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  • PM Ch.Saikhanbileg: "OT is settled, now it is time to forward Tavan Tolgoi project"
    Friday, 22 May 2015
    -22052015-1432256934-340368056--22052015-1432250028-1255085898-saihanbileg0522.jpg(May 22, 2015) After returning home on May 21 from a working visit in the United Arab Emirates, the Prime Minister Ch.Saikhanbileg called a press conference and made a statement about the results of this visit and the signed Oyu Tolgoi Underground Mine Development Plan. "The visit has brought us a grip full of success. The Oyu Tolgoi Underground Mine Development and Finance Plan has been signed in Dubai. Preceding it negotiations had taken place in Ulaanbaatar, Omnogovi province, Singapore and Dubai. The news about this milestone has been spreading rapidly worldwide," he said.

  • Mongolia to cooperate with CI Bank
    Thursday, 21 May 2015
    (May 21, 2015) -21052015-1432175842-1634601341-geree-arab.jpgA memorandum on cooperation between the government of Mongolia and the CI Bank was inked Wednesday by Mr Kh.Gantsogt, the State Secretary of Mongolia’s Ministry of Finance, and by authorities of the bank. It happened on fields of the working visit of Mongolian PM to the United Arab Emirates (UAE).  The memorandum lays down that the sides will create an investment fund of USD one billion for financing the biggest projects on great construction in Mongolia. The CI Bank--a joint group of the UAE’s financial institutions--said it is ready to purchase bonds if they will be issued by the Mongolian government.

  • The Government of Mongolia, Erdenes Oyu Tolgoi, Turquoise Hill Resources and Rio Tinto have today signed the "Oyu Tolgoi Underground Mine Development and Financing Plan"
    Tuesday, 19 May 2015
    f75f4fb03532fb60c712e58346624198.jpg(May 19, 2015) The Government of Mongolia, Erdenes Oyu Tolgoi, Turquoise Hill Resources and Rio Tinto have today signed the “Oyu Tolgoi Underground Mine Development and Financing Plan”, under which they agreed to move forward with developing and exploiting the underground resources of this extraordinary deposit. Mongolia is Open for Business
    1. The Oyu Tolgoi Project has already unlocked tremendous value for Mongolia in the form of investment inflows, job creation and the introduction of international technical, environmental, managerial and accounting standards within the workforce and among its suppliers.
    2. The Oyu Tolgoi Project has allowed the Government of Mongolia to gain valuable experience in dealing with foreign investors and managing the county’s strategic assets. There is no doubt that moving forward with the Oyu Tolgoi Project will improve the investment climate in Mongolia. Mongolia is now well positioned to attract and welcome new flows of foreign capital into its economy. The Government is confident that Mongolia will quickly regain its position as one of the fastest growing economies globally.

  • India Extends Mongolia $1 Billion Credit Line for Infrastructure
    Monday, 18 May 2015

    1200x-1.jpg(May 18, 2015) India will provide Mongolia with a $1 billion line of credit to help fund railway, power and other infrastructure projects, a much-needed boost for the north Asian country struggling to right its slowing economy. “We will take our economic partnership to a new level,” Indian Prime Minister Narendra Modi said today at a joint press conference with his Mongolian counterpart, Saikhanbileg Chimed. Mongolia is looking for ways to finance and expand a network of road and rail corridors to help increase mineral exports to China and beyond. It’s also developing new coal fired power plants and wind farms to reduce energy reliance on neighboring Russia.

  • TDBM guaranteed bonds offer premium to Mongolian sovereign
    Tuesday, 12 May 2015

    tdb.gif(May 12, 2015) Trade and Development Bank of Mongolia is marketing a five-year non-call three US dollar benchmark bond to yield around 9.75%. The 144A/Reg S issue is guaranteed by the Government of Mongolia, but, unusually, pays a hefty 320bp over the interpolated sovereign curve. The expected issue size is US$500m. TDBM earlier cut the size of its MTN programme to US$500m from US$1bn. Moody's and S&P assigned ratings of B2 and B+, respectively, to the proposed bonds.

