| STOCK | CHANGE |
PRICE |
| ZSB | 100![]() |
5011 |
| BHL | 61![]() |
471 |
| UID | 10![]() |
530 |
| HBO | 5![]() |
370 |
| UNS | 4![]() |
125 |
| GTB | 2![]() |
267 |
| The Mongolian stock market |
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The Mongolian Stock market provides for a unique investment opportunity since the market is still in its infancy and it is very easy for overseas investors to open up an account and buy Mongolian shares.
In 2006 the local stock market doubled in value and the first 6 months of 2007 saw another large gain in share prices. Given the fact that only recently activity in trading has increased (yet still far below levels seen at other Asian stock markets) and the fact that Mongolians are getting richer, it is expected that the market here will continue to grow exponentially. Furthermore, Mongolia has a population of over 1 million inhabitants and sits on top of enormous gold, copper and coal reserves. These have barely been touched; once mining begins there will be huge tax revenues for the government which translates into high revenue per capita. |
| Bloomberg and Reuters coming to MSE |
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11/12/2007 The Director of the Mongolian Stock Exchange has announced that they are entering the final stages of talks with Reuters and Bloomberg to broadcast news worldwide of the Top 20 Mongolian Companies listed on the exchange. |
| Altan San Securities Announces New Head of Research |
| In line with it's expansion plans and as a result of increased interest in research on Mongolian companies, Altan San is pleased to announce it has hired a Head of Research, Benjamin Lambert. Mr. Lambert will be providing our website with general macro and micro-economic content and will be issuing special research reports for our Institutional client base. Mr. Lambert holds a Master's degree from Oxford University and was previously working in business strategy for Centrica Energy in the UK. |
| Altan San Securities Announces New Executive |
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Altan San Securities is pleased to announce the hiring of a new executive staff member. Guy Mock joins us from Bloomberg L.P. where he recently left his position as Asia Pacific Head of Electronic Execution Services. At Altan San, Mr. Mock will be responsible for the day to day running of the operations and work on expanding the business. His main task will be to liaise with overseas investors who are interested in the Mongolian Stock market and to work on alliances with overseas securities firms. |