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Markets

Yangon Stock Exchange to open to overseas investors March 20

Myanmar hopes foreign money will give sleepy bourse a shot in the arm

The exchange, known as the YSX, opened in March 2016 for trading only to Myanmar citizens.   © Reuters

YANGON -- International investors will be able to invest in stocks listed on the Yangon Stock Exchange starting March 20, but the question lingers whether the thin liquidity on Myanmar's only bourse will increase given the small pool of listed stocks.

The country's Securities and Exchange Commission gave the official green light Friday for foreigners, including non-residents, to participate in daily trading of listed shares. Both individual and institutional investors can now set up accounts at local brokerages. 

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