  • Copper shortage coming sooner: Rio Tinto
    Monday, 11 May 2015

    jean_sebastian.jpg(May 11, 2015) Rio Tinto's copper boss Jean Sebastien Jacques believes the outlook for the red metal has improved significantly in just six months, with a long-awaited shortage of supply set to emerge up to two years earlier than previously thought. Speaking in Perth this week, Mr Jacques declared parts of his market appraisal last December – where he predicted a shortage of copper would not emerge until 2018 or 2019 – were out of date already. The first three months of 2015 saw supply from some of the world's largest copper mines interrupted, with mechanical failures cutting output from Olympic Dam in February while heavy rains affected operations at several large mines in Chile.


  • PM Ch.Saikhanbileg: Taxes will not be increased or decreased
    Tuesday, 05 May 2015
    pm_saikhanbileg.jpg(May 5 ,2015) Taxes will not be increased or decreased, pointed out Prime Minister of Mongolia Ch.Saikhanbileg during an official statement made at the parliamentary session meeting last Friday. According to the tax payment performance reported in International Finance Corporation’s 2015 entrepreneurship survey, Mongolia ranked 84th for its pleasant tax environment and became the world’s 28th country for less taxation.

  • 197 billion MNT in loans to be provided to UB hotels
    Monday, 04 May 2015
    211a29db8b6c4df8ae211b33e82e7b71big.jpg(May 4, 2015) The Office of the President has announced that more than 197 billion MNT in loans will be issued to Ulaanbaatar hotels to prepare for the reception of guests attending the Asia Europe Meeting (ASEM) Summit being held in Mongolia next year. In total, 43 hotels will receive guests and representatives attending the ASEM Summit. There will be 3,586 rooms with 5,379 beds for guests and 37 presidential suites available for leaders of countries participating in ASEM.

  • Newcom, SB Energy Win Permit for 50-MW Wind Farm in Mongolia
    Friday, 01 May 2015

    newcom.jpg(May 1, 2015) A 50-megawatt wind farm in Mongolia’s South Gobi area can commence construction, advancing the nation’s goal of increasing its clean energy sources. The $100 million Tsetsii plant received its permit from the National Dispatching Center, which manages Mongolia’s grid, said Bolor Jargalsaikhan, chief executive of joint operator Newcom LLC. Mongolia has set a target to derive 20 percent of its energy from renewables by 2020. More than 90 percent of the country’s energy currently comes from Soviet-era coal-fired power stations located in the capital Ulaanbaatar, one of Asia’s most polluted cities.

  • Mongolia's TDBM to issue government-guaranteed bonds
    Thursday, 30 April 2015

    tdb.gif(Apr 30, 2015) Trade and Development Bank of Mongolia is set to return to the US dollar market after the Government of Mongolia stepped in to guarantee its MTN programme. The lender has hired Bank of America Merrill Lynch, ING and Deutsche Bank as joint bookrunners to arrange meetings with fixed-income investors in Asia, Europe and the US, starting Monday.

  • President Ts.Elbegdorj will be visiting Tokyo in May 2015 to discuss the Mongolia-Japan Economic Partnership Agreement
    Monday, 27 April 2015
    president_elbegdorj_tsakhia.jpg(Apr 27, 2015) The Japanese Sankei Shimbun daily reports that the President of Mongolia, Tsakhia Elbegdorj will be conducting a working visit Japan on May 20-25, 2015. President Ts.Elbegdorj will be having a bilateral talk with the Prime Minister of Japan, Shinzo Abe during the participation an international event scheduled on May 21-22 and to discuss the ongoing implementation process of the Mongolia-Japan Economic Partnership Agreement (EPA).

