Greetings from the Mongolian Stock Exchange and Happy New Year to the securities market participants, issuers, investors and the public!

The year 2019 has been full of achievements and success for the Mongolian Stock Exchange and the Mongolian capital market. The total trading value reached MNT 143 billion this year and four companies issued new securities raising MNT 42.4 billion, setting the record for the highest primary market trading value in the 29-year history of the Mongolian stock market.

The foreign institutional investor, Rhinos Asset Management Company from Korea has established its branch office “Rhinos Asset Management Mongolia” and started its investments into our listed companies.

Mongolian Stock Exchange initiated, drafted and approved the “Closed End Fund Listing Rules”, creating the legal foundation and enabling the listing and trading of the investment fund units.

In order to increase public knowledge and awareness of the stock market, “Open Market Day” was organized in 10 aimags and 6 soums, in addition to providing capital markets training to more than 54,000 citizens in 21 aimags and 330 soums in cooperation with Erdenes Tavan Tolgoi JSC.

In the coming year 2020, we will continue with our success and take a leadership role in the creation of domestic professional investors including the pension system reform and the revision of the legal framework for investment funds. We will work to increase market activity and liquidity by successfully launching new products and services, such as the asset-backed securities and the trading of shares of Erdenes Tavan Tolgoi  JSC owned by the 2.5 million Mongolian citizens.

We wish you all Happy New Year and continued success in 2020.