsanvandan Bold, agreed Tuesday in Ulaanbaatar to set up a joint committee this year to arrange regular bilateral ministerial meetings between the two countries. They also decided to establish a Mongolian consulate in Busan next year.

  • Mongolia-China border checkpoint adopts new technology
    Wednesday, 27 August 2014

    railway_nuurs-middle.jpgA Mongolian "Saikhan Ordos Tuuri" LLC has made an important change at Gashuunsukhait border checkpoint, our main export gateway to China. The company has installed belt transporter and detector at the Gashuunsukhait-Gantsmod border checkpoint.  Before this, a dust, following coal transportation, used to pollute air and cause lung diseases to the locals. Thanks to these changes, an export of coal--Mongolia’s main export product–will significantly increase,  say specialists who also emphasize that this technology is nature-friendly and is not harmful to people's health.


  • China state visit to Mongolia sees raft of rail, resource deals
    Tuesday, 26 August 2014

    China and Mongolia have signed 26 new deals on railroads, mining and power generation during Chinese President Xi Jinping's state visit that began on Thursday, Mongolia's Ministry of Foreign Affairs said. Closer economic relations with China may be landlocked Mongolia's answer to recent economic woes. Mongolia saw a 70 percent fall in foreign direct investment in the first half of 2014, but its southern neighbour is aiming for an expansion of trade to $10 billion a year by 2020.


  • The Bank of Mongolia and the People's Bank of China signed a new currency swap agreement with its size expanded to RMB 15 billion
    Monday, 25 August 2014

    mongolbank-logo.jpgOn August 21 2014, Zoljargal Naidansuren, Governor of the Bank of Mongolia (BoM) and Zhou Xiaochuan, Governor of the People's Bank of China (PBoC) signed a new currency swap agreement for a term of another three years, with its size expanded from RMB10 billion to RMB15 billion. The new agreement will be effective for three years, and can be extended by mutual consent and superseded the RMB10 billion currency swap agreement signed on 06 May 2011 and extended on 14 May 2014.


  • Mongolian and Chinese enterprisers establish cooperation documents
    Monday, 25 August 2014

    chinamongolia.jpgEnterprises of the two countries signed Thursday cooperation documents in frames of the state visit of Mr Xi Jinping, the President of the People’s Republic of China to Mongolia. The “Erdenes Mongol” LLC and the China Railway Engineering Corporation signed a memorandum of mutual understanding on establishing a partnership ties of cooperation. The “Gashuun sukhait” LLC, the Shenhua Group and the China Development Bank (CDB) signed a general agreement on financing the railway of the Gashuun Sukhait-Gants mod border checkpoint.


  • The Bank of Mongolia and the People's Bank of China signed a new currency swap agreement with its size expanded to RMB 15 billion
    Friday, 22 August 2014
    bankofmongolia_400.pngOn August 21 2014, Zoljargal Naidansuren, Governor of the Bank of Mongolia (BoM) and Zhou Xiaochuan, Governor of the People's Bank of China (PBoC) signed a new currency swap agreement for a term of another three years, with its size expanded from RMB10 billion to RMB15 billion. The new agreement will be effective for three years, and can be extended by mutual consent and superseded the RMB10 billion currency swap agreement signed on 06 May 2011 and extended on 14 May 2014.

  • Xi Jinping speaks to Mongolian parliament
    Friday, 22 August 2014

    779ac44ee1a29599e3c47904384f2e9ebig.jpgChina's President Xi Jinping, who is on two-day visit to Mongolia upon the invitation of President Ts.Elbegdorj, attended a special Mongolian parliamentary session meeting to give a speech. President Xi Jinping said, “We reached resolutions in a wider range of bilateral talks between China and Mongolia. Bilateral relations between the two countries moved into a comprehensive strategic partnership and over 20 economic agreements were signed. I am delighted about this visit. It is said that if a horse is good or bad, it is recognized from a long distance, and if a man is good or bad it is recognized  in a long-time friendship. China and Mongolia established  diplomatic relations 65 years ago. Mongolia was the first country that recognized the new China. We should not forget these significant relations. We will respect Mongolia's independence, sovereignty, immunity and its chosen path according to the China-Mongolia Friendship and Cooperation Treaty. I want to emphasize that bilateral relations between Mongolia and China have reached a high level. In particular, I note again that bilateral relations have had rapid expansion in the past two decades. Bilateral strategic partnership relations between the two countries will be maintained whatever changes come in international relations. I want the bilateral strategic partnership relations between the two countries to have development fast like a racing horse."