  • Oyu Tolgoi signs Cooperation Agreement with Umnugobi communities
    Thursday, 23 April 2015
    ot_media_release_pr_20150422_2.jpg(Apr 23, 2015) Oyu Tolgoi LLC today signed a Cooperation Agreement with its partner communities – composed of the Umnugobi aimag, and the Khanbogd, Manlai, Bayan-Ovoo and Dalanzadgad soums. The agreement sets out how the parties will work together towards sustainable development in important areas such as water, environment, pastureland management, cultural heritage, tourism, local business development and procurement. The main goal of the agreement is to provide a strong governance structure for Oyu Tolgoi and local communities to achieve more effective cooperation and address mutual obligations. Under the agreement, Oyu Tolgoi will make a contribution of US$5 million every year to a Development Support Fund (DSF) – administered jointly between Oyu Tolgoi and the Community – for community programmes and projects in the Umnugobi aimag.

  • Mongolia deal gives guarantee to lenders for major mine project
    Wednesday, 22 April 2015

    miga.png(Apr 22, 2015) Mongolia has extended its cooperation with a World Bank insurer, overcoming another obstacle ahead of a $5.4 billion (3.87 billion pounds) expansion project to its largest mine, the Oyu Tolgoi copper deposit. Disputes with Oyu Tolgoi's lead developer, Rio Tinto (RIO.AX), have prevented the construction of an underground mine that Rio says will unlock 80 percent of the copper wealth. The Multilateral Investment Guarantee Agency Mongolia (MIGA) said on Monday Mongolia had extended its cooperation with it from April 18.

  • Oyutolgoi LLC and Erdenet Mining Corp. signed a memorandum of cooperation
    Tuesday, 21 April 2015

    (Apr 20, 2015) -20042015-1429499589-1371917152-160409-20042015-1429498641-1785635006-dsc_0445.jpgToday, the Speaker of the Parliament Z.Enkhbold participated in the signing ceremony oF Memorandum of Cooperation between Oyutolgoi LLC and Erdenet Mining Corp. General Director of Erdenet Mining Corp. Ts.Davaasuren and President and Chief Executive Officer of Oyutolgoi LLC, Andrew Woodley signed Memorandum of Cooperation which is to improve conditions of health, safety and environment and local communication standard and to develop Mongolian mining sector.

  • China's Shenhua signs first coal trade deal with Mongolia
    Monday, 20 April 2015

    shenhua.jpg(Apr 20, 2015) China's biggest coal producer, the Shenhua Group, has signed a deal to buy 1.2 million tonnes of high-grade coking coal from Mongolia, a move that could help pave the way for the state-owned firm to invest in one of Mongolia's biggest mines. China's State-Owned Assets Supervision and Administration Commission (SASAC) said in a notice posted late on Friday that the transaction signed by Shenhua's foreign business arm and Mongolia's Energy Resources LLC was the first such deal between the two sides and would "build good foundations for future cooperation in trade and other activities".

  • Mongolia Bonds, Mining Stocks Rise on Rio Tinto Deal Optimism
    Friday, 17 April 2015

    mongolia_map.jpg(Apr 17, 2015) Mongolian dollar bonds rallied this month, pushing the five-year yield to a 22-month low, and stocks of resource companies with operations in the nation rose after the government signaled it is looking to clear stalled mining deals. Prime Minister Saikhanbileg Chimed, in a nationally televised address on April 5, outlined his plans to revive the economy, including the resolution of a dispute with Rio Tinto Group on the $6.6 billion Oyu Tolgoi copper mine.

  • From Miami to Mongolia: Adventures in a Frontier Boom-Town
    Wednesday, 15 April 2015

    emerging-frontiers-300x300.png(Apr 15, 2015) Mongolia is a land of stark contrasts.  It has the lowest population density of any country on earth, yet its population is fewer than three million – and over half of them live in the capital of Ulaanbaatar.  For context, note that the country is three times the size of France, but its total population only slightly outnumbers that of the city of Lyon.   Mongolia’s frozen steppes bring long, lonely winters (the worst are called “zud”, and can prove devastating to animal herds that the nomads depend upon for survival) that contrast with the brief but brutal heat of summer.

