Gobi Cashmere (GOV) post financial results for 2015

MSE Top 20 recovered 2.34 percent on Monday as APU rose +13.4% to MNT 3,689, wiping out its Friday’s loss of 13.6%. Gazar Suljmel (SUL) jumped +14.9% to MNT 57,450 as dividend season is approaching. SUL is known as a MSE-listed company that pays highest dividend for the last few years. Suu (SUU) added +1.6%… Read more »

SUU Shareholders' Meeting approves 1,000-1 stock split

MSE Top 20 index lost 0.49 percent on Monday. Coal miners Shivee Ovoo (SHV) and Aduunchuluun (ADL) fell more than 5 percent. Shares of Suu (SUU) advanced +2.2% after the Company’s Shareholders’ Meeting approved the stock split of 1,000-1 on Friday. Suu shares are the most “expensive” stock on the MSE. The shares ended the… Read more »

MSE ends week in green

MSE ended the week in green. The benchmark index gained 0.79 percent today to 11,740.04 points. But the index lost 3.63 percent this week. Frontier Land Group (MDR) and Ulaanbaatar BUK, a construction material producer, jumped  +15.0% on few shares. Moninjbar (MIB), Khukh Gan (HGN), Eurofiu Asia (SOI), Naco Fuel (NKT), and Chatsargana (CHR) gave… Read more »

State Department Store jumps +12.0%

MSE shares lost 0.95 percent on Thursday as 3 stocks fell for every one that rose. State Department Store (UID) came back to MNT 532, wiping out yesterday’s +12.0% gain. Nomin, one of Mongolia’s largest and most successful retailers and related parties own approximately 70% of State Department Store. UID covers 10,540 square meters of… Read more »

Mongol Post (MNP) retreats after 5-day advance

MSE Top 20 index advanced 0.53 percent on Wednesday, after nearly touching its 6-year low. State Department Store (UID) jumped +12.0% to close at MNT 595.77, its highest closing price since last December 3. Mongol Post (MNP) saw its shares decline the first time since its IPO. MNP retreated -10.6% today to MNT 287.71, ending… Read more »

MSE Top 20 heading to 6-year low

MSE Top 20 index further lost 1.49 percent on Tuesday, heading to its 6-year low. BDSec (BDS) fell -14.9% to MNT 1,650 on 305 shares. Talkh Chikher (TCK) retreated -3.5% to MNT 16,310. Makh Impex (MMX) recovered +4.1% to MNT 2,950. Mongol Post (MNP) advanced 5th day in row to MNT 321.68, up +2.9% today…. Read more »

MSE Top 20 index fell to lowest level since August 2010

MSE Top 20 index fell to lowest level since August 2010 at 11,873.58 points, as index components Ulaanbaatar BUK (BUK), APU (APU), and Makh Impex (MMX) lost -13.8%, -6.4%, and -5.5%, respectively. Mongol Post (MNP) advanced for the 4th day in a row today to MNT 312.48, up +11.4% for the day. MNT 10 billion… Read more »

Mongol Post advances 15% for 3rd day in a row

MSE Top 20 index ended the week in green. The index added 0.36 percent today and it advanced 0.34 percent over the week. Mongol Post (MNP) jumped +15% for the third day in a row. The stock is up +51.6% to MNT 280.51 from its IPO price of MNT 185 in three days. Material Impex… Read more »

MSE offers 3-month and 3-year government retail bonds

MSE Top 20 index declined 0.49 percent to 12,138.72 points on Thursday. Mongol Post (MNP) surged +15% for the second day on 92K shares. There will be 3-month and 3-year bonds offered on the MSE. The yields are 13.56% and 15.75%, respectively. Turnover for today was MNT 26.8 million.

MSE Top 20 basket renewed

MSE Top 20 index added 0.21 percent to 12,198.44 points on Wednesday. Secondary market trading for Mongol Post (MNP) opened today. The stock jumped +15.0% to MNT 212.12 on 114,550 shares. The IPO price was MNT 185 per share. The Prime Minister Ch.Saikhanbileg Tuesday received representatives of shareholders of the MNP. 34% of the company’s… Read more »

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