  • World Bank appoints new Country Representative for Mongolia
    Thursday, 21 August 2014

    42d678ae0e9c1b72280b600b3e2b53abig.jpgThe World Bank's new Country Representative for Mongolia has been appointed. New Country Representative for Mongolia James Anderson took office on August 18, to start next week. James Anderson is a U.S. national and a PhD in Economics. He is an experienced banker who has been working for the World Bank since 1997.


  • Mongolian and Chinese enterprisers establish cooperation documents
    Thursday, 21 August 2014

    a40e67021f7803ef4a7bca4068225615.jpgEnterprises of the two countries signed Thursday cooperation documents in frames of the state visit of Mr Xi Jinping, the President of the People’s Republic of China to Mongolia. The “Erdenes Mongol” LLC and the China Railway Engineering Corporation signed a memorandum of mutual understanding on establishing a partnership ties of cooperation. The “Gashuun sukhait” LLC, the Shenhua Group and the China Development Bank (CDB) signed a general agreement on financing the railway of the Gashuun Sukhait-Gants mod border checkpoint.


  • Mongolia Seeks Economic Lifeline With Pivot to China, Russia
    Wednesday, 20 August 2014

    erdenes-tavantolgoi.jpgAfter two decades courting Western investors and political allies, Mongolia is refocusing on foreign ties closer to home seeking to revive its economy. China’s President Xi Jinping is scheduled to arrive tomorrow in the country landlocked between his nation and Russia, as Mongolia’s economic woes mount. Growth is the weakest in four years, foreign investment has plummeted, inflation is rising and the currency has plunged to a record low.


  • Mongolia welcomes Chinese investment, says Beijing before Xi visit
    Monday, 18 August 2014

    a40e67021f7803ef4a7bca4068225615.jpgMongolia welcomes Chinese investment, Beijing said Monday, as President Xi Jinping prepares to visit the country where there is growing opposition to overseas control of its vast, largely untapped mineral reserves. The two countries are neighbours but Xi's trip to Ulan Bator on Thursday and Friday is the first by a Chinese head of state for more than a decade. It comes with resource nationalism the major issue in Mongolian politics, while Beijing is constantly on the look-out for resources to power the world's second-largest economy.


Daily Market Update
  • MSE Top 20 Powers Higher by 4.7%
    (July 7, 2014) In one of its strongest performances in the last 3 years, the MSE Top 20 closed 4.7% higher on volume of 54,000,000 MNT. Advancing stocks beat out decliners by a margin of almost 10-1, with 14 stocks trading up the daily limit of 15%.

  • Mongolian shares advance for 4th day in a row
    adl_chart.jpg(June 30, 2014) Mongolian shares advanced for the fourth day in a row. The MSE Top 20 index added +0.59% to end the session at 15,488.80. Out of 20 companies traded on the exchange, 14 stocks gained, 2 fell, and 4 remained same.

  • Mongolian Mining Corporation and Risun to Jointly Market and Sell Coal Products in China
    suu_chart.jpg(June 27, 2014) MSE stocks ended the week in green with 3-day advance. The benchmark index closed +0.46% higher at 15,398.32 points. Five stocks rose for every two stocks that fell on the bourse. Suu (SUU) was the most actively traded stock with MNT 29.9 million worth of shares exchanged hands.

  • APU (APU:MSE) Launches New Milk Factory
    apu_chart.jpg(June 26, 2014) Mongolian shares edged higher on Thursday. State Department Store (UID) was once again the most actively traded stock of the day. The stock closed -3.5% lower at MNT 560. Today APU (APU:MO) officially opened its new milk factory.

  • Turnover for Wednesday at $110 thous.
    (June 25, 2014) uid.jpgMSE stocks rebounded on Wednesday. The benchmark index gained +0.54% to finish the day at 15,326.05 points. State Department Store (UID) was the most actively traded stock of the day. It also led today’s gainers with +9.4% advance. Total of 310 thousand UID shares were changed hands at MNT 580.