  • President Reports to Parliament
    Monday, 13 April 2015
    58701648a45b624b87c9ca074630e508big.jpg(Apr 13, 2015) The President of Mongolia Ts.Elbegdorj gave parliament on Friday a report on his works implemented in a period from June 18 of 2009 to these days. Previous presidents used to report through official letters, but Mr Elbegdorj preferred to report personally. This the very first time in the 25 years of the democracy when parliamentary session witnesses such an event, this is demonstrating a distinguished feature of the democratic values. 

  • Fitch: A Mongolia-Rio Tinto Deal Would Be Credit Positive
    Thursday, 09 April 2015
    fitch-ratings1.jpg(Apr 9, 2015) An agreement between the Mongolian government and Rio Tinto to proceed with the phase 2 expansion of the Oyu Tolgoi gold and copper mine would help stabilise the sovereign credit profile from the current Negative Outlook, says Fitch Ratings. A deal could have potentially transformative effects for the country's external accounts and macroeconomic position, catalysing billions of dollars in new foreign capital inflows, accelerating economic activity, and providing relief to many of the country's key credit constraints. In turn, this would reinforce Mongolia's favourable development prospects.

  • Two Casinos of International Standards to Open in Mongolia
    Wednesday, 08 April 2015

    casino1.jpeg(Apr 8, 2015) The Casino Law will allow casinos to be established and operate in Mongolia, however initially the number will be limited to 2 casinos. The Legal Standing Committee is currently discussing the details of the Law. One stipulation states that only foreign citizens are permitted to patronize the casino; other states that should a patron lose $5000 USD, they would be banned permanently from entering the casino in the future. The Casino Law will initially limit the number of casinos to 2, allowing Mongolia to closely monitor and understand the business in detail before permitting additional operators in the future. It is unknown who will open and operate the casinos as none have been named to date.

Daily Market Update
  • Khukh Gan posts financial results for 2014
    stockcharthgn.png(Mar 4, 2015) MSE Top 20 index further dropped 0.50% on Wednesday, as Tavantolgoi (TTL) fell on for the second day in a row. TTL dropped further from its 16-month low, down -5.63% for the day. APU recovered 0.99% to close at MNT 3,567. Khukh Gan (HGN), a DRI manufacturer in Erdenet, lost -3.66% to close at MNT 105.97, its 2-month low. HGN’s sales increased 11-fold to MNT 1.8 billion in 2014, but it posted loss of MNT 825 million or MNT 8.2 per share.

  • MSE trades MNT 1.5 billion worth of government retail bonds
    stockchartttl.png(Mar 3, 2015) The MSE benchmark index lost 0.84% on Tuesday as the 2 largest MSE names dropped to their 9-month and 16-month lows. APU (APU), valued at MNT 262 billion, fell -1.64% to close at MNT 3,532 today while Tavantolgoi (TTL), valued at MNT 195 billion, lost -3.64% to hit its 16-month low at MNT 3,709. MSE traded MNT 1.5 billion worth of government retail bonds on Tuesday. Stocks turnover for Tuesday was MNT 30.2 million.

  • Darkhan Nekhii (NEH) announces 2014 financial results
    stockchartneh.png(Mar 2, 2015) MSE shares edged up 0.16% to 13,929.75 points on Monday. Talkh Chikher (TCK) added +2.21% to close at MNT 19,450, leading today’s gainers followed by State Department Store (+1.92%). Darkhan Nekhii (NEH), the country’s largest animal skin producer, announced its financial results for fiscal year 2014. The company’s revenue was up 37.1% to MNT 19.4 billion while its earnings came down 10.4% to MNT 1.86 billion. NEH last traded at MNT 17,000 per share and its PE ratio is at 10.1.

  • Remicon (RMC) hit its new 4-year low at MNT 87
    stockgraph3.png(Feb 27, 2015) Stocks declined -0.10% on Friday. Trading volume has been low throughout the week. Today’s trading turnover was MNT 9.7 million. Remicon (RMC) hit its new 4-year low at MNT 87. MSE reports that since November 2014, MSE organized short durations /3, 6, 12 months/ retailed government bonds trading in primary and secondary market worth MNT98 billion through 23 trading sessions. Investors and entities of 150 countries including USA, Great Britain, Japan, and South Korea, China and Malaysia and domestic investors participated in government retail bonds trading in the past.

  • Ulaanbaatar BUK earnings increased 45.7%
    stockgraph2.png(Feb 26, 2015) Stocks advanced on Thursday. Ulaanbaatar BUK (BUK) jumped +8.6% to close at MNT 38,000. BUK’s revenue grew 82% to MNT 16.1 billion in 2014, whereas its earnings increased 45.7% over the year to MNT 745 million or MNT 661 per share. The stock is trading 57 times its 2014 earnings. APU (APU) recovered from its 9-month low, up +1.3% to close at MNT 3,600.

  • APU hits 9-month low at MNT 3,555
    stockgraph1.png(Feb 25, 2015) MSE shares closed Wednesday session at 13,801.48 points, 0.14% lower than yesterday. Bulgan Guril Tejeel (GTJ) fell -10.1% to MNT 2,697, its 16-month low. Remicon (RMC), a concrete producer based in Ulaanbaatar, dropped -2.8% to MNT 88.44 to hit its new 4-year low. APU (APU), the largest MSE listed company by market value, lost -1.4% to MNT 3,555, lowest it’s seen since June 2, 2014. APU reported net loss of MNT 14.2 billion or MNT 190.8 per share in 2014, compared to MNT 4.0 billion earnings in 2013. The company’s sales increased 2.5% to MNT 198 billion in 2014, but they reported exchange related loss of MNT 21.5 billion in 2014, compared to MNT 15.1 billion in 2013.

  • $12 million worth of government bonds were traded on MSE
    stockgraph.png(Feb 24, 2015) On Tuesday, MSE trades MNT 23.4 billion (~US$ 12 million) worth of 12-week government bonds with 15.019% yield. Stock trading volume was low at MNT 9 million. Out of 7 stocks traded on the bourse, 5 declined and 2 remained same. Gobi Cashmere (GOV) was closed at MNT 7,400, down -0.27% for the day. GOV board has announced dividend of MNT 140 per share for FY14 with a record date of February 27, 2015. The dividend translates to payout of 10.4% for 2014.

  • 50 percent of 22th Baaz traded on Friday
    stockgraph.png(Feb 13, 2015) Mongolia stocks ended the week in red. The benchmark index closed 0.13% lower to 13,905.51 points. Turnover for Friday was MNT 286.7 million (~US$ 146.2K). MNT 207.3 worth of 50 percent of 22th Baaz (AHH) were exchanged hands at a price of MNT 205 per share. Tavantolgoi (TTL), the second largest MSE-listed company by market value, lost -2.5% to MNT 3,900, lowest price since November 2013. Shivee Ovoo (SHV) kept its momentum. The stock surged +14.8% to close at MNT 6,200. SHV advanced by MNT 1,700 or 38% this week.

  • Companies start posting their 2014 results
    stockgraph.png(Feb 12, 2015) MSE Top 20 index ended -0.36% lower on Thursday. Companies started posting their financial results for the year 2014. Out of 81 companies posted their year results, some of them performed very well in 2014. Ulaanbaatar BUK (BUK): BUK’s revenue was up 80.9% to MNT 16.1 billion in 2014 whereas its earnings increased 45.7% to MNT 745.8 million. Gutal (GTL): GTL’s sales revenue and earnings were up 49.7% and 165.3% to MNT 2.83 billion and MNT 1.46 billion, respectively.


  • MSE ends 5-day decline
    stockgraph.png(Feb 11, 2015) Mongolia shares closed the in green on Wednesday, ending 5-day decline. Remicon advanced +5.6% to MNT 95. Makh Impex (MMX) added +5.35 to close at MNT 3,750, its highest price in 2 months. Ulaanbaatar BUK (BUK) lost -13.2% to MNT 33,000, its lowest price in 13-month. Baganuur (BAN) also closed -9.7% lower to hit its lowest price since September 2009. Turnover for Wednesday was MNT 29.3 million.