  • Rio Disputes Mongolia Claim Over Unpaid Taxes
    mrx_chart.jpg(June 24, 2014) MSE stocks dropped for the second day in a row. The MSE Top 20 index fell -0.59% to sit at 15,243.17 points on Tuesday. Merex (MRX), the newest MSE-listed company, saw its share dropping -4.9% to close at MNT 106.04. The company offered its shares at MNT 100 per share in April. Tavantolgoi (TTL), the second largest company on the MSE by market value, declined -3.4% to sit at MNT 4,807.

  • Chairwoman of the Federation Council of Russia arrives
    suu_chart.jpg(June 23, 2014) Mongolia stocks started the week in red after 2-day advance. The benchmark index dropped -0.57% to 15,333.37 points on Monday. 246 thousand Silikat (SIL) shares worth of MNT 55.4 million were traded on the exchange. The company is buying back its shares at MNT 225.

  • Turnover for Friday at US$ 180 thousand
    tck_chart.jpg(June 20, 2014) MSE stocks ended the week in green. The MSE Top 20 rose +0.81% on Friday to sit at 15,420.95 points. The index gained +1.68% over the week. Mongol Nekhmel’s (MNH) 70 thousand shares worth of MNT 318.8 million were exchanged hands at a price of MNT 4,505 as a block trade.

  • Draft Law on Casino approved by the Cabinet
    beu_chart.jpg(June 18, 2014) On Wednesday, only 8 companies were traded on the MSE, but daily turnover recovered to MNT 32.5 million. Berkh Uul (BEU) was the most actively traded stock during the day. 9,785 shares of BEU worth of MNT 31.3 million changed hands at a price of MNT 3,200.

  • MSE stocks end 3-day advance amid low volume
    shv_chart.jpg(June 17, 2014) Mongolia stocks declined -0.29% ending 3-day advance on Tuesday amid low turnover. Turnover for the day was only MNT 5.5, one of lowest this year. Mongol Nekhmel lost -14.5% to close at MNT 5,300. Shivee Ovoo dropped -6.8% to hit its 9-month low of MNT 4,800. Berkh Uul (BEU) also fell -5.9% to sit at MNT 3,200, its lowest close since April.

     


  • Eight Korean businesses propose opening Mongolian branches
    hgn_chart2.jpg(June 16, 2014) The MSE Top 20 index rose for the third day in a row to gain +0.3% to end at 15,210.38 points. Khukh Gan (HGN) led the gains with +14.7% increase, followed by Hermes (+3.33%). On the other hand, Material Impex (-6.5%) dropped to MNT 14,500, and Makh Impex (-5.2%) fell to MNT 2,920.

  • Silikat buys back shares
    sil_chart.jpg(June 13, 2014) On Friday, almost MNT 3 billion worth of shares changed hands on the MSE. Silikat repurchased MNT 3 billion worth of 13.3 million of its shares. 2013 Silikat Annual General Meeting, which was held last April, decided to cancel the IPO of 2011 and buy back its 16.2 million shares at price of MNT 225 per share.

  • Khukh Gan (HGN) drops to near 5-year low
    hgn_chart.jpg(June 11, 2014) MSE stock dropped on low volume. On the bourse, only 10 companies were traded with total turnover of MNT 11.2 million on Wednesday. Sharyn Gol (SHG), which is the 3rd biggest company in the MSE Top 20 index, fell -5.1% to close at MNT 7,120.

  • MSE stocks fell amid unexpected selloff
    tck_chaty.jpg (June 10, 2014) The unexpected selloff at the MSE resulted the Top 20 index to lost as much as -3.66% after declining -0.05% on Monday. Out of 14 Board A companies traded on the bourse, all except Suu (SUU) ended the session in red.

  • Silikat JSC's securities trading suspended
    mie_chart.jpg(June 6, 2014) Mongolia stocks edged up +0.03% to extend its winning session to four straight trading day. According to Silikat JSC’s shareholders meeting decision of 30 April 2014, FRC announced the suspension of securities trading of Silikat JSC starting from 3 June 2014, according to the Mongolian Stock Exchange.