  • MSE shares decline 5th day in a row
    stockgraph.png(Feb 10, 2015) MSE shares declined for the 5th day in a row on Tuesday. The MSE All index fell 0.21% to sit at 996.87 points. Auto Impex (AOI), Ikh Barilga (IBA) and Mongol Makh Expo (DLG) lost more than 14% on Tuesday. Shivee Ovoo (SHV), a 90% state owned thermal coal miner, advanced +4.44% to MNT 4,700, highest price year-to-date. Aduunchuluun (ADL) recovered from its 5-year low, adding +3.4%. Turnover for the day was MNT 30.5 million. 

  • Darkhan Nekhii (NEH) up 4.2% to MNT 18,760
    stockgraph.png(Feb 9, 2015) Mongolia shares edged lower 0.06% on Monday to continue its losing streak to 4 consecutive days. Naco Fuel (NKT) slumped -12.3% to MNT 270. Darkhan Nekhii (NEH) advanced +4.2% to close the day at MNT 18,760, its highest close since last September. 52-week low and high for NEH shares are MNT 13,010 and MNT 20,000.

  • Hermes (HRM) hit a new 1-year low at MNT 141.45
    stockgraph.png(Feb 6, 2015) Mongolia shares ended the week in red amid low volume. Only MNT 8.2 million worth of 16 companies’ shares were changed hands. The benchmark index fell 0.84% to sit at 14,034.58 points. BDSec (BDS) fell -12.3% to MNT 2,000 on 5 shares traded. Hermes (HRM) hit a new 1-year low at MNT 141.45, dropping -2.45% for the day. Makh Impex (MMX) added +2.9% to close at MNT 3,600, its highest price in the last one month.

  • MSE stocks hit its lowest close since October 2013
    stockgraph.png(Feb 5, 2015) MSE stocks declined 0.49% to 14,153.62 points on Thursday to hit its lowest close since October 2013. The largest MSE-listed company APU fell -2.4% to end the session at MNT 3,610. Aduunchuluun (ADL), a thermal coal miner in Eastern Mongolia, lost -3.1% to close at MNT 1,356, its lowest price since August 2010. On the other side, Gazar Suljmel (SUL) and Darkhan Nekhii (NEH) gained +10.4% and +1.3% respectively to hit their 3-month highs.

  • MSE renews Top 20 index
    stockgraph.png(Feb 4, 2015) MSE stocks plunged 1.44% on Wednesday, ending 3-day advance as 9 stocks dropped against 5 that rose. MSE renewed its Top 20 index basket by replacing Mogoin Gol (BDL), Hotel Mongolia (MSH), Silikat (SIL), and Suu (SUU) with Ulaanbaatar BUK (BUK), Hermes (HRM), Material Impex (MIE), and Makh Impex (MMX). Sharyn Gol (SHG) retreated -9.4% to MNT 5,800 after jumping +10.7% yesterday.

  • MSE stocks advance for the 3rd day in a row
    stockgraph.png(Feb 3, 2015) MSE Top 20 index advanced for the 3rd day in a row. The index gained 0.42% to 14,431.44 points. Khukh Gan (HGN) jumped +11.7% to hit its 4-month low high at MNT 122.69, after gaining +13.3% yesterday. Talkh Chikher (TCK) advanced +3.1% to MNT 20,000 to close at MNT 20,000, highest close since October 30. On the other hand, Mongolian Development Resources (MDR) hit new all-time low at MNT 425.05. Turnover for the day was MNT 34.5 million.

  • State Department Store (UID) drops to 7-month low
    stockgraph.png(Feb 2, 2015) Mongolian stocks started the week in green. MSE Top 20 index advanced 0.56% to 14,370.46 points as 3 stocks gained for every 2 that lost. Turnover for Monday was MNT 526.9 million or US$ 271 thousand.  There was a block trade for E-Trans Logistics (ETR) worth of MNT 500 million. State Department Store (UID) dropped -5.5% to MNT 520, lowest close since Jun 19, 2014.  Talkh Chikher (TCK) gained +3.9% to MNT 19,400, its highest close since last December.

  • MSE is to introduce Market Makers
    (Jan 30, 2015) stockgraph.pngMSE stocks ended the week in green ending 3-day decline. The benchmark index edged up 0.05% on Friday. Mongolian Stock Exchange is about to introduce market makers starting February 16. They said: “Even though brokerage companies of Mongolian stock exchange have double duties for broker and dealer, activity of brokerage companies mainly limited by implementing buy and sell order of its clients. Thereupon investors face problems with buying and selling their shares at any time they want, and it has a negative impact on market liquidity. Market makers will make buy and sell order for government securities, and it will increase liquidity of securities in the primary and secondary market. Mongolian capital market trading activity and participation of investors are expected to increase due to increasing buy and sell order from investors on a daily basis. Introduction of market makers structure will be available in shares and derivatives market in the future.”       

  • MSE to shift to T+1 from T+3
    stockgraph.png(jan 29, 2015) MSE Top 20 index closed -0.23% lower on Thursday. Turnover for the day was MNT 68.3 million. State Department Store (UID) led decliners by losing -5.2% to MNT 550, followed by Moninjbar (-1.4%). Mongolian Stock Exchange announced that it will shift to T+1 system from current T+3 starting from February 16.

  • APU traded intraday low at MNT 3,500
    stockgraph.png(Jan 28, 2015) MSE stocks fell -0.70% on Wednesday, as 10 shares drop and 4 shares advance. APU (APU) was the most actively traded stock today. The stock registered an intraday range of MNT 3,500 and MNT 3,700 and closed at MNT 3,700. Mogoin Gol, Shivee Ovoo, and Suu shares lost more than 11%, but only single share from each one was traded. Turnover for the day was MNT 17.2 million. MSE announced its government retail bond terms for next Tuesday. 52-week bonds with a face value of MNT 100,000 have interest rate of 16.125% and there will be monthly coupons.

  • 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
value Change Date
2857.00 -0.40% 2015-05-27
12692.48 0.23% 2015-05-27
Stock Market Information
  • Standard
  • Non-standard
Symb Volume Close Change
MSE | 2015-02-24
Real Time Stock Market Quotes
Flash Player
Short term Mongolian Bond Offers an Unique Opportunity 
BDSec JSC Follow-Up Offering Prospectus 
MSE Stealth Bull Market Intact and Accelerating
A Quantitative Look at Mongolian Equities 2014
Longer Duration GOM MNT Denominated Bond Auctions a “Capital” Idea
Mongolia Growth Group Hires Global Property Expert as CEO
Presentation for BCM Monthly Meeting, 25 February 2014
Lackluster 2013 for MSE Top 20 Masks Stealth Bull Market in High Quality Stocks
Tavantolgoi TTL Initiation Coverage (Nov 2013)
Odds on Resolution of Phase 2 at Oyu Tolgoi are going up
Sharyn Gol Expands Operations into Value-Added Products
Resolution of Issues Surrounding Phase 2 at Oyu Tolgoi Probably not Imminent
RIO Extends Bridge Facility and an Olive Branch to Minority Shareholders
Sharyn Gol (SHG:MO) to acquire Naco Fuel (NKT:MO) to expand its business
TRQ Provides Update on Bridge Financing, Management Appears Intent on Dilution
OT Finally Ships Concentrate, Management now is the Focus
A Quantitative Look at Mongolian Equities
Exchange Rate

Metal Ask Bid
Date : 2012-06-14
Petrol Ask Bid
Date : 2012-03-26
Bond name
Par value
Interest% (month)
100000 USD
6.25 %
10$ USD
5000 төгрөг

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