  • MSE stocks up for third day
    mib_chart.jpg(June 5, 2014)Mongolia stocks close higher for third day in a row. The MSE Top 20 added +0.81% to sit at 15,570.61 points. Moninjbar (MIB), Mongol Nekhmel (MNH), Telecom Mongolia (MCH), and Gazar Suljmel (SUL) gained more than 10 percent.

  • Mongolian stocks rise for second day
    ttl_chart.jpg(June 4, 2014) Mongolia shares closed in green for a second day, following yesterday’s +3.8% increase. The benchmark index added +1.34% to end the session at 15,444.87 points. Out of 31 stocks traded, 17 were up, 9 were down, while 5 stocks remained same. Gutal (GTL), State Department Store (UID), Aduunchuluun (ADL) and Eermel (EER) soared more than 10 percent.

  • MSE stocks surge 3.8% to wipe out 7-day losses
    shv_chart.jpg(June 3, 2014) MSE Top 20, the benchmark index of the market, surged +3.8 percent on Tuesday wiping out its 7-day losses. Out of 20 companies traded on the bourse, 10 companies advanced and only 1 company decreased. Shivee Ovoo (+12.5%) led gains followed by Tavantolgoi (+10.1%), and APU (+6.2%).


  • Cabinet discusses PM's participation in SPIEF
    apu_chart.jpg(June 2, 2014) Mongolian stocks fell for a seventh day, led by declines in Material Impex (-6.0%), APU (-2.9%), and Darkhan Nekhii (-2.6%). APU (APU), the largest beverage producer of the country, has been the biggest dragger of the index recently. APU extended its losing streak to 4 consecutive days of trading, sliding 2.9 percent today to an 18-month low. In March 2014, the company reported a 32 percent drop in annual sales and a 83 percent drop in annual earnings for the fiscal year 2013. The shares are recently trading at 62.8 times earnings. APU introduced fully automated logistics center and Kaltenberg products in 2013.

  • Resolution submitted to parliament to dismiss Minister N.Batbayar
    apu_chart.jpg(May 30, 2014) Mongolia’s stocks fell for sixth day as large-cap companies on the MSE drop. The benchmark index lost -1.24% to end the session at 14,814.37 points. The Top 20 index lost as much as -3.64% this week. APU (APU), the largest company by market value on the MSE, was the biggest dragger. APU closed at MNT 3,500, losing -1.7%, its lowest close since March 2013.

BDSec WEEKLY
  • BDSec WEEKLY - 15th week
    (Apr. 8th - Apr. 12th) MSE Top 20 index lost 0.26% to 15,017.8 points whilst BDS index went down to 0.74% to 3,133.1 points. Despite the fact that companies reported strong financials in 2012 which have started being announced to the public at their annual general meetings this month, both indexes have been losing value for 12 weeks in a row, reaching its 27-months low value.

  • BDSec WEEKLY - 8th week
    (Feb 18th - 22th) MSE listed companies started announcing their year-end financials: net profit of most actively traded companies has grown by 42.1% in 2012 and sales revenue of those companies went up by 25% in the same year

  • BDSec WEEKLY - 6th week
    (Feb 4th – Feb 8th) Market closed at lower value on the verge of Lunar New Year: MSE TOP20 index went down by 0.3% to 17,627.3 points whilst BDS index dropped by 2.0% to 3,767.0 points.

  Market summary
Index
value Change Date
BDS
3720.29 1.42% 2014-09-16
TOP20
16163.81 1.11% 2014-09-16
Stock Market Information
  • Standard
  • Non-standard
Symb Volume Close Change
TTL
450
5100
0.99%
UID
447
560
-0.88%
MCH
200
1450
0.00%
MSE | 2014-08-28
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Exchange Rate

Metal Ask Bid
68,604.18
68,731.50
1,097.92
1,225.24
 
Date : 2012-06-14
Petrol Ask Bid
1950
0
1850
0
1500
0
Date : 2012-03-26
Bond name
Par value
Interest% (month)
100000 USD
6.25 %
10$ USD
11
5000 төгрөг
1.64


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